Non-Company Employees definition

Non-Company Employees means each employee of the Seller or any direct or indirect Subsidiary of the Seller (other than the Company) who is primarily engaged in the business of the Company and which the Parties intend to transfer to the Buyer or any direct or indirect Subsidiary of the Buyer. Schedule 10.01(d) of the Company Disclosure Schedule sets forth the name of each such individual so employed as of the date hereof.
View Source

Examples of Non-Company Employees in a sentence

  • At least seventy-five percent (75%) of the Designated Non-Company Employees shall have either (i) delivered duly executed employment offer letters or employment agreements in customary form to the Buyer or an Affiliate, or (ii) in jurisdictions in which employment continues automatically as a result of “transfer of undertaking” or similar foreign laws, continued employment with the Buyer or an Affiliate in accordance with Applicable Laws.

  • Company Employees located in jurisdictions in which the employment of the Non-Company Employees continues automatically as a result of “transfer of undertaking” or similar foreign laws, the Buyer or its Affiliate, as applicable, shall continue such employee’s employment in accordance with Applicable Laws.

  • Company Employees located in jurisdictions in which the employment of the Non-Company Employees continues automatically as a result of “transfer of undertaking” or similar foreign laws, the Buyer or its Affiliates shall make a “qualified offer” to each of the Non-Company Employees.