Transferred Salaried Employees definition

Transferred Salaried Employees has the meaning set forth in Section 8.3(a).
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Transferred Salaried Employees shall have the meaning set forth in Section 11.2.
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Transferred Salaried Employees means the Transferred Employees who are classified by ANC as of the Separation Date as salaried employees.
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Examples of Transferred Salaried Employees in a sentence

  • No Transferred Salaried Employee nor any spouse, former spouse or beneficiary under any of the Plans, or under any plan from time to time established by the Buyer for the benefit of the Transferred Salaried Employees, shall be entitled to assert any claim based on any of the provisions of this Agreement (including but not limited to this Article VIII) against either party to this Agreement (or any of its Affiliates).

  • Seller currently maintains employee long term disability and short term disability plans for eligible employees of GenCorp, including eligible Transferred Salaried Employees.

  • Seller currently maintains a vacation plan for eligible employees of GenCorp including eligible Transferred Salaried Employees.

  • The Committee noted that because plaintiffs, as Transferred Salaried Employees under the Ball purchase agreement, were offered and accepted continued employment as of the closing date of the sale of assets to Ball, “they suffered no actual termination of employment in any sense.” The Committee concluded that §19.11(f), which requires an “involuntary termination” of employment, did not apply to such transferred employees.

  • Seller currently maintains employee life insurance benefit plans for eligible active employees of GenCorp, including eligible Transferred Salaried Employees (the "Active Employee Life Insurance Plans").

  • 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.

  • This will place significant resource burden on industry as formulations for all oral dose forms will need to be checked to determine if sodium and potassium contents are declarable on the labels.

  • Notwithstanding the preceding sentence, Buyer shall recognize service completed by Transferred Salaried Employees while employed by Seller or an Affiliate of Seller for purposes of calculating any severance or vacation accrual benefits provided to Transferred Salaried Employees after the Effective Time.

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

  • Effective as of the Closing, Transferred Salaried Employees will cease to be eligible for benefits under the Separation Plan and Seller will have no obligation to make any payment or provide any benefits under the Separation Plan to Transferred Salaried Employees after the Closing.


More Definitions of Transferred Salaried Employees

Transferred Salaried Employees shall have the meaning set forth in Section 5.5(a).
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Transferred Salaried Employees has the meaning specified in Section 5.24(d) of the Agreement.
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Transferred Salaried Employees means Transferred Employees who are Salaried Employees immediately prior to the Effective Time.
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Transferred Salaried Employees means the salaried employees who are employed by Sellers in connection with the Business, immediately prior to Closing and identified on Schedule 4.1.A.
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Related to Transferred Salaried Employees

  • Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount constituting all or part of compensation. This base salary cannot be reduced because of variations in the quality or quantity of work performed.

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

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

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

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

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

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

  • Casual Employees means employees who are employed on a casual basis and includes persons who are employed for periods not exceeding five days at any one time.

  • Key Employees means each of the following individuals: Xxx Xxxxxxx, Xxxxx Xxxxxxxx, Xxxxx Xxxxxx and Xxxxx Xxxxxxx.

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

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • 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.

  • Public employees retirement system means the retirement plan and program

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

  • Excluded Employees has the meaning set forth in Section 2.5(a)(iv).

  • 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.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Health benefits plan means a benefits plan which pays or

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

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Protected Employees means employees of the Company who were employed by the Company at any time within six (6) months prior to the Determination Date.

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

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

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