Consultation with Labor Representatives; Labor Agreements. The Parties shall cooperate to notify, inform and/or consult with any labor union, works council or other labor representative regarding the Separation and Distributions to the extent required by Law or a Labor Agreement. No later than as of immediately before the Effective Time, Carrier shall have taken, or caused another member of the Carrier Group to take, all actions that are necessary (if any) for Carrier or another member of the Carrier Group to (a) assume any Labor Agreements in effect with respect to Carrier Group Employees and Former Carrier Group Employees (excluding obligations thereunder with respect to any Otis Group Employees, Former Otis Group Employees, UTC Group Employees or Former UTC Group Employees, to the extent applicable) and (b) unless otherwise provided in this Agreement, assume and honor any obligations of the UTC Group or Otis Group under any Labor Agreements as such obligations relate to Carrier Group Employees and Former Carrier Group Employees. No later than as of immediately before the Effective Time, Otis shall have taken, or caused another member of the Otis Group to take, all actions that are necessary (if any) for Otis or another member of the Otis Group to (a) assume any Labor Agreements in effect with respect to Otis Group Employees and Former Otis Group Employees (excluding obligations thereunder with respect to any Carrier Group Employees, Former Carrier Group Employees, UTC Group Employees or Former UTC Group Employees, to the extent applicable) and (b) unless otherwise provided in this Agreement, assume and honor any obligations of the UTC Group or Carrier Group under any Labor Agreements as such obligations relate to Otis Group Employees and Former Otis Group Employees. No later than as of immediately before the Effective Time, UTC shall have taken, or caused another member of the UTC Group to take, all actions that are necessary (if any) for UTC or another member of the UTC Group to (a) assume any Labor Agreements in effect with respect to UTC Employees and Former UTC Employees (excluding obligations thereunder with respect to any Carrier Group Employees, Former Carrier Group Employees, Otis Group Employees or Former Otis Group Employees, to the extent applicable) and (b) assume and honor any obligations of the Carrier Group or Otis Group under any Labor Agreements as such obligations relate to UTC Group Employees and Former UTC Group Employees.
Appears in 7 contracts
Samples: Employee Matters Agreement (Raytheon Technologies Corp), Employee Matters Agreement (Carrier Global Corp), Employee Matters Agreement (Otis Worldwide Corp)
Consultation with Labor Representatives; Labor Agreements. The Parties shall cooperate to notify, inform and/or consult with any labor union, works council or other labor representative regarding the Separation and Distributions to the extent required by Law or a Labor Agreement. No later than as of immediately before the Effective Time, Carrier SpinCo shall have taken, or caused another member of the Carrier SpinCo Group to take, all actions that are necessary (if any) for Carrier SpinCo or another member of the Carrier SpinCo Group to (a) assume any Labor Agreements in effect with respect to Carrier SpinCo Group Employees and Former Carrier SpinCo Group Employees (excluding obligations thereunder with respect to any Otis Group Employees, Former Otis Group Employees, UTC Parent Group Employees or Former UTC Parent Group Employees, to the extent applicable) ), and (b) unless otherwise provided in this Agreement, assume and honor any obligations of the UTC Group or Otis Parent Group under any Labor Agreements as such obligations relate to Carrier SpinCo Group Employees and Former Carrier SpinCo Group Employees. No later than as of immediately before the Effective Time, Otis Parent shall have taken, or caused another member of the Otis Parent Group to take, all actions that are necessary (if any) for Otis Parent or another member of the Otis Parent Group to (ai) assume any Labor Agreements in effect with respect to Otis Parent Group Employees and Former Otis Parent Group Employees (excluding obligations thereunder with respect to any Carrier SpinCo Group Employees, Former Carrier Group Employees, UTC Group Employees or Former UTC SpinCo Group Employees, to the extent applicable) and (bii) unless otherwise provided in this Agreement, assume and honor any obligations of the UTC Group or Carrier SpinCo Group under any Labor Agreements as such obligations relate to Otis Parent Group Employees and Former Otis Parent Group Employees. No later than as For the avoidance of immediately before the Effective Timedoubt, UTC shall have taken, or caused another any withdrawal liability that is imposed on any member of the UTC Parent Group at or after the Effective Time by a multiemployer pension plan and that relates to takethe obligation, all actions that are necessary (if any) for UTC or another cessation of the obligation, of a member of the UTC SpinCo Group to (a) assume any Labor Agreements in effect with respect contribute to UTC Employees and Former UTC Employees (excluding obligations thereunder with respect to any Carrier Group Employeessuch plan, Former Carrier Group Employees, Otis Group Employees or Former Otis Group Employees, to the extent applicable) and (b) assume and honor any obligations of the Carrier Group or Otis Group under any Labor Agreements as such obligations relate to UTC Group Employees and Former UTC Group Employeesshall be a SpinCo Liability.
Appears in 5 contracts
Samples: Employee Matters Agreement (Mdu Resources Group Inc), Employee Matters Agreement (Everus Construction Group, Inc.), Employee Matters Agreement (Knife River Holding Co)
Consultation with Labor Representatives; Labor Agreements. The Parties shall cooperate to notify, inform and/or consult with any labor union, works council or other labor representative regarding the Separation and Distributions to the extent required by Law or a Labor Agreement. No later than as of immediately before the Effective Time, Carrier Enhabit shall have taken, or caused another member of the Carrier Enhabit Group to take, all actions that are necessary (if any) for Carrier Enhabit or another member of the Carrier Enhabit Group to (a) assume any Labor Agreements in effect with respect to Carrier Enhabit Group Employees and Former Carrier Enhabit Group Employees (excluding obligations thereunder with respect to any Otis Group Employees, Former Otis Group Employees, UTC Encompass Group Employees or Former UTC Encompass Group Employees, to the extent applicable) and (b) unless otherwise provided in this Agreement, assume and honor any obligations of the UTC Group or Otis Encompass Group under any Labor Agreements as such obligations relate to Carrier Enhabit Group Employees and Former Carrier Enhabit Group Employees. No later than as of immediately before the Effective Time, Otis Encompass shall have taken, or caused another member of the Otis Encompass Group to take, all actions that are necessary (if any) for Otis Encompass or another member of the Otis Encompass Group to (a) assume any Labor Agreements in effect with respect to Otis Encompass Group Employees and Former Otis Encompass Group Employees (excluding obligations thereunder with respect to any Carrier Enhabit Group Employees, or Former Carrier Enhabit Group Employees, UTC Group Employees or Former UTC Group Employees, to the extent applicable) and (b) unless otherwise provided in this Agreement, assume and honor any obligations of the UTC Group or Carrier Group under any Labor Agreements as such obligations relate to Otis Group Employees and Former Otis Group Employees. No later than as of immediately before the Effective Time, UTC shall have taken, or caused another member of the UTC Group to take, all actions that are necessary (if any) for UTC or another member of the UTC Group to (a) assume any Labor Agreements in effect with respect to UTC Employees and Former UTC Employees (excluding obligations thereunder with respect to any Carrier Group Employees, Former Carrier Group Employees, Otis Group Employees or Former Otis Group Employees, to the extent applicable) and (b) assume and honor any obligations of the Carrier Group or Otis Enhabit Group under any Labor Agreements as such obligations relate to UTC Encompass Group Employees and Former UTC Encompass Group Employees.
Appears in 3 contracts
Samples: Employee Matters Agreement (Encompass Health Corp), Employee Matters Agreement (Enhabit, Inc.), Employee Matters Agreement (Enhabit, Inc.)