EMPLOYEES AND STAFF. 8.1 Upon the effectiveness of this Scheme and with effect from the Effective Date, TAISPL undertakes to engage, without any interruption in service, all employees of the Demerged Company engaged in or in relation to the Demerged Undertaking, on terms and conditions no less favourable than those on which they are engaged by the Demerged Company. TAISPL undertakes to continue to abide by any agreement / settlement or arrangement entered into or deemed to have been entered into by the Demerged Company with any of the aforesaid employees or union representing them. TAISPL agrees that the services of all such employees with the Demerged Company prior to the demerger shall be taken into account for the purposes of all existing benefits to which the said employees may be eligible, including for the purpose of payment of any retrenchment compensation, gratuity and other retiral / terminal benefits.
8.2 The accumulated balances, if any, standing to the credit of the aforesaid employees in the existing provident fund, gratuity fund and superannuation fund of which they are members, as the case may be, will be transferred respectively, together with the asset balances of the respective funds, to such provident fund, gratuity fund and superannuation funds nominated by TAISPL and/or such new provident fund, gratuity fund and superannuation fund to be established in accordance with Applicable Law and caused to be recognized by the Appropriate Authorities, by TAISPL. Pending the transfer as aforesaid, the provident fund, gratuity fund and superannuation fund dues of the said employees would be continued to be deposited in the existing provident fund, gratuity fund and superannuation fund respectively of the Demerged Company. With effect from the Appointed Date and up to and including the Effective Date, the Demerged Company shall not vary the terms and conditions of employment of any of the employees of the Demerged Company pertaining to the Demerged Undertaking except in the Ordinary Course of Business or without the prior consent of the Board of Directors of TAISPL or pursuant to any pre-existing obligation undertaken by the Demerged Company.
8.3 With effect from the Appointed Date and up to and including the Effective Date, the Demerged Company shall not vary or modify the terms and conditions of employment of any of its said employees, except with the written consent of the Resulting Companies unless it is in the Ordinary Course of Business. However, the terms and co...
EMPLOYEES AND STAFF. Each Party will limit Personal Data access to:
(a) those employees who require Personal Data access to meet the each Party's respective obligations under this Agreement; and
(b) the part or parts of the Personal Data that those employees strictly require for the performance of their duties. Each Party will ensure that all employees who have access to or are involved in processing Personal Data:
(c) are informed of the Personal Data's confidential nature and use restrictions and are obliged to keep the Personal Data confidential;
(d) have undertaken training on the Privacy Laws relating to handling Personal Data and how it applies to their particular duties; and
(e) are aware their duties and their personal duties and obligations under the Privacy Laws and this Agreement. Each Party will take reasonable steps to ensure the reliability, integrity, and trustworthiness of any employee with access to the Personal Data.
