Loaned Employees definition

Loaned Employees shall have the meaning set forth in Section 10.1(a) of the Asset Transfer and Contribution Agreement.
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Loaned Employees for purposes of this Section shall have the meaning set forth in the Transition Agreement. The terms of such loan will be governed by the Transition Agreement. MAP will cause the Loaned Employees to be reassigned from SP to become employees of MAP prior to Closing. From and after the date of this Agreement until ten days prior to Closing, Plains may extend an offer of employment to any MAP ITS employee assigned to the SP Group. Such offer of employment and acceptance thereof by a MAP ITS employee shall be contingent upon the Closing of the transaction contemplated herein. No employee who accepts an offer of assignment with Plains prior to Closing will suffer any loss of compensation, benefit, or position as a result of a contingent acceptance of employment with Plains. If for any reason, the transactions contemplated by this Agreement does not close, all MAP ITS employees that made a contingent acceptance of an offer of employment will retain their position as MAP employees at will and will retain all benefits and current level of compensation. Plains may designate any employee who has declined employment with the SP Group as a Loaned Employee under Section 5.2(c). During the period from the date of this Agreement through the Closing Date, (i) MAP will not make a pre-emptive specific relocation or reassignment offer to a MAP ITS employees without the prior written consent of Plains; (ii) only after Plains makes a formal employment offer will MAP advise a MAP ITS employee of whether the possibility of continued employment exists after the end of the term of the Transition Agreement, it being understood that such discussions may include the general nature of the MAP ITS employee's anticipated future assignment and location and will include normal pay treatment for relocations, and that MAP's relocation package may be discussed where appropriate; and (iii) MAP ITS employees who have not accepted Plains employment offers may bid on positions normally listed on MAP's company-wide job posting system; provided, however, that no MAP ITS employee will be specifically solicited for these positions; provided, further, that once a MAP ITS employee has requested consideration for a posted position, the MAP ITS employee may be given the same consideration as MAP's other employees. Upon notice to MAP of a MAP ITS employee's contingent acceptance of an offer, MAP shall not solicit, offer employment to, or otherwise attempt the retain the employment of such employee.
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Loaned Employees has the meaning set forth in Section 7.1.1.
Sample 1

Examples of Loaned Employees in a sentence

  • The parties hereto agree that until further agreement, the Loaned Employees are not, nor will they become, employees of CNC for tax purposes or any other purpose whatsoever.

  • The Loaned Employees have no authority to make commitments or enter into contracts on behalf of, or to bind or otherwise obligate CNC in any matter whatsoever, except as expressly provided herein.

  • CNC shall be responsible for directing the Loaned Employees' performance of duties associated with the position titles set forth on Exhibit A hereto.

  • The Loaned Employees shall remain, and shall be advised by the parties that they will at all times during the Agreement Term, continue as employees of CTI; provided, that notwithstanding anything to the contrary contained in this Agreement, CTI may, at any time, with cause, terminate employment of such Loaned Employee with CTI.

  • The Loaned Employees shall be entitled to the fringe benefits of employment offered by the University.

  • The Research Foundation shall have control over all aspects of Loaned Employee's day- to-day work, and Loaned Employee shall devote 100% of his or her working time to performing services for the Research Foundation.

  • All Social Workers providing services for EFR shall be considered Loaned Employees when providing services to the Agency and shall be subject to Section 3 of this Agreement.

  • The parties acknowledge that University and Loaned Employee have agreed and acknowledged that Loaned Employee's contract with the University is contingent upon continuation of this Agreement and in the event this agreement is terminated Loaned Employee's contract with the University will also terminate.

  • Licensee will individually determine whether to utilize the Loaned Employee's advice and, if so, how to implement the advice, and all decisions and liability therefor shall be Licensee's.

  • In the event a Loaned Employee's ---------------------------------- employment with CTI terminates for any reason, the Loaned Employee's assignment to CNC hereunder shall also terminate.


More Definitions of Loaned Employees

Loaned Employees has the meaning defined in Section 5.1.
Sample 1
Loaned Employees shall have the meanings set forth in the ESS Agreement. The parties have executed this Letter Agreement by their duly authorized representatives as of June 19, 1997. XXXXXXXX COMMUNICATIONS GROUP. INC. By:/s/ ---------------------------------- Its: --------------------------------- Agreed and Accepted CONCENTRIC NETWORK CORPORATION By: /s/ ----------------------------------
Sample 1
Loaned Employees has the meaning given such term in Section 4.16(c)(i).
Sample 1
Loaned Employees means any employee of the Business loaned or seconded by Seller to its Affiliates and listed on the schedule of Loaned Employees attached hereto as Schedule 1.1(g). (iii) "MANUFACTURING FACILITY EMPLOYEES" shall mean persons who immediately prior to the Closing are employed by Seller at the Latina Facility, the Monterrey Facility or the Southington Facility. (iv) "SELECTED EMPLOYEES" shall have the meaning given to such term in Section 8.1. (v) "SOUTHINGTON EMPLOYEES" shall have the meaning given to such term in Section 8.2.
Sample 1
Loaned Employees means those employees who shall continue to be employed by the Sellers (other than the TSA EMEA Sellers) subsequent to the Closing pursuant to the Loaned Employee Agreement.
Sample 1

Related to Loaned Employees

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

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

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

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

  • 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.

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

  • Business Employees has the meaning set forth in Section 4.10(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.

  • Excluded Employees means those employees listed on Schedule 1.1(w);

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

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

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

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

  • Other Employees means, all the employees other than the Directors, KMPs and the Senior Management Personnel.

  • Current Employees has the meaning set forth in Section 5.6(a).

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

  • Relevant Employees means the employees of the Contractor (including the Transferring Employees) who are wholly or mainly assigned to work in the provision of the Services and who are/will be the subject of a Relevant Transfer by virtue of the application of the TUPE Regulations.

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

  • Permanent Employees means all employees who are not casual employees, or employees working in a long-term supply assignment, as defined below.

  • 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.

  • Returning Employees means those persons listed in a schedule to be agreed by the Parties prior to the end of the Contract Period who it is agreed were employed by the Contractor (and/or any Sub-Contractor) wholly or mainly in the supply of the Services immediately before the end of the Contract Period.

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

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

  • Key Employees means each of the following individuals: Xxx Xxxxxxx, Xxxxx Xxxxxxxx, Xxxxx Xxxxxx and Xxxxx Xxxxxxx.

  • Union Employees has the meaning set forth in Section 6.12(a).