UpstreamCo Group Employees definition

UpstreamCo Group Employees shall have the meaning set forth in Section 3.01(a).
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UpstreamCo Group Employees means the “SpinCo Group Employees” as such term is defined in the Employee Matters Agreement.
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Examples of UpstreamCo Group Employees in a sentence

  • From and after the Operational Separation Date, (i) the Parent Savings Plans shall continue to be responsible for Liabilities in respect of Parent Group Employees and Former Parent Group Employees, and (ii) no UpstreamCo Group Employees or Former UpstreamCo Group Employees shall accrue any benefits under the Parent Savings Plans.

  • As of the Operational Separation Date, UpstreamCo shall, or shall cause a member of the UpstreamCo Group to, establish an UpstreamCo Welfare Plan that will provide health savings account benefits to UpstreamCo Group Employees on and after the Operational Separation Date (an “UpstreamCo HSA”).

  • During the time before such transfer, benefits for UpstreamCo Group Employees who terminate employment with the UpstreamCo Group shall be paid from the Parent Pension Trust.

  • Without limiting the generality of Section 4.04, effective as of the Operational Separation Date, the UpstreamCo Group shall assume any and all Liabilities to, or relating to, UpstreamCo Group Employees and Former UpstreamCo Group Employees in respect of severance and unemployment compensation, regardless of whether the event giving rise to the Liability occurred before, at or after the Operational Separation Date.

  • RSU Awards Held by UpstreamCo Group Employees and Former UpstreamCo Group Employees.

  • Service Provider shall provide Client with a copy of proof of at least $1,000,000.00 liability insurance and workers compensation insurance.

  • Without limiting the generality of the foregoing, UpstreamCo Group Employees or Former UpstreamCo Group Employees shall cease to be participants in the Parent Divided Pension Plans, effective as of the Operational Separation Date.

  • For the avoidance of doubt, the restrictions under this Section 3.02 shall not apply to Former Parent Group Employees or Former UpstreamCo Group Employees whose most recent employment with Parent and its Subsidiaries was terminated prior to the Operational Separation Date.

  • Effective as of the Operational Separation Date, the UpstreamCo Group shall assume all Liabilities relating to, arising out of or resulting from health and welfare coverage or claims incurred by or on behalf of UpstreamCo Group Employees or Former UpstreamCo Group Employees or their covered dependents under the Parent Welfare Plans or UpstreamCo Welfare Plans before, at, or after the Operational Separation Date.

  • From and after the Operational Separation, UpstreamCo Group Employees and Former UpstreamCo Group Employees shall cease to be participants in the Parent Divided Nonqualified Plans.

Related to UpstreamCo Group Employees

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • SpinCo Employee means any individual who, as of the Effective Time, is employed by or will be employed by Spinco or any member of the Spinco Group, including active employees and employees on vacation and approved leave of absence (including maternity, paternity, family, sick leave, qualified military service under the Uniformed Services Employment and Reemployment Rights Act of 1994, short- or long-term disability leave, leave under the Family Medical Leave Act and other approved leave).

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

  • Former Employees means a former member of management of Icahn Enterprises (or any of its Subsidiaries (including any Guarantors)), other than the Principal, who voluntarily or upon any other termination is no longer employed by any of Icahn Enterprises or any of its Subsidiaries (including any Guarantors) and who holds Equity Interests that are required to be redeemed or purchased pursuant to any contractual requirements upon such termination of employment.

  • Business Employees has the meaning set forth in Section 4.10(a).

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

  • SpinCo shall have the meaning set forth in the Preamble.

  • RemainCo shall have the meaning set forth in the Preamble.

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

  • 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.

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

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • Business Employee means any individual employed by Seller in or in connection with the Business.

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

  • Welfare Plans shall have the meaning set forth in Section 3.2.4.

  • Relevant Employees means the employees of the Contractor (including the Transferring Employees) who are wholly or mainly assigned to work in the provision of the Services and who are/will be the subject of a Relevant Transfer by virtue of the application of the TUPE Regulations.

  • Company Employee Plans has the meaning set forth in Section 3.12(a).

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

  • Other Employees means, all the employees other than the Directors, KMPs and the Senior Management Personnel.

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

  • Excluded Employees shall have the meaning set forth in Section 5.1.2.

  • 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.

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Union Employees has the meaning set forth in Section 6.12(a).

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