Trane Merger Employee definition

Trane Merger Employee means an Employee who became eligible to participate in the Prior Ingersoll Savings Plan solely on account of the merger of the Trane Savings Plan into such plan effective December 31, 2009 or a former Employee with an account balance under the Trane Savings Plan that was merged into the Prior Ingersoll Savings Plan effective December 31, 2009.
Sample 1
Trane Merger Employee means an Employee who became eligible to participate in the IR Plan solely on account of the merger of the Trane Savings Plan into the IR Plan effective December 31, 2009 or a former employee of Trane with an account balance under the Trane Savings Plan that was merged into the IR Plan effective December 31, 2009.
Sample 1
Trane Merger Employee means an Employee who becomes an Eligible Employee solely on account of the merger of the Trane Savings Plan into the Plan effective December 31, 2009 or a former Employee with an account balance under the Trane Savings Plan that is merged into the Plan effective December 31, 2009.
Sample 1

Examples of Trane Merger Employee in a sentence

  • A Trane Merger Employee shall be considered as separated due to a Permanent Shutdown only if the termination of his employment does not occur more than six (6) months before the date of such Permanent Shutdown.

  • A “Permanent Shutdown,” with respect to any Trane Merger Employee, means the sale or closing of a division or plant of an Affiliated Company or a complete department thereof.

  • This Section 3.1(b) shall not apply to any Participant who is a Trane Merger Employee.

  • The provisions of this Section 6.3 shall apply only to (i) the Accounts of Participants who participated in the SSIP and who terminated prior to January 1, 2003 and (ii) Trane Merger Employees who were not fully vested in their Trane ESOP Basic Account and in the case of a Trane Merger Employee who is receiving continued Service pursuant to a severance agreement, his Trane Pre-2010 Company Match Account.

  • A "Permanent Shutdown," with respect to any Trane Merger Employee, means the sale or closing of a division or plant of an Affiliated Company or a complete department thereof.

  • A Participant's interest in his Trane ESOP Basic Contribution Account and, in the case of a Trane Merger Employee who is receiving continued Service pursuant to a severance agreement, his Trane Pre-2010 Company Match Account, shall become fully vested after he completes three years of Service.

Related to Trane Merger Employee

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Shareholder-Employee means a Participant who owns more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation under the applicable Code Section.

  • SpinCo Employee means any individual who, immediately following the Distribution Date, will be employed by Spinco or any member of the Spinco Group in a capacity considered by Spinco to be common law employment, including active employees and employees on vacation and approved leaves of absence (including maternity, paternity, family, sick, short-term or long-term disability leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, and leave under the Family Medical Leave Act and other approved leaves).

  • Business Employee means any Person who is a present or former employee of Seller at any time prior to or on the Closing Date, and who provided or previously provided any services relating to the Business.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Parent Employee means, a current employee of Parent or any of its Subsidiaries.

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Former Employee means all individuals (including common law employees, independent contractors and individual consultants) who were employed or engaged by the Company in connection with the Business but who are no longer so employed or engaged on the date hereof.

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Separation Time means the close of business on the tenth Trading Day after the earlier of:

  • 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).

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Excluded Employee means an employee as defined in section 3527, subd. (b) of the Government Code (Ralph C. Dills Act) except those excluded employees who are designated managerial pursuant to section 18801.1 of the Government Code.

  • Separation Transaction means the sale or separation of the non-television business of the Holding Company in whole or in part, whether by asset sale or otherwise.

  • Inactive Employee means an employee who is not actively at work due to approved leave of absence, short-term disability leave or military leave.

  • Employee Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—

  • New Mexico Employee means any resident of the State of New Mexico employed by Contractor who performs the majority of the employee’s work for Contractor within the State of New Mexico, regardless of the location of Contractor’s office or offices; and

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Hired Employee has the meaning set forth in Section 6.1.6.