Employee Transferee definition

Employee Transferee means any officer, director or employee of any of the Debtors on the Petition Date (i) who is not a director, officer or employee of any of the Debtors as of the Effective Date, and (ii) who received a payment or transfer, other than ordinary course wages, compensation or fees paid in the ordinary course, of more than $75,000 during the applicable “look back” period under section 547 of the Bankruptcy Code.
Employee Transferee means each and every direct or indirect transferee of any Employee Investor.

Examples of Employee Transferee in a sentence

  • Amongst other things, it contains corporate announcements, media releases, financial results, presentations, annual reports and the Investor Relations Policy.

  • Subject to the Employee Transferee remaining in the employ of the Group for a continuous period of 2 years post-Invitation, Mr Albert Phuay Yong Hen will transfer a second tranche of 230,000 Shares to each of the Employee Transferees for a nominal consideration of $1.00 from each of the Employee Transferees.

  • Through our series of inquiries, we do not seek to offer prescriptive policy recommendations.

  • This section introduces the concept of a spectrum as a graphical presentation of the brightness of different colors in light, and you’ll learn how to translate between various quantitative properties associated with the color of light.

  • The Chairman of the Board and the Chair of the Committee on Governance approved the following recommendation: Appointment of Regent to Standing Committee That Regent Hotchkis be appointed to the Committee on Investments to fill the vacancy created when Regent Preuss’ term as a Regent expired on March 1, 2008.

  • Mr Inderjit Singh shall keep or cause to be kept a ledger containing the details of each Employee Transferee and the Shares transferred to the Employee Transferees, and shall allow the Investors to inspect and take copies of such ledger on reasonable notice.

  • Given the activity to which the Company is dedicated, it has no liabilities, expenses, assets, provisions or environmental contingencies that could be significant in relation to the assets, financial situation and results of the same.

Related to Employee Transferee

  • Permitted Transferee Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.

  • Eligible Transferee means and include a commercial bank, financial institution or other "accredited investor" (as defined in Regulation D of the Securities Act).

  • Prospective Transferee means any person to whom a Key Holder proposes to make a Proposed Key Holder Transfer.

  • Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or (c) a trust or custodial arrangement established by the Funding Lender or one of its affiliates the beneficial interests in which will be owned only by QIBs.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Transferring Employee means an employee at the airport who timely transfers to the regional authority by the transfer date.

  • Prohibited Transferee means any Person who is a:

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Shareholder-Employee means a Participant who owns more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation under the applicable Code Section.

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Proposed Transferee has the meaning set forth in Section 2.4(a).

  • Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;

  • Transferee Company means any company or body corporate established in the Islands or in any other jurisdiction.

  • Restricted Employee means any individual who was employed by any member of the Company Group during the course of Employee’s term of employment and with whom Employee had material contact during the twelve (12) month period immediately preceding the date of Employee’s termination.

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Employee Option means an Option granted pursuant to Section 5.

  • Qualified Transferee means an “accredited investor” as defined in Rule 501 promulgated under the Securities Act.

  • Eligible Stockholder means a person who has either (1) been a record holder of the shares of common stock of the Corporation used to satisfy the eligibility requirements in Section 3.2(d) continuously for the required three-year period or (2) provides to the Secretary of the Corporation, within the time period referred to in Section 3.2(e), evidence of continuous Ownership of such shares for such three-year period from one or more securities intermediaries.

  • Transferring Shareholder has the meaning set out in Section 6.1;

  • Grandfathered Stockholder has the meaning set forth in Section 1.1.

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Excluded Employee means an employee as defined in section 3527, subd. (b) of the Government Code (Ralph C. Dills Act) except those excluded employees who are designated managerial pursuant to section 18801.1 of the Government Code.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.