2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 25 - Registered Corporations
2586 - Definitions.

     § 2586.  Definitions.
        The following words and phrases when used in this subchapter
     shall have the meanings given to them in this section unless the
     context clearly indicates otherwise:
        "Business combination transaction."  Any merger or
     consolidation, sale, lease, exchange or other disposition, in
     one transaction or a series of transactions, whether affecting
     all or substantially all the property and assets, including its
     good will, of the business operation that is the subject of the
     labor contract referred to in section 2587 (relating to labor
     contracts preserved in business combination transactions) or any
     transfer of a controlling interest in such business operation.
        "Control-share approval."  The term shall have the meaning
     specified in section 2581 (relating to definitions).
        "Covered labor contract."  Any labor contract if such
     contract:
            (1)  covers persons engaged in employment in this
        Commonwealth;
            (2)  was negotiated by a labor organization or by a
        collective bargaining agent or other representative;
            (3)  relates to a business operation that was owned by
        the registered corporation (or any subsidiary thereof) at the
        time of the control-share approval with respect to such
        corporation; and
            (4)  was in effect and covered such business operation
        and such employees at the time of such control-share
        approval.
        "Employee" and "employment in this Commonwealth."  The terms
     shall have the meanings specified in section 2581.
        "Subsidiary."  The term shall have the meaning specified in
     section 2552 (relating to definitions).

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