Examples of Former Company Employee in a sentence
Nothing in this Agreement shall be construed to grant any Company Employee or Former Company Employee a right to continued employment by, or to receive any payments or benefits from, Purchaser or Seller or their respective Affiliates or through any employee benefit plan.
The Executive agrees ---------------------------------- that, commencing on the date hereof and continuing through the period ending two years after the Effective Date, he will not, either directly or indirectly, solicit or divert any person employed by the Company ("Former Company Employee").
Except as otherwise provided in this Article III, no SpinCo Welfare Plan shall provide coverage to any Company Employee or Former Company Employee at any time and no Company Welfare Plan shall provide coverage to any SpinCo Employee or Former SpinCo Employee after the Distribution.
Furthermore, unless expressly provided for in this Agreement or required by applicable Law, no provision in this Agreement shall be construed to create any right to accelerate vesting distributions or entitlements under any Benefit Plan sponsored or maintained by a member of the Company Group or member of the SpinCo Group on the part of any Employee, Former SpinCo Employee or Former Company Employee.
The execution and delivery of each Transaction Document to which Buyer is a party and the performance of Buyer’s obligations contemplated thereby have been duly and validly approved by all limited liability company action necessary on behalf of Buyer.