Otis Group Employees definition

Otis Group Employees has the meaning set forth in Section 3.01(a)(ii).
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Examples of Otis Group Employees in a sentence

  • Nothing in this Agreement shall preclude Otis, at any time after the Effective Time, from amending, merging, modifying, terminating, eliminating, reducing or otherwise altering in any respect any Otis Benefit Plan, any benefit under any Otis Benefit Plan or any trust, insurance policy or funding vehicle related to any Otis Benefit Plan, or any employment or other service arrangement with Otis Group Employees, independent contractors or vendors (to the extent permitted by Law).

  • On and after the Effective Time, Carrier Group Employees and Otis Group Employees shall cease to be participants in the UTC Pension Preservation Plan (Post-2005).

  • In no case shall Former Carrier Group Employees or Former Otis Group Employees receive any additional credit for service pursuant to this section.

  • Otis shall, or shall cause a member of the Otis Group, to establish the Otis Savings Plan and the Otis Puerto Rico Savings Plan (the Otis Puerto Rico Savings Plan together with the Otis Savings Plan, the “Otis Savings Plans”), tax qualified defined contribution plans, no later than as of the Effective Time for Otis Group Employees who participate in the UTC Savings Plan and Otis Puerto Rico Savings Plan, respectively, immediately prior to the Effective Time.

  • Carrier Group Employees and Otis Group Employees who actively participated in the UTC Pension Scheme immediately prior to the Effective Time shall participate in defined contribution pension plans made available by members of the Carrier Group or Otis Group, respectively, after the Effective Time.

  • On and after the Effective Time, Carrier Group Employees, Former Carrier Group Employees, Otis Group Employees, and Former Otis Group Employees shall cease to be participants in the UTC Bifurcated Deferred Compensation Plans.

  • Prior to the Effective Time, UTC shall provide Carrier with a list of Carrier Group Employees and Otis with a list of Otis Group Employees, in each case, who are participants in the UTC Retained Deferred Compensation Plans.

  • ForD Dthis reason, if there is any difference in the voltage measured across the passive layer upon changing the grounding position between A and B, then the sample is not used for measurements.If the voltage is dominated by the Coulomb drag voltage, then the voltage mea- sured in the passive layer is not significantly different when measured with either point A or point B grounded.

  • Following the Effective Time, no Carrier Group Employees or Otis Group Employees shall be credited with any additional service under the UTC (UK) Pension Scheme.

  • Any Liabilities incurred or paid by the UTC Group after the Effective Time under the UTC Welfare Plans with respect to Otis Group Employees or Former Otis Group Employees shall be subject to reimbursement, if applicable, by the Otis Group in accordance with Section 9.04.

Related to Otis Group Employees

  • SpinCo Employee has the meaning set forth in the Employee Matters Agreement.

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

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

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

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

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

  • Relevant Employees means the employees who may be affected by a change referred to in subclause (1).

  • 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.

  • Current Employees has the meaning set forth in Section 5.6(a).

  • Business Employee means any Person who is a present or former employee of Seller at any time prior to or on the Closing Date, and who provided or previously provided any services relating to the Business.

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

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

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.

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

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

  • Newly hired employee or “new hire” means any employee, whether permanent, full time, part time, hired by the District, and who is still employed as of the date of the new employee orientation. It also includes all employees who are or have been previously employed by the District 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 employee’s employee status changed such that the employee was placed in the CSEA unit.

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

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

  • 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.

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

  • Casual Employees are employed on an "on call" basis to cover absences due to sick leave, vacation, or other approved leaves, or to augment staff during peak periods or periods of staff shortage.

  • 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.

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • Excluded Employees has the meaning set out in Section 5.14(a);

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

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

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