Inactive Business Employees definition

Inactive Business Employees has the meaning set forth in Section 5.7(a).
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Inactive Business Employees means each Business Employee that, as of the Closing Date, is on military leave, family and medical leave or other leaves of absence or who is receiving short-term or long-term disability under the Seller’s or any Seller Subsidiary’s short-term or long-term disability programs.
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Inactive Business Employees has the meaning set forth on Schedule O (Human Resource Requirements);
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Examples of Inactive Business Employees in a sentence

  • Effective as of the Closing Date (or, with respect to Inactive Business Employees, the date on which such Inactive Business Employee commences employment with Buyer), Seller shall terminate the employment of each Business Employee.

  • The Policy Value will be reduced by the same percentage as the Face Amount.

  • Inactive Business Employees shall remain employed by Seller or Seller’s Affiliate, as the case may be, until the earlier of the date the Inactive Business Employee becomes a Transferred Employee or the expiration of the Inactive Business Employee’s leave under Seller’s or such applicable Affiliate’s policies.

  • The Sellers have approved 2015 bonuses for the Business Employees (and any Inactive Business Employees) but excluding theManagement Employees up to an aggregate amount of $3,201,883 (such maximum aggregate amount, the “Bonus Pool Amount”).

  • Within two (2) Business Days after the Closing Date, the Seller Parent shall provide the Purchaser with a true and accurate list of all Inactive Business Employees.

  • The active employees of the Company as of the Closing Date and the Inactive Business Employees collectively are referred to as the “Business Employees”, and any Inactive Business Employee shall be treated as a Business Employee upon his or her return to, or commencement of, active employment with the Company.

  • For a period of eighteen (18) months following the Closing Date, as Inactive Business Employees are able to return to active employment, the Buyer shall make offers of employment to each such returning Inactive Business Employee, and each such Inactive Business Employee shall, upon accepting an offer of employment from the Buyer, be a Transferred Employee for the purposes of this Agreement.

  • Considerations include the following.III-8• Identifying the requirements for reinforcing forces and projected deployment flow, with attention to: •• Cross-loading among lift assets; and •• Task-organized by arrival sequence.

  • Inactive Business Employees shall remain employed by Seller and shall continue to receive compensation and benefits in accordance with the Employee Plans and policies of Seller.

  • Except in the case of an Inactive Business Employee who is on a military leave of absence, Offers of Employment made to Inactive Business Employees shall be contingent on the Inactive Business Employee being released to return to work within nine (9) months of the Closing Date, and Buyer shall not be required to hire any Inactive Business Employee who fails to meet that contingency.


More Definitions of Inactive Business Employees

Inactive Business Employees as defined in Section 7.5(d).
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Inactive Business Employees shall have the meaning set forth in Exhibit C.
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Inactive Business Employees means employees of the Station that as of the Closing Date are on leave of absence, disability leave, maternity leave, salary continuation and extension type of leave, military leave or worker’s compensation.
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Inactive Business Employees means persons who are absent from work on account of vacation, jury duty, sickness, short- or long-term disability, workers’ compensation leave, military leave, leave under the Family Medical Leave Act or other approved leave of absence or for whom an obligation to recall, rehire or otherwise return to employment exists under a contractual obligation or Law.
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Related to Inactive Business Employees

  • 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.

  • 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).

  • Inactive Employee means an employee who is not actively at work due to approved leave of absence, short-term disability leave or military leave.

  • 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.

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

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

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

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

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • 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 Employees means a person occupying any of the following position in the Company:

  • 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 Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

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

  • Casual Employees means employees who are employed on a casual basis and includes persons who are employed for periods not exceeding five days at any one time.

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

  • 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.

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

  • Group Business Entity means;

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

  • Active business operations means all business operations that are not inactive business operations.

  • Contract employee means a probationary faculty employee or a grant- funded employee hired on a year-to-year basis in accordance with Education Code 87470.

  • Auxiliary Employee meaning an employee who is employed for work which is not of a continuous nature such as:

  • Disabled Business Enterprise means a business owned by a person with a disability that is a continuing, independent, for-profit business that performs a commercially useful function, and is at least fifty-one (51%) owned and controlled by one (1) or more persons with a disability, or, in the case of any publicly-owned business, at least fifty one percent (51%) of the stock of which is owned and controlled by one(1) or more persons with a disability and whose management and daily business operations are under the control of one (1) or more persons with a disability.