Examples of Transferred Employees in a sentence

Sellers will continue the Transferred Employees on the applicable Seller’s payroll until such time as Purchaser’s payroll is established and the Transferred Employees can be transferred to the payroll of Purchaser or one of its Affiliates, with the fees, costs and expenses (including Taxes) incurred or payable by Sellers in connection with such continuation of payroll to be reimbursed or paid by Purchaser (except that direct payroll costs and Taxes shall be pre-funded by Purchaser).
From and after the Closing, the Transferred Employees shall cease to be active participants in the Seller Benefit Plans that are not Purchased Entity Benefit Plans (collectively, the “Retained Seller Benefit Plans”).
Such U.S. Transferred Employees are referred to hereinafter as the “U.S.
The aggregate amount of retention payments to be made under the Retention Agreements shall be no less than One Million Five Hundred Thousand Dollars ($1,500,000), less any amounts forfeited by the Transferred Employees party to the Retention Agreements pursuant to the terms of such Retention Agreements.
Effective as of the Closing, Buyer shall, or shall cause one of its Affiliates to, assume all then-accrued, unused vacation and paid time off for Transferred Employees.

More Definitions of Transferred Employees

Transferred Employees shall have the meaning set forth in Section 9.6(b).

Transferred Employees has the meaning ascribed to it in Section 9.01(a).

Transferred Employees shall have the meaning given to such term in Section 7.6.

Transferred Employees as defined in Section 6.1(b).

Transferred Employees means those Applicable Employees who accept offers of employment with Buyer.

Transferred Employees shall have the meaning set forth in Section 6.6(a).

Transferred Employees means Transferred Non-Union Employees and Transferred Union Employees.