DSD Employees definition
Examples of DSD Employees in a sentence
To Seller’s knowledge, no executive, key employee or group of DSD Employees listed on Schedule 4.20(b) has indicated any plans to terminate employment with the Seller before or with Buyer promptly after the Closing.
For DSD Employees covered by a Labor Contract, the applicable Labor Contract includes the effective date of any pay rate changes.
With respect to matters described in this Section 5.08, DSD will not send any written notices or other written communication materials to DSD Employees without the prior written consent of High Tide.
In addition, to the extent any DSD Employees are on leaves of absence as of October 27, 2008, Schedule 4.20(b) indicates the category of such leave of absence and an estimate of each such employee’s anticipated date of return to active employment.
None of DSD Employees is represented by a labor organization, work council, or trade union and, to the Knowledge of DSD, there is no organizing activity, Legal Action, election petition, union card signing or other union activity, or union corporate campaigns of or by any labor organization, trade union, or work council directed at DSD, or any DSD Employees.
Schedule 4.20(b) shall be updated and provided to Buyer as of the Closing Date and the information provided by Seller to Buyer as described in Section 3.2(h)(i) above shall be accurate as of the Closing Date with respect to the DSD Employees as of such date.
Schedule 4.19(a) lists the Employee Plans that provide to DSD Employees other compensation or allowance and target incentive compensation (commission and/or bonus, as applicable).
Schedule 4.20(b) describes Seller’s policies for scheduling hours of work per week for DSD Employees who are non-exempt and part-time employees.
Seller shall deliver (i) a listing setting forth the number, if any, of former full-time DSD Employees, by location of each such employee’s service, who left the employ of Seller within the ninety (90) day period preceding the Closing Date, whether the termination was voluntary or involuntary to the employee; and (ii) a list setting forth the accrued and unused vacation for DSD Employees as of a date no earlier than fourteen (14) days prior to the Closing Date.