Transferred Hourly Employees definition

Transferred Hourly Employees shall have the meaning set forth in Section 11.2.
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Transferred Hourly Employees means the Transferred Employees who are classified by ANC as of the Separation Date as hourly paid employees.
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Transferred Hourly Employees means the hourly employees who are employed by Sellers in connection with the Business, immediately prior to Closing and identified on Schedule 4.2.A.
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Examples of Transferred Hourly Employees in a sentence

  • The term "Transferred Hourly Employees" shall have the meaning set forth in Section 11.2.

  • Purchaser shall pay and provide wages and benefits to all bargaining unit employees of the Business who accept employment with Purchaser and commence such employment on the day of Closing (the "Transferred Hourly Employees") in accordance with the terms of the applicable Collective Bargaining Agreement.

  • All salaried employees of the Business who accept employment with Purchaser and commence such employment as of Closing (the "Transferred Salaried Employees" and, together with the Transferred Hourly Employees, the "Transferred Employees") will be included in Purchaser's benefits plans applicable to such Employees and will be subject to Purchaser's employment policies.

  • Except as provided below, Buyer will provide Transferred Hourly Employees with such terms and conditions of employment as are provided under the terms of the applicable Collective Bargaining Agreement as of immediately prior to the Effective Time; provided, however, that to the extent that welfare benefits are provided to Hourly Employees pursuant to the Transition Service Agreement, Buyer will be deemed to be in compliance with the requirements of this sentence.

  • The parties acknowledge that Seller’s employee benefit plans currently require Transferred Hourly Employees who have satisfied the eligibility requirements for retiree medical benefits as of the Effective Time to elect retiree medical benefits upon their termination of employment with Seller.

  • Purchaser will provide legal services and administrative support to Transferred Hourly Employees ("Purchaser Legal Services Plan") through the UAW-GM Legal Services Plan for the duration of the UAW Agreement, including funding required by that Agreement.

  • Seller shall cause all Transferred Hourly Employees to become 100% vested in their accrued benefits under any defined benefit plan maintained by Seller, and Buyer shall assume no liability under any such plan.

  • In addition, the payroll, benefits and payroll taxes relative to the Transferred Hourly Employees and the Transferred Salaried Employees shall be priced at actual cost paid or incurred by Continental.

  • Continental and PSF have identified approximately 55 Continental hourly employees ("Transferred Hourly Employees") who became employees of PSF as of the Effective Date.

  • The rights and benefits of Transferred Hourly Employees and their Beneficiaries (and of those claiming through or on behalf of such individuals) on and after the Spinoff Time shall be governed exclusively by the terms of this Plan.


More Definitions of Transferred Hourly Employees

Transferred Hourly Employees means Transferred Employees who are Hourly Employees immediately prior to the Effective Time.
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Related to Transferred Hourly Employees

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Hourly employee means an employee who is compensated on an hourly basis for each hour of work performed, including time worked beyond 40 hours in a workweek.

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

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

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

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Union Employees has the meaning set forth in Section 6.12(a).

  • Designated Employees means a person occupying any of the following position in the Company:

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • Current Employees has the meaning set forth in Section 5.6(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.

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

  • 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.

  • Hired Employees has the meaning set forth in Section 6.1(a).

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Part-Time Employees means employees employed on a permanent basis, but obligated to work less than a full (i.e., forty-hour) work week.

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Seller 401(k) Plan has the meaning set forth in Section 6(e) below.

  • 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.