Employee Affiliate definition

Employee Affiliate means any person employed by (or who is the spouse, relative or relative of a spouse, in each case residing in the home of a person employed by) a Control Affiliate.

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Employee Affiliate means any Person directly or indirectly controlled by Employee. For purposes of this Agreement, a Person shall be presumed to be controlled by Employee if (i) Employee is a director or general partner of such Person (including any partnership in which Employee is a general partner or any trust in which Employee is a trustee or beneficiary), (ii) Employee directly or indirectly beneficially owns 10% or more of the outstanding Voting Securities of such Person or (iii) such Person is controlled by any Person contemplated in clauses (i) or (ii) of this definition.

Employee Affiliate means the Employee’s spouse, an Employee’s trust or other entity owned or controlled by the Employee.

Examples of Employee Affiliate in a sentence

Each party shall be liable for any breach by any Employee, Affiliate, or third party consultant of the confidentiality obligations contained herein.
The Trustee represents that it is a bank or trust company that is not a Control Affiliate or an Employee Affiliate.
All obligations imposed upon the Employee and each Employee Affiliate and all rights granted to the Company under this Agreement shall be final, binding and conclusive upon the Employee and each Employee Affiliate and their legal representatives, heirs, legatees, distributees, executors, administrators, successors, assigns and transferees.
The provisions of this Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and the Employee and each Employee Affiliate and their legal representatives, heirs, legatees, distributes, executors, administrators, successors, assigns and transferees by operation of law.
The Trustee represents that it is a bank or trust company which is not a Control Affiliate or an Employee Affiliate.
The Company and any Company Affiliates (including without limitation any officers or directors of the Company or any Company Affiliate) agree not to disparage in any material respect the Employee or an Employee Affiliate either orally or in writing.
The provisions of this Agreement shall inure to the benefit of, and be binding upon, the Company and its successors and assigns and the Former Employee and each Employee Affiliate and their legal representatives, heirs, legatees, distributes, executors, administrators, successors, assigns and transferees by operation of law.
Upon the liquidation, dissolution, winding-up, suspension, incapacity, resignation or removal (in accordance with Section 12 below) of the initial Trustee, DLJ or the Majority Holders shall appoint a successor Trustee; provided, however, that such successor Trustee may not be a Control Affiliate, an Employee Affiliate, or an Other Affiliate unless such Other Affiliate is a bank or trust company.
Upon the liquidation, dissolution, winding-up, suspension, incapacity, resignation or removal (in accordance with Section 13 below) of the initial Trustee, CSFB or the Holders of Trust Certificates representing fifty percent (50%) or more of the Trust Shares shall appoint a successor Trustee; provided, however, that such successor Trustee may not be a Control Affiliate or an Employee Affiliate.
No Employee Benefit Plan or Employee Affiliate Plan is a Multiemployer Plan.

More Definitions of Employee Affiliate

Employee Affiliate means an Affiliate of the Seller that ------------------ employs any Business Employee.

Employee Affiliate means any person employed by (or who is the spouse, relative or relative of a spouse, in each case residing in the home of a person employed by) a Control Affiliate. (d) "Holder" means from time to time, any person or entity for whom Shares are held hereunder by the Trustee. (e)"Securities Act" means the Securities Act of 1933. (f)"Share" means a share of Common Stock.

Employee Affiliate means any person employed by (or who is the spouse, relative or relative of a spouse, in each case residing in the home of a person employed by) a Control Affiliate. (h) "Exchange Act" means the Securities Exchange Act of 1934, as amended. (i) "Excluded Capital Stock" means shares of Capital Stock of the Corporation that BACI or any BACI Affiliate owns (or has the right to acquire within 60 days) that are not subject to this Agreement. (j) "Holder" means from time to time, any person or entity for whom Shares are held hereunder by the Trustee, as reflected in the records of the Trustee (including BACI and any BACI Affiliate). (k) "Lockup Agreement" means the agreement between BACI and the Representatives, dated as of July 15, 2005. (l) "Other Affiliate" means any person or entity which has a substantial business relationship with a Control Affiliate and which is not itself a Control Affiliate. (m) "person" means any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization, government or any agency or political subdivision thereof or any other entity. (n) 'Preferred Stock" means the outstanding preferred stock of the Corporation. (o) "Registration Rights Agreement" means the Registration Rights Agreement among the Corporation and the investors party thereto, dated as of May 9, 2003, and as amended and restated as of August 8, 2005. (p) "Representatives" means BAS and ▇.▇. ▇▇▇▇▇▇ Securities Inc., as representatives of the several underwriters in the initial public offering of the Common Stock. (q) "Securities Act" means the Securities Act of 1933, as amended. (r) "Share" means a share of Common Stock or a Share Equivalent. (s) "Share Equivalent" means at any time any security convertible into, exchangeable for, or carrying the right to acquire Common Stock or subscriptions, warrants, options, rights or other arrangements obligating the Corporation to issue or dispose of any shares of Common Stock, regardless of whether such security is convertible, exchangeable or exercisable at such time. (t) "Voting Stock" of a person means all classes of Capital Stock of such person then outstanding and normally entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof.