MSG Employee definition

MSG Employee means any individual who is employed by the MSG Group.
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MSG Employee means any individual who, immediately following the Distribution Date, will be employed by MSG or any member of the MSG Group in a capacity considered by MSG 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
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Examples of MSG Employee in a sentence

  • CVC shall credit each CVC Participant with the amount of accrued but unused vacation time, sick time and other time-off benefits as of an employee’s transfer date for a MSG Employee who becomes a CVC Employee prior to December 31, 2010.

  • MSG and each member of the MSG Group shall pay CVC for any MSG Employee or Former MSG Employee’s participation in the CVC Plans, if and to the extent such payment is consistent with past practice.

  • CVC shall be responsible for collecting any applicable withholding amounts with respect to such dividends and, to the extent a holder is a MSG Employee or Former MSG Employee, shall promptly remit such amounts to MSG.

  • MSG shall credit each MSG Participant with the amount of accrued but unused vacation time, sick time and other time-off benefits as such MSG Participant had with the CVC Group as of the Distribution Date or as of an employee’s transfer date for a CVC Employee who becomes a MSG Employee prior to December 31, 2010.

  • For the avoidance of doubt, forfeited CVC Restricted Stock held by a MSG Employee or Former MSG Employee shall be returned to CVC without any reimbursement by CVC to MSG for such forfeited restricted stock.

  • Notwithstanding the above, until the Transition Period End Date, all benefits payable to MSG Participants shall be paid from the Cablevision 401(k) Savings Plan and MSG will continue to withhold MSG Employee contributions, fund matching contributions for MSG Employees and pay CVC the administrative and other expenses for the payment of such benefits, if and to the extent such payment is consistent with past practice.

  • If the holder is a MSG Employee or Former MSG Employee, CVC will cause the cash payments associated with the net settlement to be delivered promptly to MSG in order for MSG to satisfy the associated employee withholding obligation.

  • The transactions provided for under this Agreement shall not constitute a separation from service or a termination of employment under the Cablevision Cash Balance Pension Plan or the MSG Cash Balance Pension Plan, each of which shall provide that no distribution of retirement benefits shall be made to any MSG Employee on account of these transactions.

  • Until the Transition Period End Date, MSG will continue to withhold MSG Employee contributions, track matching contributions for MSG Employees and pay CVC the administrative and other expenses for the payment of such benefits, if and to the extent such payment is consistent with past practice.

  • No provision of this Agreement or the Distribution Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any CVC Employee or MSG Employee or other future, present, or former employee of any member of the CVC Group or MSG Group under any CVC Plan or MSG Plan or otherwise.

Related to MSG Employee

  • SpinCo Employee has the meaning set forth in the Employee Matters Agreement.

  • 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.

  • 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.

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • 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.