Terminating Employees definition

Terminating Employees has the meaning set forth in Section 6.9(b).
Sample 1Sample 2
Terminating Employees means the employees of the Company and its Subsidiaries set forth on Schedule 6.11, and employees of the Company and its Subsidiaries who otherwise voluntarily terminate their employment with the Company prior to the Effective Time, or otherwise as a consequence of the Merger.
Sample 1
Terminating Employees has the meaning specified in Clause 3.1.
Sample 1

Examples of Terminating Employees in a sentence

  • Neither Newco nor its Affiliates shall have any other obligations, or any Liabilities, other than as set forth in this Section 2.7, relating to or with respect to any Employees, Terminating Employees or Former Employees under the NLRA.

  • The Parties shall cooperate to develop a transition process under the Corporate Offering for Terminating Employees and Customer shall remain responsible for payments to PeoplePC related to such Employee through the end of any applicable Employee Service Term (notwithstanding termination of employment or this Agreement) until such transition is completed.

  • Customer shall cause the Connectivity Vendor to terminate Internet Connectivity Services for Terminating Employees.

  • Notwithstanding the foregoing, the failure of Acquiror to assume the Target Options held by Terminating Employees will result in the cancellation of such Target Options.

  • Such personnel reductions shall be made in consultation with Buyer; provided, however, that through the Closing Date, Seller shall retain final decision-making authority with respect to such reductions, provided further that if, after consulting with Buyer, and only upon Buyer’s advice and suggestion, if Seller decides that any individual termination is not warranted, in each such case, the number of required Terminating Employees shall be reduced correspondingly.

  • The Company agrees to use its best efforts to negotiate a separation agreement and general release ("Release") with each Company employee not offered continuing employment by Parent (the "Terminating Employees") on terms and conditions that are acceptable to Parent, Company and each Terminating Employee.

  • In case any of the Terminating Employees or any relevant authority or entity in The Peoples Republic of China (including but not limited to tax and labor authorities, social welfare funds, insurance companies) makes any claim against Alpharma other than a claim stemming from the period subsequent to the Effective Date, Hisun shall defend and hold harmless Alpharma in all respects and without any limitation.

  • Xxxxxxxx xxt: Benefits Summary for Terminating Employees Executive Supplement for Terminating Employees --------------------------------------------------- AGREED TO AND ACCEPTED BY: /s/ WILLXXX X.

  • M.02 VESTING: Notwithstanding anything contained to the contrary in Article VII(2), each employee who's position is being eliminated from the AmerUs Group Tax Compliance department as a result of the E&Y partnership, shall be fully vested in his Account balance effective on the Terminating Employee's termination date with the AmerUs Group.

  • Parent shall provide the Company with a list of the Continuing Employees, Terminating Employees, Key Employees and the RSU Employees (and their respective allocations) as soon as practicable, but in any case no later than thirty (30) calendar days prior to the Closing Date.


More Definitions of Terminating Employees

Terminating Employees means the employees of Wet Products GmbH whose employment is terminated between Closing and January 31, 2004.
Sample 1
Terminating Employees means employee(s) of the Company set forth on Section 1.6(a)(xl) of the Disclosure Schedule.
Sample 1
Terminating Employees means each of the Employees set forth on Schedule 1.6(d) hereto.
Sample 1
Terminating Employees means employee(s) of the Company and any of its Subsidiaries who are not offered or who do not accept employment (whether as a Continuing Employee or as a Transitional Employee) by Parent or any of its subsidiaries prior to the Effective Time.
Sample 1

Related to Terminating Employees

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

  • Returning Employees means those persons listed in a schedule to be agreed by the Parties prior to the end of the Contract Period who it is agreed were employed by the Contractor (and/or any Sub-Contractor) wholly or mainly in the supply of the Services immediately before the end of the Contract Period.

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

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

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

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

  • Continuing Employee has the meaning set forth in Section 6.7(a).

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

  • Separated employees means persons who separate from

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

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Transferring Employees means employees of the Incumbent Contractor who are wholly or mainly assigned to work in the provision of the Service and who are subject of a Relevant Transfer to the Contractor by virtue of the application of the TUPE Regulations.

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

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

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

  • 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.

  • Excluded Employees means those employees listed on Schedule 1.1(w);

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • Managing Employee means a general manager, business manager, administrator, director, or other individual who exercises operational or managerial control over, or who directly or indirectly conducts the day-to-day operation of an institution, organization, or agency.

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • 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.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

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

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).