Objecting Employee definition

Objecting Employee means any Business Employee who objects to an automatic transfer of his/her employment relationship to Purchaser or a Purchaser Designee or does not accept an Employment Offer or is not transferred to the Purchaser or a Purchaser Designee for any other reason for which the Purchaser or such Purchaser Designee may not be held responsible pursuant to this Agreement.
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Objecting Employee has the meaning given in Section 3(b)(iii). Objecting Employees shall not be considered Employees unless provided otherwise in this Agreement.
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Objecting Employee has the meaning as set out in Schedule 18;
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Examples of Objecting Employee in a sentence

  • Purchaser shall not be liable for any severance or other costs (including retention payments or pension obligations) related to any Objecting Employee, except to the extent expressly provided in Section 3.3(a)(gg) with respect to the German ATZ Liability.

  • In particular, prior to the termination of employment or the conclusion of any termination agreement, court settlement, out-of-court settlement agreement or similar agreement with any Objecting Employee or other employee of Sellers’ German Entities, as applicable, the respective Sellers’ German Entity will inform and consult with Acquiror regarding the Termination Costs.

  • Notwithstanding the foregoing, the Purchaser will fully indemnify the Seller from any liability with respect to any Objecting Employee arising after the expiration of a period of one month following receipt by the relevant employee of the notice referred to in § 6(2)a) above resulting from any non-compliance of the notice with the requirements of section 613a paragraph 5 BGB with respect to any measures affecting the employees and envisaged by the Purchaser after the Closing Date.

  • Except as provided in the last sentence of this Section 5.6(c), Purchaser and its Affiliates shall have no liability or obligation to any Foreign Objecting Employee and Seller shall be fully responsible for any liability or obligation with respect to any Foreign Objecting Employee.

  • Neither Purchaser nor any of its Affiliates shall have any obligation to provide employment to any non-United States employee of the Business who properly objects to becoming a Foreign Transferred Employee or refuses to assent to the consummation of the transactions contemplated hereby (a "Foreign Objecting Employee").

  • Notwithstanding any provision in this Agreement to the contrary, Purchaser will reimburse Seller, on demand, for the lesser of (i) $75,000 and (ii) up to 50% of all out-of-pocket costs incurred by Seller or any of its Affiliates, in each case in connection with any severance costs paid to any Foreign Objecting Employee or Foreign Transferred Employee as a result of (A) such person's objection to becoming a Foreign Transferred Employee or (B) as required pursuant to applicable law.


More Definitions of Objecting Employee

Objecting Employee shall have the meaning set forth in Section 6.01(c).
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Objecting Employee has the meaning as set out in Schedule 18; “Occurrence Basis Policies” means any insurance policies (including without limitation any directors’ and officers’ liability insurance policies) which are in force at the date of this Agreement and which provide cover in relation to any Pre-Completion Matter on an occurrence basis; “Offer Letter Date” means 28 April 2017; “Opted Properties” has the meaning set out in Clause 2.9(c); “Original Roundup Agreements” means:
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