Common use of Administration, Employee Communications, Cooperation Clause in Contracts

Administration, Employee Communications, Cooperation. (a) Following the date of this Agreement, Logiq and Lova (and their Affiliates) will reasonably cooperate and use good faith efforts in all matters reasonably necessary to effect the transactions contemplated by this Article IV, including, (i) cooperating and providing each other with all necessary and reasonable assistance and information to ensure that any works councils or committees, trade unions and/or employee representatives applicable to the Non-US Continuing Employees are provided with the information required in order for proper consultation to take place and (ii) exchanging information and data, including reports prepared in connection with bonus plan participation and related data of Continuing Employees (other than individual bonus opportunities based on target bonus as a percentage of base salary), relating to workers’ compensation, employee benefits and employee benefit plan coverages, including information and data that is necessary to support or perform the compensation consultant process or that is otherwise reasonably requested in connection with the compensation consultant process (in each case, except to the extent prohibited by applicable Law or to the extent that such information and data relates to performance ratings or assessments or employees of Logiq and its Affiliates), making any and all required filings and notices, making any and all required communications with AppLogiq Employees and obtaining any Governmental Approvals required hereunder. (b) Between the date hereof and the Business Transfer Date, any communications between Lova and any employees of Logiq and its Affiliates regarding terms of employment, employee benefits or otherwise regarding employment with Lova will be conducted at the times and through processes approved by Logiq, such approval not to be unreasonably withheld. Such processes will provide adequate access to the AppLogiq Employees and allow all reasonable means of communication with such employees by Lova and its Subsidiaries; provided, however, that any communications with AppLogiq Employees or any other employees of Logiq or its Affiliates will be limited to (i) business operations and employee benefit matters relating to AppLogiq Employees, future organization design and staffing and (ii) the list (by name and/or title) of the AppLogiq Group management team previously provided by Logiq to Lova; provided, however, that Logiq may update such list from time to time in order to maintain the accuracy of such list, including as a result of terminations, transfers, new hires and accidental or inadvertent errors or omissions. (c) Without limiting Lova’s obligations under this Article IV with respect to the Continuing Employees, this Article IV will not prohibit Lova or any member of the AppLogiq Group from amending any employee benefit plan in which Lova’s employees participate.

Administration, Employee Communications, Cooperation. (a) Following the date of this Agreement, Logiq Tech and Lova Fuels (and their Affiliates) will reasonably cooperate and use good faith efforts in all matters reasonably necessary to effect the transactions contemplated by this Article IV, including, (i) cooperating and providing each other with all necessary and reasonable assistance and information to ensure that any works councils or committees, trade unions and/or employee representatives applicable to the Non-US Continuing Employees are provided with the information required in order for proper consultation to take place and (ii) exchanging information and data, including reports prepared in connection with bonus plan participation and related data of Continuing Employees (other than individual bonus opportunities based on target bonus as a percentage of base salary), relating to workers’ compensation, employee benefits and employee benefit plan coverages, including information and data that is necessary to support or perform the compensation consultant process or that is otherwise reasonably requested in connection with the compensation consultant process (in each case, except to the extent prohibited by applicable Law or to the extent that such information and data relates to performance ratings or assessments or employees of Logiq Tech and its Affiliates), making any and all required filings and notices, making any and all required communications with AppLogiq Fuels Employees and obtaining any Governmental Approvals required hereunder. (b) Between the date hereof and the Business Transfer Distribution Date, any communications between Lova Fuels and any employees of Logiq Tech and its Affiliates regarding terms of employment, employee benefits or otherwise regarding employment with Lova Fuels will be conducted at the times and through processes approved by LogiqTech, such approval not to be unreasonably withheld. Such processes will provide adequate access to the AppLogiq Fuels Employees and allow all reasonable means of communication with such employees by Lova Fuels and its Subsidiaries; provided, however, that any communications with AppLogiq Fuels Employees or any other employees of Logiq Tech or its Affiliates will be limited to (i) business operations and employee benefit matters relating to AppLogiq Fuels Employees, future organization design and staffing and (ii) the list (by name and/or title) of the AppLogiq Fuels Group management team previously provided by Logiq Tech to LovaFuels; provided, however, that Logiq Tech may update such list from time to time in order to maintain the accuracy of such list, including as a result of terminations, transfers, new hires and accidental or inadvertent errors or omissions. (c) Without limiting Lova’s Fuels’ obligations under this Article IV with respect to the Continuing Employees, this Article IV will not prohibit Lova Fuels or any member of the AppLogiq Fuels Group from amending any employee benefit plan in which Lova’s Fuels’ employees participate.

