Non-Continuing Employee Closing Option definition

Non-Continuing Employee Closing Option means a Company Option held by a Person other than a Continuing Employee, whether vested or unvested immediately prior to the Effective Time.

Related to Non-Continuing Employee Closing Option

  • Continuing Employee has the meaning set forth in Section 6.7(a).

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

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

  • Employee Transfer Date means in respect of any particular Transferring Employee the date on which the part of the Services to which they are assigned transfers from the Previous Contractor to the Contractor;

  • 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.

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

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • existing employee means an employee who elected to participate in the Virginia Sickness and

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Nonqualifying Termination means a termination of the Executive’s employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive’s death or (4) by the Company due to the Executive’s absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive’s incapacity due to physical or mental illness.

  • Severance Date means the date on which an Executive incurs a Severance, which shall be the date of termination as determined under Section 5.2.

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Employee Option means an Option granted pursuant to Section 5.

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

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

  • Company Employee Agreement means each management, employment, severance, consulting, relocation, repatriation or expatriation agreement or other Contract between the Company or any Company Affiliate and any Company Employee, other than any such management, employment, severance, consulting, relocation, repatriation or expatriation agreement or other Contract with a Company Employee which is terminable “at will” without any obligation on the part of the Company or any Company Affiliate to make any payments or provide any benefits in connection with such termination.

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Affected employee means an employee who would be affected by the grant or denial of a variance, or any one of the employee’s authorized representatives, such as the collective bargaining agent.

  • Scheduled Commitment Termination Date means April 16, 2024.

  • 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 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:

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

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