Era Employee definition
Era Employee means each individual employed by Era or any of its subsidiaries immediately before the Effective Time.
Era Employee means any person employed or formerly employed by any member of the Era Group at the time of the exercise, vesting, settlement, disqualifying disposition or payment of the applicable stock option, stock appreciation right, restricted stock, restricted stock unit or dividend, as the case may be, unless, at such time, such person is employed (or also employed) by a member of the Seacor Group or was more recently employed by a member of the Seacor Group than by a member of the Era Group.
Examples of Era Employee in a sentence
All workers’ compensation Liabilities relating to, arising out of, or resulting from any claim by a Era Employee that results from an accident occurring, or from an occupational disease which becomes manifest, prior to, upon, or following the Effective Time shall be assumed by Era.