Administration, Employee Communications, Cooperation. (a) Following the date of this Agreement, Logiq Parent and Lova Acquiror (and their Affiliates) will reasonably cooperate and use good faith efforts in all matters reasonably necessary to effect the transactions contemplated by this Article IVV, including, (i) cooperating and providing each other with all necessary and reasonable assistance and information to ensure that any works councils or committees, trade unions and/or employee representatives applicable to the Non-US Continuing Employees are provided with the information required in order for proper consultation to take place and (ii) exchanging information and data, including reports prepared in connection with bonus plan participation and related data of Continuing Employees (other than individual bonus opportunities based on target bonus as a percentage of base salary), relating to workers’ compensation, employee benefits and employee benefit plan coverages, including information and data that is necessary to support or perform the compensation consultant process or that is otherwise reasonably requested in connection with the compensation consultant process (in each case, except to the extent prohibited by applicable Law or to the extent that such information and data relates to performance ratings or assessments or employees of Logiq Parent and its Affiliates), making any and all required filings and notices, making any and all required communications with AppLogiq Wimbledon Employees and obtaining any Governmental Approvals required hereunder. (b) Between the date hereof and the Business Transfer Closing Date, any communications between Lova Acquiror and any employees of Logiq Parent and its Affiliates regarding terms of employment, employee benefits or otherwise regarding employment with Lova Acquiror will be conducted at the times and through processes approved by LogiqParent, such approval not to be unreasonably withheld. Such processes will provide adequate access to the AppLogiq Wimbledon Employees and allow all reasonable means of communication with such employees by Lova Acquiror and its SubsidiariesAffiliates; provided, however, that any communications with AppLogiq Wimbledon Employees or any other employees of Logiq Parent or its Affiliates will be limited to (i) business operations and employee benefit matters relating to AppLogiq Wimbledon Employees, future organization design and staffing and (ii) the list (by name and/or title) of the AppLogiq Wimbledon Group management team previously provided by Logiq Parent to LovaAcquiror; provided, however, that Logiq Parent may update such list from time to time in order to maintain the accuracy of such list, including as a result of terminations, transfers, new hires and accidental or inadvertent errors or omissions. (c) Without limiting LovaAcquiror’s obligations under this Article IV V with respect to the Continuing Employees, this Article IV V will not (i) be treated as an amendment of, or undertaking to amend any employee benefit plan in which Acquiror’s employees participate, or (ii) prohibit Lova Acquiror or any member of its Affiliates (including the AppLogiq Group Wimbledon Group) from amending any employee benefit plan in which LovaAcquiror’s employees participate.

