PFS Employee definition
PFS Employee means an employee of Milton Roy, LLC or Haskel International, LLC.
U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.
Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).
Transferred Employee has the meaning set forth in Section 6.01(a).
SpinCo Employee has the meaning set forth in the Employee Matters Agreement.
Inactive Employee means an employee who is not actively at work due to approved leave of absence, short-term disability leave or military leave.