Transferor Employees definition

Transferor Employees as defined in Section 6.1(b).

Examples of Transferor Employees in a sentence

At any time prior to the First Closing, Transferee shall provide a list of the Transferor Employees to whom the Transferee intend to extend offers of employment commencing on the Second Closing, which list shall be attached as Schedule 5.06.

An Active Employer Staff Employee who loses eligibility as a result of a catastrophic illness may qualify as a Transferee Employee eligible for Dollar Bank transfers from Transferor Employees subject to the above conditions and limitations provided the Active Employer Staff Employee who loses eligibility under section 2.3(d)(vi) is ineligible for a Dollar Bank transfer.(c) T ransfer to Participant’s Immediate Family.

Following the Closing, the Partnership shall provide Transferor and its officers, agents, and employees with reasonable access during regular business hours to all books and records described in Section 1.1(a)(6) above, in order that Transferor may meet its obligations with respect to Transferor Employees, file claims and cost reports, pursue appeals, meet its obligations in connection with the Excluded Liabilities and its other obligations hereunder, and fulfill other lawful purposes.

The Partnership acknowledges and agrees that it shall make offers of employment to all Transferor Employees (as defined herein) as of the Closing Date.

Transferor shall use reasonable best efforts to assist the Partnership in its employment of the Transferor Employees.

It is agreed that contracts of employment of the Tenant Transferor Employees will (save in so far as such contract relates to any occupational pension scheme) have effect after the Cessation Date as if originally made between the Incoming Service Provider and the Tenant Transferor Employees.

All Transferor Employees who have contributed to the creation or development for Transferor of any Transferred IP have executed and delivered to Transferor written agreements pursuant to which such individuals have assigned to Transferor all their rights in and to all Transferred IP they may conceive, reduce to practice, create or otherwise develop in the course of their employment or engagement with Transferor, and, to Transferor’s Knowledge, no party thereto is in breach or default of any such Contract.

The parties should include the language in brackets if they agree that the Settlement Price may be adjusted to account for Local Taxes.

Related to Transferor Employees

Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.
Continuing Employees has the meaning set forth in Section 6.10(a).
Transferred Employees shall have the meaning set forth in Section 5.5(a).
Servicer Employees The meaning ascribed thereto in Section 4.12.
Company Employees has the meaning set forth in Section 5.5(a).
Business Employees shall have the meaning set forth in Section 5.4(a).
Transferred Employee has the meaning set forth in Section 6.3(a).
Retained Employees has the meaning set forth in Section 6.6(a).
Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.
Former Employees means all individuals who have been employed by the Sellers (or any of their predecessors) who are not Current Employees.
Continuing Employee has the meaning set forth in Section 6.6(a).
Designated Employees shall have the meaning assigned thereto in Section 7.1.
Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.
Returning Employees means those persons listed in a schedule to be agreed by the Parties prior to the end of the Contract Period who it is agreed were employed by the Contractor (and/or any Sub-Contractor) wholly or mainly in the supply of the Services immediately before the end of the Contract Period.
Servicer Employee As defined in Section 3.18.
Key Employees means key officers or employees as set forth in Exhibit C hereto.
Hired Employees shall have the meaning set forth in Section 3.9(a).
Owner-Employee means a sole proprietor who owns the entire interest in the Employer or a partner (or member in the case of a limited liability company treated as a partnership or sole proprietorship for federal income tax purposes) who owns more than ten percent (10%) of either the capital interest or the profits interest in the Employer and who receives income for personal services from the Employer.
Business Employee has the meaning set forth in Section 5.11(a).
Inactive Employees means those Business Employees who, as of the Closing Date, are not actively at work including by reason of long-term disability, short-term disability or other continuous absence;
Retained Employee means a Full-time Employee currently employed by the Company who continues to be employed during the term of this Agreement whose job duties are directly and substantially related to the Project. For purposes of this definition, “directly and substantially related to the Project” means at least two- thirds (2/3) of the employee’s job duties must be directly related to the Project and the employee must devote at least two-thirds (2/3) of his or her time to the Project. The term “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.
Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.
Current Employees means all individuals employed by Sellers as of the day before the Closing Date, whether active or not (including those on short-term disability, leave of absence, paid or unpaid, or long-term disability).
Excluded Employees means, any employee of the Seller, the LIN Companies or their respective Affiliates whose principal work location is not either or both of the Stations or whose employment responsibilities relate substantially to the corporate operations of the Seller or Other Seller Stations, in each case as of immediately prior to the Closing, and the employees denoted on Schedule 3.11(b) as “Excluded Employees”.
Company Employee has the meaning set forth in Section 3.12(a).
Management Company Employee means an individual employed by a Person providing management services to the Company which are required for the ongoing successful operation of the business enterprise of the Company, but excluding a Person engaged in Investor Relations Activities;