Legacy Employee definition

Legacy Employee any individual who (i) is independently hired by Legacy after the Distribution Date as an employee of Legacy, and (ii) is not an employee or director of Excel.
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Legacy Employee means any employee of the Company as of the date hereof.
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Legacy Employee shall have the meaning set forth in Section 4.14(a).
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Examples of Legacy Employee in a sentence

  • BHLB will give each Current Legacy Employee credit, for purposes of BHLB’s vacation and/or other paid leave benefit programs, for such Current Legacy Employees’ accrued and unpaid vacation and/or paid leave balance with Legacy as of the Closing Date.

  • Each Current Legacy Employee who remains employed on the Benefit Plan Determination Date shall be eligible to participate in group hospitalization, medical, dental, life, disability and other welfare benefit plans and programs available to similarly-situated employees of BHLB, subject to the terms of such plans and programs, and subject to complying with eligibility requirements of the respective plans and programs.

  • Notwithstanding the foregoing, any NSTAR Legacy Employee shall not be automatically enrolled pursuant to this Plan Section 6.2(b).

  • Notwithstanding, and in lieu of, the foregoing, the Employer shall make an Employer Matching Contribution for each NSTAR Legacy Employee equal to fifty percent (50%) of such Participant’s Employee Salary Deferral Contributions pursuant to Plan Section 7.1, to the extent of such Participant’s Employee Salary Deferral Contributions not in excess of eight percent (8%) of the Participant’s Compensation.

  • See “—Wallbox Legacy Employee Stock Option Programs” for additional information about these stock options.

  • Effective as of April 30, 2018, this Appendix G sets out the additional provisions that apply to those certain employees of the Company (the “Legacy Allogene Employees”) whose employment is transferred as of April 30, 2018, May 10, 2018, May 15, 2018 and May 30, 2018 (for each Legacy Employee as applicable, the “Termination Date”) to Allogene Therapeutics, Inc.

  • No NSTAR Legacy Employee shall be eligible for a K-Vantage Contribution unless or she otherwise becomes a K-Vantage Employee.

Related to Legacy Employee

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

  • Former Employee means all individuals (including common law employees, independent contractors and individual consultants) who were employed or engaged by the Company in connection with the Business but who are no longer so employed or engaged on the date hereof.

  • SpinCo Employee means any individual who, immediately following the Distribution Date, will be employed by Spinco or any member of the Spinco Group in a capacity considered by Spinco to be common law employment, including active employees and employees on vacation and approved leaves of absence (including maternity, paternity, family, sick, short-term or long-term disability leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, and leave under the Family Medical Leave Act and other approved leaves).

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

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

  • Parent Employee means, a current employee of Parent or any of its Subsidiaries.

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.

  • 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.

  • 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).

  • Hourly employee means an employee who is compensated on an hourly basis for each hour of work performed, including time worked beyond 40 hours in a workweek.

  • Current Employee has the meaning set forth in Section 7.8(a).

  • 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.

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

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

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

  • 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.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.

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

  • Retired Employee means an employee of the state who retired after April 29, 1971,

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

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.