Selected Employee definition

Selected Employee means an Employee, Consultant, Director, or Non-Employee Director who has been selected by the Committee to receive an Award under the Plan.

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Selected Employee means those highly compensated and/or highly qualified employees of the Company as are eligible to be selected by the Committee for awards under this Plan, as determined by the Committee from time to time.

Selected Employee shall have the meaning set forth in Section 4.4.1.

Examples of Selected Employee in a sentence

• Seller shall advise Buyer within three (3) Business Days (or one (1) Business Day in the case of any Selected Employee) of learning, after the date hereof, of any employee of Seller who intends to cancel or otherwise terminate his or her relationship with Seller.

• Purchaser shall offer employment to each Selected Employee to become an employee of the Company or a subsidiary of Purchaser effective as of the Closing Date.

• Each Selected Employee will be covered under the Employee Plans of Buyer available to other employees of Buyer who are employed in similar categories of employment.

• Purchaser’s job offers shall provide for hourly rates of pay or annual base salaries, as applicable, in amounts no less than those in effect for each Selected Employee as of the date of this Agreement, and for benefits no less beneficial in the aggregate than benefits offered by Purchaser to similarly situated employees of Purchaser.

• While Seller will cooperate with Buyer to assist Buyer to hire and retain the services of all Selected Employees, Buyer acknowledges and agrees that the Selected Employee has the final decision whether to transfer with the Business and the failure of one or more Selected Employee(s) to accept an offer of employment from Buyer shall not be deemed to be a breach of this Agreement.

More Definitions of Selected Employee

Selected Employee means any Employee selected by the Committee to receive an offer of options in accordance with the terms of this Plan.

Selected Employee means an Employee who has been selected by the Committee to receive an Award under the Plan.

Selected Employee means each of the employees of Universal as of the Closing who immediately prior to the Closing was an employee of GCSI and is designated by Universal as a Selected Employee under this Plan.

Selected Employee means an Employee who accepts an employment offer and becomes an employee of Heritage GP or Service Corp., as the case may be.

Selected Employee means any one of those Employees individually.

Selected Employee has the meaning set forth in Section 6.4(d).

Selected Employee means employees of the Group selected to participate in the Schemes (including directors and chief executives)