Initial Employees definition
Examples of Initial Employees in a sentence
Initial Employees newly engaged in a permanent job classification within the Bargaining Unit shall become and remain members of the Union within twenty (20) working days from the day of initial employment.
The Capital Contributors will contribute proportionately to the number of Initial Employees which each employs.
During the Term of this Agreement the Initial Employees, or future Employees, shall not acquire rights or otherwise engage in exploration and development for Oil and/or Gas in Century’s Area of Operation or in conflict with any area of operation of Persons Affiliated with Century.
The Initial Employees shall grant membership interests to Subsequent Employees (and/or others) in percentages they deem to be appropriate.
The Initial Employees shall be entitled to ten (10) working days paid vacation each year of the Term and paid legal holidays as reasonably determined by Century.
Century desires to employ the Initial Employees to perform certain services for Century, as hereinafter set forth, and the Initial Employees desire to undertake the performance of such services and any reasonable changes in such services as the Initial Employees may hereafter be directed to undertake from time to time.
All parties hereto acknowledge and agree that the Company and PPI have entered into Sale Proceeds Sharing Agreements with the Initial Employees and that the payments of any awards thereunder are to be paid, if at all, solely by PPL with respect to any Sale Proceeds Sharing Agreements entered into with any other employees of the Company, the Members agree that the Company shall fund the payments required thereunder.
Century hereby employs the Initial Employees and the Initial Employees hereby accept employment with Century upon the terms and conditions below.
Century shall withhold from any compensation, benefits or amounts payable to the Initial Employees under this Agreement all federal, state, city, or other taxes as may be required pursuant to any law or governmental regulation or ruling.
Initial Employees are required to update management with a status within 48 hours after being given contact information for a new client.