New Employer means, after a Change in Control, a Participant’s employer, or any direct or indirect parent or any direct or indirect majority-owned subsidiary of such employer.
New Employer means a Participant's employer, or the parent or a subsidiary of such employer, immediately following a Change in Control.
New Employer means a school at which the teacher has been offered and accepted employment.
Examples of New Employer in a sentence
If, during the Term, and for a period of 1 (one) year thereafter, a Party (the ‘New Employer’) hires (whether directly or indirectly and in whatsoever capacity) an employee of the other (the ‘Old Employer’) who is involved in the provision, acquisition and support of the Services, the New Employer shall pay to the other Party an amount equal to the product of the employee’s actual monthly salary multiplied by 3 (three).
More Definitions of New Employer
New Employer means the Grantee's employer, or the parent or a subsidiary of such employer, immediately following a Change in Control.
New Employer means a business newly established in the clothing and garment knitting sector, during the first 12 months of its existence in the sector; Provided that if an existing business undergoes a change of name or ownership (including a change of directors, members or partners) while largely retaining the same employees and/or clients, it shall not be regarded as a new employer. [See also the proviso to clause 4(1)].
New Employer means any employer who has been an employer as defined in this chapter and whose account has been chargeable with benefits for less than one fiscal year immediately preceding the computation date.
New Employer means, immediately after a Change in Control, Participant’s employer, or any direct or indirect parent or any direct or indirect majority-owned subsidiary of such employer.
New Employer means, as determined by the Committee in its sole discretion, a Participant’s employer immediately following a Change in Control, the Company, any successor to the Company, or the entity resulting from a spin-off from the Company, or the parent or a subsidiary of any such entities.
New Employer means any Employer listed in clause 6 to this Annexure immediately following an employee’s last termination of employment.
New Employer means a local probation board or the Service.