Hired Employee Sample Clauses

Hired Employee. 6.1.1 ICGC..................................................................................... 3.1(c) Indemnified Party........................................................................ 8.2(d) Indemnifying Party....................................................................... 8.2(d) Intellectual Property.................................................................... 4.12(a) Lanigan Employment Agreement............................................................. 2.1.2(f) Lanigan Note Receivable.................................................................. 2.1.2(e) Licensed Intellectual Property........................................................... 4.12(c) Loss..................................................................................... 8.2(a) Material Adverse Effect.................................................................. 4.1(a) Material Contracts.......................................................................
View Source
Hired Employee. Any Inactive Employee who returns to active employment on or prior to the later of (i) the date that is six (6) months after the Closing Date or (ii) the latest date on which the Buyer would be required to rehire such Inactive Employee pursuant to applicable Law and who satisfies Buyer’s employment policies regarding employee documentation, drug testing, background screening, and other similar matters shall be considered a “Hired Employee” upon such Inactive Employee’s commencement of employment with Buyer. From the Closing Date through the date six (6) months following the Closing Date, Buyer shall not terminate any Hired Employee other than (i) for Cause or (ii) due to the occurrence of any material adverse change to the Business, and if any Hired Employee is terminated during the one (1) year period following the Closing Date other than for Cause or due to the occurrence of any material adverse change to the Business, Buyer will pay that Hired Employee an amount equal to the base salary that such Hired Employee would have earned during the remainder of the one (1) year period following the Closing Date (the “Severance Payment”) in lieu of any other severance payments, unless such Hired Employee has a contractual right (whether in such Hired Employee’s employment agreement with Affinity or in a change in control agreement between such Hired Employee and Affinity) as set forth on Section 6.05(a) of the Disclosure Schedules that provides for a greater benefit upon termination, in which case Buyer will pay the Hired Employee solely the benefits provided in accordance with such agreement as set forth on Section 6.05(a) of the Disclosure Schedules. For the avoidance of doubt, any termination payments described in the immediately preceding sentence that are made will be considered to be inclusive of any amounts due under the Worker Adjustment and Retraining Notification Act of 1988.
View Source
Hired Employee. Business Service Provider" shall mean any employee, officer, director, individual consultant or individual independent contractor of an Acquired Company or Seller or any of its Affiliates who provides services primarily to the Business. "CARES Act" means the Coronavirus Aid, Relief, and Economic Security Act (Pub. L. 116-136) and any administrative or other guidance published with respect thereto by any Governmental Authority, including any presidential memoranda or executive orders, relating to the COVID-19 pandemic, as well as any applicable guidance issued thereunder or relating thereto (including IRS Notice 2020-65, 2020-38 IRB) and any similar non-U.S. law. "Cash" shall mean an amount equal to, without duplication, cash and cash equivalents, including restricted cash. Notwithstanding the previous sentence, Cash shall (a) be decreased by an Acquired Company's issued but uncleared checks and drafts and (b) include uncleared checks and drafts received or deposited for the account of such party. "Closing Conditions" shall mean the conditions to the respective obligations of the parties to consummate the Transactions, as set forth in Article X. "Closing Date" shall mean the date of the Closing. "Code" shall mean the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. "Confidentiality Agreement" shall mean the confidentiality agreement between ▇▇▇▇▇▇▇▇▇▇▇ and ▇▇▇▇ Capital Special Situations, LP, dated September 17, 2024. "Consent" shall mean any consent, approval or authorization. "Consolidated Return" shall mean any consolidated, combined, unitary or similar Tax Return that includes Seller or its Controlled Affiliates (other than the Acquired Companies), on the one hand, and any Acquired Company, on the other hand. "Contagion Event" shall mean the outbreak and ongoing effects of a contagious disease, epidemic or pandemic (including COVID-19).
View Source
Hired Employee. Buyer shall have no obligation to hire any other employees of Seller after the Closing Date.
View Source
Hired Employee. Any AT&T System Employee who is offered and accepts employment by a Transferred Entity or is an employee of a Transferred Entity, in either case in accordance with Section 7.5.
View Source
Hired Employee. All Hired Employees shall be eligible to participate in the employee benefit plans, programs and policies, and fringe benefits of Purchaser on the same basis (after application of paragraph (c) below) as such plans, programs, policies and benefits are offered to similarly situated employees of Purchaser.
View Source
Hired Employee. Any System Employee who is offered and accepts employment by the Transferee or its Affiliate pursuant to Section 7.3.
View Source
Hired Employee. Any Inactive Employee who returns to active employment within six (6) months of the Closing Date, or such longer period as required by applicable Law, and who satisfies Buyer’s employment policies regarding employee documentation, drug testing, background screening, and other similar matters shall be considered a Hired Employee upon such Inactive Employee’s commencement of employment with Buyer, provided such date is within six (6) months of the Closing Date. Buyer and its Affiliates shall only be responsible for Liabilities relating to an Inactive Employee from and after the date such Inactive Employee becomes a Hired Employee. From the Closing Date through the first anniversary of the Closing Date, Buyer shall not terminate any Hired Employee other than (1) for Cause or (2) due to the occurrence of any material adverse change to the Business (including as a result of any Change in Healthcare Laws) during such twelve (12) month period.
View Source
Hired Employee 
View Source

Related to Hired Employee

  • Newly Hired Employees All employees hired to an insurance eligible position must make their benefit elections by their initial effective date of coverage as defined in this Article, Section 5C. Insurance eligible employees will automatically be enrolled in basic life coverage. If employees eligible for a full Employer Contribution do not choose a health plan administrator and a primary care clinic by their initial effective date, and do not waive medical coverage, they will be enrolled in a Benefit Level Two clinic (or Level One, if available) that meets established access standards in the health plan with the largest number of Benefit Level One and Two clinics in the county of the employee’s residence at the beginning of the insurance year. If an employee does not choose a health plan administrator and primary care clinic by their initial effective date, but was previously covered as a dependent immediately prior to their initial effective date, they will be defaulted to the plan administrator and primary care clinic in which they were previously enrolled.

  • Retired Employees An employee who retires from University service, at age 55 with five (5) years of service, age 50 with fifteen (15) years of service or at any age with thirty (30) years of service, who is eligible to maintain participation in the UPlan, may indefinitely maintain medical and dental coverage with the University at his/her own expense. Medicare coverage is primary for retirees over 65, and for totally disabled employees who qualify for Medicare, and must coordinate with the UPlan Retiree Medical plan options. If retired or totally disabled employees elect not to continue coverage in the UPlan at the time they leave employment, they may not elect to do so at a later date. (see also Section 5E.)

  • Disabled Employees If an employee becomes disabled with the result that he is unable to carry out the regular functions of his position, the Hospital may establish a special classification and salary with the hope of providing an opportunity of continued employment.

  • Continuing Employment (a) Continuing employment means full-time or fractional-time employment that does not have a fixed end date or a contingency upon which the employment contract will come to an end. (b) All employment other than fixed-term employment and casual employment will be continuing employment. (c) Notwithstanding subclause 16.0(b) above, the University may employ a person in Continuing (Contingent Funded Research) employment on a full-time or fractional-time basis in accordance with the terms of this Agreement.

  • New Employee (a) (i) Unless the Parties agree, in writing, to an extension of the probationary period, all Employees who work greater than twenty-four (24) hours per week shall be considered probationary for a period of up to three (3) calendar months following date of appointment to the University.