Common use of Allocation of Responsibilities as Employer; Assumption of Employment-Related Liabilities Clause in Contracts

Allocation of Responsibilities as Employer; Assumption of Employment-Related Liabilities. At the Business Transfer Time SpinCo or the applicable member of the SpinCo Group shall retain or assume, as the case may be, responsibility as employer of the SpinCo Employees. In addition, at the Business Transfer Time, SpinCo shall retain or assume all Liabilities related to the employment or retention of SpinCo Employees and Former SpinCo Employees, except as specifically provided herein, including Liabilities for any Employment Claim with respect to a SpinCo Employee or Former SpinCo Employee.

Appears in 4 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Cogint, Inc.), Employee Matters Agreement (Red Violet, Inc.)

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