Employee and Retiree Liabilities definition

Employee and Retiree Liabilities means, except as otherwise expressly set forth on Schedule 1.2(f), hereto, all employment and retirement related Liabilities of the Parent Group (to the extent related to the Coal Business) or otherwise related to the CoalCo Group arising before or after the Effective Time, including, without limitation, (i) all shutdown, layoff, pension, medical and welfare benefits, disability, and other Liabilities of the Parent Group (to the extent related to the Coal Business) or CoalCo Group to, or on behalf of, past, present, or future employees and retirees (including dependents and heirs of such employee and any other person or entity who asserts a claim derived from such person), including, without limitation, claims based upon any collective bargaining agreement, Benefit Plan, Welfare Plan or otherwise, to which such entities are or were a party, the Coal Act, employment claims, disability claims, workers compensation claims, and claims arising under ERISA, whether arising prior to or subsequent to the Effective Time, and whether such Liabilities exist by reason of contract, statute, or otherwise; (ii) any contribution or other obligations pursuant to any Benefit Plan or Welfare Plan on behalf of any past, present or future employees or retirees of the Parent Group (to the extent related to the Coal Business) or CoalCo Group, (iii) Liabilities for all claims under any state workers’ compensation laws or claims of intentional tort, including, without limitation, tort claims for personal injury or illness giving rise to the potential for damages above and beyond remedies provided for by a state workers’ compensation schedule of benefits, in each case by or on behalf of any past, present or future employees or retirees of the Parent Group (to the extent related to the Coal Business) or CoalCo Group, and all dependents and heirs of all such employees or any other person or entity who asserts a claim derived from such person, based on occupational illnesses or injuries (excluding Black Lung Claims), regardless of whether such illness, injury or the events or circumstances giving rise to any such claim had or shall have occurred before or after the Separation; (iv) Liabilities for all Black Lung Claims by or on behalf of past, present or future employees or retirees of the Parent Group (to the extent related to the Coal Business) or CoalCo Group and any dependents or heirs of all such employees or any other person or entity who asserts a claim derived from such person...
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Examples of Employee and Retiree Liabilities in a sentence

  • The Company and its Subsidiaries will, and on and after the Closing Date the Purchaser will cause the Company and its Subsidiaries to pay off, satisfy and discharge all Employee and Retiree Liabilities as they become due and payable.

  • Both students described how instructors added a more “human touch” to the pro- gram by recording voice comments on their papers, creating assign- ments that facilitated interaction with other professionals in higher education, and using audio-recorded weekly wrap-ups to highlight “key learning points.” Emilia and Shay also explained how technolog- ical tools such as Wimba fostered and mediated social, online experi- ences.

Related to Employee and Retiree Liabilities

  • Employment Liabilities means all claims, demands, actions, proceedings, damages, compensation, tribunal awards, fines, costs (including but not limited to reasonable legal costs), expenses and all other liabilities whatsoever;

  • Employee Liabilities means all claims, actions, proceedings, orders, demands, complaints, investigations (save for any claims for personal injury which are covered by insurance) and any award, compensation, damages, tribunal awards, fine, loss, order, penalty, disbursement, payment made by way of settlement and costs, expenses and legal costs reasonably incurred in connection with a claim or investigation including in relation to the following: redundancy payments including contractual or enhanced redundancy costs, termination costs and notice payments; unfair, wrongful or constructive dismissal compensation; compensation for discrimination on grounds of sex, race, disability, age, religion or belief, gender reassignment, marriage or civil partnership, pregnancy and maternity or sexual orientation or claims for equal pay; compensation for less favourable treatment of part-time workers or fixed term employees; outstanding debts and unlawful deduction of wages including any PAYE and National Insurance Contributions in relation to payments made by the Customer or the Replacement Supplier to a Transferring Supplier Employee which would have been payable by the Supplier or the Sub-Contractor if such payment should have been made prior to the Service Transfer Date; claims whether in tort, contract or statute or otherwise; any investigation by the Equality and Human Rights Commission or other enforcement, regulatory or supervisory body and of implementing any requirements which may arise from such investigation;

  • Employment Taxes means all fees, Taxes, social insurance payments or similar contributions to a fund of a Governmental Authority with respect to wages or other compensation of an employee or other service provider.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Employment Laws means all applicable federal, state and local laws (including, without limitation, any statutes, regulations, ordinances or common laws) regarding the employment, hiring or discharge of persons.

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Hired Employees has the meaning set forth in Section 6.1(a).

  • Active Employment means you must be actively at work for the Sponsor:

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • MREL Eligible Liabilities means “eligible liabilities” (or any equivalent or successor term) which are available to meet any MREL Requirement (however called or defined by then Applicable MREL Regulations) of the Issuer under Applicable MREL Regulations;

  • Company Employee Agreement means each management, employment, severance, consulting, relocation, repatriation or expatriation agreement or other Contract between the Company or any Company Affiliate and any Company Employee, other than any such management, employment, severance, consulting, relocation, repatriation or expatriation agreement or other Contract with a Company Employee which is terminable “at will” without any obligation on the part of the Company or any Company Affiliate to make any payments or provide any benefits in connection with such termination.

  • employment zone means an area within Great Britain designated for the purposes of section 60 of the Welfare Reform and Pensions Act 1999 and an “employment zone programme” means a programme established for such an area or areas designed to assist claimants for a jobseeker’s allowance to obtain sustainable employment;

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Employment Business means as per the Employment Agencies Xxx 0000 and the Conduct of Employment Agencies and Employment Businesses Regulations 2003, an Employment Business is a business that offers contracts of employment to temporary workers, whose services are then temporarily offered on secondment to Framework Public Bodies.

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • Prior Employment Agreement has the meaning set forth in the recitals hereto.

  • Accrued Liabilities shall include a pro rata contribution to each Employee Benefit Plan or with respect to each such obligation or arrangement for that portion of a plan year or other applicable period which commences prior to, and ends after, the Closing Date, and Accrued Liabilities for any portion of a plan year or other applicable period shall be determined by multiplying the liability for the entire such year or period by a fraction, the numerator of which is the number of days preceding the Closing Date in such year or period and the denominator of which is the number of days in such year or period, as the case may be.

  • Supported employment means the ongoing supports to participants who, because of their disabilities, need intensive ongoing support to obtain and maintain an individual job in competitive or customized employment, or self-employment, in an integrated work setting in the general workforce at or above the state’s minimum wage or at or above the customary wage and level of benefits paid by the employer for the same or similar work performed by individuals without disabilities. The outcome of this service is sustained paid employment at or above the minimum wage in an integrated setting in the general workforce in a job that meets personal and career goals. Supported employment services can be provided through many different service models.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Excluded Employees has the meaning set forth in Section 2.5(a)(iv).

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Business Employee means any Person who is a present or former employee of Seller at any time prior to or on the Closing Date, and who provided or previously provided any services relating to the Business.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).