New Employer definition

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 the Grantee's employer, or the parent or a subsidiary of such employer, immediately following a Change in Control.

Examples of New Employer in a sentence

• Letter of Understanding – Representation Thresholds – New Employer Counter Proposal– Feb 07, 2024 In the event that Statistics Canada releases External Availability Data during the life of the collective agreement, the Employer will provide such data to the Employment Equity Committee at its first meeting after the release of such data by Statistics Canada.

• Letter of Understanding – Representation Thresholds – New Employer Counterproposal – February 21, 2024 In the event that Statistics Canada releases External Availability Data during the life of the collectiveagreement, the Employer will provide such data to the Employment Equity Committee at its first meeting after the release of such data by Statistics Canada.

• Payment of any amounts calculated in accordance with Sections 9(a) and (b) shall be made in cash or, if determined by the Committee (as constituted prior to the Change in Control), in shares of the stock of the New Employer having an aggregate fair market value equal to such amount or in a combination of such shares of stock and cash.

• For purposes hereof, the fair market value of one share of stock of the New Employer shall be determined by the Committee (as constituted prior to the consummation of the transaction constituting the Change in Control), in good faith.

More Definitions of New Employer

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 a school at which the teacher has been offered and accepted employment.

New Employer means any Employer listed in clause 6 to this Annexure immediately following an employee’s last termination of employment.

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 a school at which the employee has been offered and accepted employment.

New Employer means a local probation board or the Service.