Acquired Employee definition

Acquired Employee means any employee of a Miraclon Entity or Transferred Subsidiary.

Acquired Employee shall have the meaning set forth in Section 4.03(c).

Acquired Employee means an employee who was employed in the acquired business.

Examples of Acquired Employee in a sentence

• Within a reasonable period of time, but no less than thirty (30) days prior to the expected Closing Date or Deferred Closing Date, as applicable, Purchaser or its Affiliates, as applicable, shall offer employment on behalf of a Miraclon Entity to each Business Employee (other than any Automatic Transfer Employee or any Acquired Employee).

• Each Acquired Employee holding a title of “manager” or higher shall enter into a customary non-disclosure agreement, pursuant to which such Acquired Employee shall agree not to disclose to the Buyers any proprietary information of Sellers or their Affiliates with respect to the Excluded Businesses.

• An Acquired Employee whose employment is terminated ceases immediately to be an “Acquired Employee” for purposes of this Agreement.

• Nothing in this Section 6.2 shall restrict in any manner the right of Buyer or any Buyer Subsidiary to modify any compensation arrangement of any Acquired Employee for any reason at any time (in each case subject to the provisions of any written employment contracts).

• Each such plan shall grant credit to each Acquired Employee for all service prior to the Closing with the Company (including any predecessors) for vesting and eligibility purposes, but not for benefit accrual in any plan or for any purpose in the Company’s equity compensation plans, service awards or nonqualified deferred compensation plans.

More Definitions of Acquired Employee

Acquired Employee shall have the meaning given such term in Section 6.10.

Acquired Employee means any of them;

Acquired Employee means a person who, on the day immediately before becoming an Employee, was employed by a Former Employer.

Acquired Employee means a person who is employed by an Acquired Company at the time when such company becomes an Acquired Company and who becomes an employee of the Bank immediately thereafter. An Acquired Employee whose employment by the Bank terminates for any reason and who is subsequently re-employed by the Bank shall not be considered an Acquired Employee following such re-employment.

Acquired Employee means an individual who is employed (within the meaning of Section 3401 of the Code and the regulations thereunder) by an Acquired Company.

Acquired Employee has the meaning given in clause 14.3.

Acquired Employee means any employee of an Acquired Company who is classified as an Employee.