Common use of Employees on Leave Clause in Contracts

Employees on Leave. As of the Effective Time, Allegion shall assume and satisfy all Liabilities with respect to any Allegion Group Employee who is, as of the Effective Time, on vacation or other approved leave of absence, whether paid or unpaid (including leave under FMLA or corresponding state Law, disability, military leave and other approved leave, including Liabilities for salary continuation, paid leave or continuing Benefit Plans). Notwithstanding the foregoing, any individual residing in California who would have become an Allegion Group Employee as of the Effective Time but was on an approved leave of absence at the Effective Time shall become an Allegion Group Employee following the conclusion of his or her approved leave.

Appears in 4 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Ingersoll-Rand PLC), Employee Matters Agreement (Allegion PLC)

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