Define: Number of Employees

How is Number of Employees defined in a legal contract?

• Number of Employees means the total count of employees, including part-time and subcontracted workers, who are employed to provide services under a certain contract during a specified period. Seen in 308 SEC filings.
• Number of Employees means the sum of annual labour units (ALU), where ALU represents the number of persons employed full time in one year. Those working part-time or employed in seasonal work are counted as fractions of an ALU. Seen in 18 SEC filings.
• Number of Employees means the number of employees allotted to engage in a specific task or project. Seen in 9 SEC filings.
• Number of Employees means the count of workers as submitted in an employer's report in accordance with certain regulations. Seen in 7 SEC filings.
• Number of Employees means the average employment across the domestic and foreign affiliates, calculated based on employment during all pay periods across the preceding twelve calendar months. Seen in 5 SEC filings.
• Number of Employees means the count of full-time and part-time workers engaged at a business site every regular working day during a calendar year. Seen in 4 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of number of employees' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Use Cases For Definition 1

• Number of Employees means the total count of full-time and part-time workers during a given period.

Relevant Contract Types

• Employment Contract
• Service Agreement
• Non-Disclosure Agreement
• Partnership Agreement
• Business Purchase Agreement

Relevant Circumstances

• During hiring processes
• When determining manpower for a project
• When verifying the size of a company for a potential partnership
• In regulatory reporting
• For business valuation purposes

Relevant Sectors

• Human Resources
• Management Consulting
• Legal Services
• Construction
• Healthcare Services

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