Acquired Business Employee definition

Acquired Business Employee means each of the employees of any member of the Target Group.
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Acquired Business Employee shall have the meaning set forth in Section 3.21(a).
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Acquired Business Employee means an Employee who is employed by an Acquired Business on the date of its acquisition by an Employer.
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Examples of Acquired Business Employee in a sentence

  • No Employer Entity has misclassified an Acquired Business Employee as a non-employee with respect to Tax withholding or provision of benefits.

  • There are, and as of the Closing Date there will be, no compensation, benefit, fringe benefit and other plans, programs, arrangements or agreements (i) to which any Employer Entity is a party or (ii) that are maintained, contributed to or sponsored by any Employer Entity for the benefit of any current or former Acquired Business Employee (the “Plans”).

  • Each such employee who accepts such employment as of the Closing shall be referred to herein as a "Transferred Employee." MPAN, MHG, and Sellers shall not, directly or indirectly, from the date hereof solicit or induce any Acquired Business Employee (other than the Excluded Employees) to not accept or to terminate employment with Purchaser.

  • No Taxes or penalties have been imposed or could be reasonably expected to be imposed on any current or former Acquired Business Employee or other service provider of any Group Company, and no acceleration of Taxes has occurred or could be reasonably expected to occur with respect to any current or former Acquired Business Employee or other service provider, in each case, as a result of a failure to comply with Section 409A of the Code.

  • Seller makes no representation or warranty and provides no assurance that any Acquired Business Employee will remain employed by Seller until the Effective Time (or, in the event of an Escrowed Closing, the Closing Escrow Termination Date) or that any such person will accept an offer of employment from Purchaser.

  • A religious group may conduct worship services and rituals and teach religion to its members with proper notification to authorities.

  • All employees of the Purchasing Department shall be required to sign annual disclosure statements with respect to Purchasing Conflicts of Interest.

  • All equity or equity-based incentive awards in Carlisle or any of its Affiliates that are held by any Acquired Business Employee who is not a party to a Transaction Bonus Letter are or will be fully vested and not subject to forfeiture at or prior to the Closing.

  • No founder, current or former shareholder, officer, director or Acquired Business Employee has any ownership interest in any material Owned IP, or has excluded any Intellectual Property Rights from their Employee IP Agreement except as required by applicable Law or with respect to Intellectual Property Rights developed prior to their engagement by the Acquired Business.

  • To Sellers’ knowledge, no Acquired Business Employee is (i) bound by or otherwise subject to any Contract restricting him or her from performing his or her duties, or (ii) in breach of any Contract with any former employer or other Person concerning Intellectual Property Rights or confidentiality due to his or her activities as an Acquired Business Employee.

Related to Acquired Business Employee

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

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

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Acquired Business means the entity or assets acquired by Borrower in an Acquisition, whether before or after the date of this Agreement.

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

  • Group Business Entity means;

  • 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).

  • Company Employee means any current or former employee, independent contractor or director of the Company or any Company Affiliate.

  • Target Group means the Target and its Subsidiaries.

  • Seller Employee Plan means any plan, program, policy, practice, Contract or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written, unwritten or otherwise, funded or unfunded, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA (whether or not ERISA is applicable to such plan), that is or has been maintained, contributed to, or required to be contributed to, by the Seller or any Seller Affiliate for the benefit of any Seller Employee, or with respect to which the Seller or any Seller Affiliate has or may have any liability or obligation, except such definition shall not include any Seller Employee Agreement.

  • 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.

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

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.

  • 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 Employee has the meaning set forth in Section 6.1.6.

  • Covered Business means (A) during the term, any business in which the Company is engaged and (B) after the Term, any business in which the Company was engaged as of the end of the Term.

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

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

  • Excluded Employees shall have the meaning set forth in Section 5.1.2.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • SpinCo Employee means any individual who, as of the Effective Time, is employed by or will be employed by Spinco or any member of the Spinco Group, including active employees and employees on vacation and approved leave of absence (including maternity, paternity, family, sick leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, short- or long-term disability leave, leave under the Family Medical Leave Act and other approved leave).

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Specified Business means a business of a kind prescribed by the regulations to be a specified business; tenant, in relation to a lease, means the person who, under the lease, is or would be entitled to occupy the premises the subject of the lease; Tribunal means the State Administrative Tribunal;