Required Employee definition
Examples of Required Employee in a sentence
A Participant may suspend Required Employee Contributions for a minimum period of: [ ] a.
For each $1.00 of either Elective Deferral Contributions or Required Employee Contributions, as selected above, the Employer will contribute and allocate to each Participant's Matching Contribution Account an amount equal to: [X] 1.
If a or b is elected, the minimum and maximum percentages must be within the parameters of the Elective Deferral election in Section X.A or the Required Employee Contribution election in Section X.B of this Adoption Agreement.
Graded based upon the dollar amount of each Participant's Elective Deferral Contributions or Required Employee Contributions as follows: _____% of the first $_____ plus _____% of the next $_____ plus _____% of the next $_____ plus _____% of the next $_____.
Graded based upon the dollar amount of each Participant"s Elective Deferral Contributions or Required Employee Contributions as follows: ________ % of the first $________ plus ________ % of the first $________ plus ________ % of the first $________ plus ________ % of the first $________.
Any press release or other public announcement by Purchaser that quotes any Required Employee will require the prior written consent of such employee (which may be by email) which consent will not be unreasonably withheld.
The recovery by Purchaser of the applicable Termination Liquidated Damage Amount from the funds on deposit in the Escrow Account is Seller’s sole liability and entire obligation and Purchaser’s exclusive remedy for the voluntary termination by the applicable Required Employee (other than for Good Reason or “without cause”, as applicable) before the applicable Initial Employment Term End Date.
Essex, on behalf of the Surviving Corporation, shall offer continued employment to each Required Employee and, as Surviving Corporation or Essex may elect in their sole discretion, to such other employees of the Company.
The Cash Consideration payable by Buyer at Closing shall be (X) reduced by the amount of such Required Employee Payments; (Y) added by the Cash Balance; provided that acceptance by Buyer of the Required Employee Payments Schedule and Cash Balance at Closing shall not limit or otherwise affect Buyer’s remedies under this Agreement, including Article VIII (Indemnification).
Graded based upon the dollar amount of each Participant's Elective Deferral Contribu- tions or Required Employee Contributions as follows: % of the first $ plus ---- ---- % of the first $ plus ---- ---- % of the first $ plus ---- ---- % of the first $ .