Transferred Employees definition

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

Transferred Employees has the meaning set forth in Section 8.7(a)(i).

Transferred Employees shall have the meaning specified in Section 8.1.

Examples of Transferred Employees in a sentence

• Buyer and its Affiliates will be solely responsible for satisfying the continuation coverage complying with the requirements of Section 4980B of the Code for any Transferred Employees who are “M&A qualified beneficiaries” as such term is defined in Treasury Regulation Section 54.4980B-9.

• For purposes of determining eligibility and vesting under any employee benefit plan of Purchaser covering the Transferred Employees after Closing each Transferred Employee shall be credited with his or her years of service with the Company before the Closing to the same extent such service is recognized for such Transferred Employee under a corresponding Company Plan immediately prior to Closing.

• Furthermore, Purchaser agrees to use commercially reasonable efforts to maintain the Minneapolis Office and appropriate staffing levels to service Eligible Clients and consult with the Seller Members and their designees prior to terminating the employment of any Transferred Employees; provided, however, Purchaser maintains sole discretion on the decision to terminate the employment of any such Transferred Employee.

More Definitions of Transferred Employees

Transferred Employees shall have the meaning set forth in Section 5.13 hereof.

Transferred Employees has the meaning set forth in Section 9.1.

Transferred Employees as defined in Section 6.1(b).

Transferred Employees shall have the meaning given to such term in Section 7.6.

Transferred Employees means those Applicable Employees who accept offers of employment with Buyer.

Transferred Employees shall have the meaning set forth in Section 6.6(a).

Transferred Employees means Transferred Non-Union Employees and Transferred Union Employees.