Administration, Employee Communications, Cooperation. (a) Following the date of this Agreement, Logiq Tech and Lova Fuels (and their Affiliates) will reasonably cooperate and use good faith efforts in all matters reasonably necessary to effect the transactions contemplated by this Article IVV, including, (i) cooperating and providing each other with all necessary and reasonable assistance and information to ensure that any works councils or committees, trade unions and/or employee representatives applicable to the Non-US Continuing Employees are provided with the information required in order for proper consultation to take place and (ii) exchanging information and data, including reports prepared in connection with bonus plan participation and related data of Continuing Employees (other than individual bonus opportunities based on target bonus as a percentage of base salary), relating to workers’ compensation, employee benefits and employee benefit plan coverages, including information and data that is necessary to support or perform the compensation consultant process or that is otherwise reasonably requested in connection with the compensation consultant process (in each case, except to the extent prohibited by applicable Law or to the extent that such information and data relates to performance ratings or assessments or employees of Logiq Tech and its Affiliates), making any and all required filings and notices, making any and all required communications with AppLogiq Fuels Employees and obtaining any Governmental Approvals required hereunder. (b) Between the date hereof and the Business Transfer Distribution Date, any communications between Lova Fuels and any employees of Logiq Tech and its Affiliates regarding terms of employment, employee benefits or otherwise regarding employment with Lova Fuels will be conducted at the times and through processes approved by LogiqTech, such approval not to be unreasonably withheld. Such processes will provide adequate access to the AppLogiq Fuels Employees and allow all reasonable means of communication with such employees by Lova Fuels and its Subsidiaries; provided, however, that any communications with AppLogiq Fuels Employees or any other employees of Logiq Tech or its Affiliates will be limited to (i) business operations and employee benefit matters relating to AppLogiq Fuels Employees, future organization design and staffing and (ii) the list (by name and/or title) of the AppLogiq Fuels Group management team previously provided by Logiq Tech to LovaFuels; provided, however, that Logiq Tech may update such list from time to time in order to maintain the accuracy of such list, including as a result of terminations, transfers, new hires and accidental or inadvertent errors or omissions. (c) Without limiting Lova’s Fuels’ obligations under this Article IV with respect to the Continuing Employees, this Article IV will not prohibit Lova Fuels or any member of the AppLogiq Fuels Group from amending any employee benefit plan in which Lova’s Fuels’ employees participate.

Administration, Employee Communications, Cooperation. (a) Following the date of this Agreement, Logiq Tech and Lova Automotive (and their Affiliates) will reasonably cooperate and use good faith efforts in all matters reasonably necessary to effect the transactions contemplated by this Article IV, including, (i) cooperating and providing each other with all necessary and reasonable assistance and information to ensure that any works councils or committees, trade unions and/or employee representatives applicable to the Non-US Continuing Employees are provided with the information required in order for proper consultation to take place and (ii) exchanging information and data, including reports prepared in connection with bonus plan participation and related data of Continuing Employees (other than individual bonus opportunities based on target bonus as a percentage of base salary), relating to workers’ compensation, employee benefits and employee benefit plan coverages, including information and data that is necessary to support or perform the compensation consultant process or that is otherwise reasonably requested in connection with the compensation consultant process (in each case, except to the extent prohibited by applicable Law or to the extent that such information and data relates to performance ratings or assessments or employees of Logiq Tech and its Affiliates), making any and all required filings and notices, making any and all required communications with AppLogiq Automotive Employees and obtaining any Governmental Approvals required hereunder. (b) Between the date hereof and the Business Transfer Distribution Date, any communications between Lova Automotive and any employees of Logiq Tech and its Affiliates regarding terms of employment, employee benefits or otherwise regarding employment with Lova Automotive will be conducted at the times and through processes approved by LogiqTech, such approval not to be unreasonably withheld. Such processes will provide adequate access to the AppLogiq Automotive Employees and allow all reasonable means of communication with such employees by Lova Automotive and its Subsidiaries; provided, however, that any communications with AppLogiq Automotive Employees or any other employees of Logiq Tech or its Affiliates will be limited to (i) business operations and employee benefit matters relating to AppLogiq Automotive Employees, future organization design and staffing and (ii) the list (by name and/or title) of the AppLogiq Automotive Group management team previously provided by Logiq Tech to LovaAutomotive; provided, however, that Logiq Tech may update such list from time to time in order to maintain the accuracy of such list, including as a result of terminations, transfers, new hires and accidental or inadvertent errors or omissions. (c) Without limiting Lova’s Automotive’ obligations under this Article IV with respect to the Continuing Employees, this Article IV will not prohibit Lova Automotive or any member of the AppLogiq Automotive Group from amending any employee benefit plan in which Lova’s Automotive’ employees participate.