Offer Employee definition

Offer Employee has the meaning set forth in Section 6.5(b).

Offer Employee means each employee who is employed by the Company or its Affiliates (other than a SpinCo Group Member or a Direct Sale Transferred Subsidiary) and is providing at least 80% of such employee’s business services in support of the Tiger Business, provided such employee is not an Automatically Transferring Tiger Employee.

Offer Employee means a Business Employee who is employed by Seller or an Affiliate of Seller other than an Acquired Company.

Examples of Offer Employee in a sentence

• Seller and Buyer shall work collaboratively to use their reasonable best efforts to take any actions the parties determine are necessary to ensure that (a) any Offer Employee offered employment by Buyer or its Affiliate, and (b) any other Business Employee who is a foreign national who requires a visa in order to work in his or her current position may continue to work in such position for Buyer or its Affiliate as of the Closing.

• For the avoidance of doubt, neither Buyer nor any of its Affiliates shall be required to make offers of employment to all or any of the Offer Employees; and Seller and its Subsidiaries shall be responsible for any and all Liabilities relating to any Offer Employee who is not hired by Buyer or its Affiliates.

• Seller or its Subsidiaries will terminate or cause to be terminated the employment of (x) each Offer Employee who accepts an offer of employment with Buyer or its Affiliate in accordance with this Section 5.12.1, effective as of immediately prior to the date upon which such Offer Employee commences employment with Buyer or its Affiliate and (y) each Offer Employee who rejects an offer of employment with Buyer or its Affiliates in accordance with this Section 5.12.1, effective as of the Closing.

More Definitions of Offer Employee

Offer Employee means Employee, other than a Transferred FH Company Employee, to whom the Transfer Regulations do not apply.

Offer Employee means each Business Employee who is not a Transferred Entity Employee or an Automatic Transfer Employee.

Offer Employee means each Current Business Employee who is not a Transferred DPC Company Employee or Joint Venture Employee.

Offer Employee means any Business Employee who is not, or as of immediately prior to Closing will not be, an employee of a Purchased Entity and whose contract of employment does not automatically transfer to Purchaser or any of its Affiliates as a result of the Transaction pursuant to the Transfer Regulations or other applicable Law.

Offer Employee has the meaning set forth in Section 4.4(c).

Offer Employee has the meaning set forth in the Employee Matters Agreement.

Offer Employee means each SpinCo Employee identified on the Census as an “Offer Employee,” as such Census may be updated as permitted pursuant to Section 6.1(h) of the Merger Agreement.