Offer Employee definition

Offer Employee has the meaning set forth in Section 6.5(b).
Offer Employee means each employee who is employed by the Company or its Affiliates (other than a SpinCo Group Member or a Direct Sale Transferred Subsidiary) and is providing at least 80% of such employee’s business services in support of the Tiger Business, provided such employee is not an Automatically Transferring Tiger Employee.
Offer Employee means a Business Employee who is employed by Seller or an Affiliate of Seller other than an Acquired Company.

Examples of Offer Employee in a sentence

  • Not later than thirty (30) days prior to the anticipated date of Closing (or such greater period as required by applicable Law), Buyer shall or shall cause one of its Affiliates to offer employment with Buyer or one of its Affiliates to each then-current Offer Employee, commencing as of the Closing on the terms set forth in this Article VI.

  • Any Offer Employee who has been offered and accepted employment with Buyer or one of its Affiliates in accordance with the foregoing and who goes on Leave after such acceptance but prior to the Closing Date or the TSA End Date, as applicable shall remain an employee of Seller or its Affiliate and shall continue to receive compensation and benefits from Seller or its Affiliate until such Offer Employee is able to return to regularly scheduled work.

  • Parent and its Affiliates shall reasonably cooperate with Purchaser and its Affiliates with respect to (x) their offer of employment to each Offer Employee made pursuant to this Section 7.1(a) or Section 7.1(b) and (y) continuing the employment with Purchaser and its Affiliates after the Closing Date of each Business Employee who, immediately prior to the Closing Date is employed by a Purchased Company.

  • Notwithstanding the foregoing, to the extent permitted by applicable Law, if an applicable work permit for an Offer Employee is not in place with Purchaser or its affiliate as of the Closing, such Offer Employee shall be treated as an Inactive Employee hereunder in accordance with Section 5.6(n).

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More Definitions of Offer Employee

Offer Employee means Employee, other than a Transferred FH Company Employee, to whom the Transfer Regulations do not apply.
Offer Employee means each Current Business Employee who is not a Transferred DPC Company Employee or Joint Venture Employee.
Offer Employee means each Business Employee who is not a Transferred Entity Employee or an Automatic Transfer Employee.
Offer Employee has the meaning set forth in Section 4.4(c).
Offer Employee has the meaning set forth in the Employee Matters Agreement.
Offer Employee has the meaning set forth in Section 10.1(a).
Offer Employee means any Business Employee who is not, or as of immediately prior to Closing will not be, an employee of a Purchased Entity and whose contract of employment does not automatically transfer to Purchaser or any of its Affiliates as a result of the Transaction pursuant to the Transfer Regulations or other applicable Law.