General Employee Provisions Sample Clauses

General Employee Provisions. (i) Seller and Buyer shall give any notices required by Legal Requirements and take whatever other actions with respect to the plans, programs and policies described in this Section 10.1 as may be necessary to carry out the arrangements described in this Section 10.1. (ii) Seller and Buyer shall provide each other with such plan documents and summary plan descriptions, employee data or other information as may be reasonably required to carry out the arrangements described in this Section 10.1. (iii) If any of the arrangements described in this Section 10.1 are determined by the IRS or other Governmental Body to be prohibited by law, Seller and Buyer shall modify such arrangements to as closely as possible reflect their expressed intent and retain the allocation of economic benefits and burdens to the parties contemplated herein in a manner that is not prohibited by law. (iv) Seller shall provide Buyer with completed I-9 forms and attachments with respect to all Hired Active Employees, except for such employees as Seller certifies in writing to Buyer are exempt from such requirement. (v) Buyer shall not have any responsibility, liability or obligation, whether to Active Employees, former employees, their beneficiaries or to any other Person, with respect to any employee benefit plans, practices, programs or arrangements (including the establishment, operation or termination thereof and the notification and provision of COBRA coverage extension) maintained by Seller.
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General Employee Provisions. (i) Seller and Buyer shall give any notices required by Legal Requirements and take whatever other actions with respect to the plans, programs and policies described in this Section 5.1 as may be necessary to carry out the arrangements described in this Section 5.1. (ii) Seller and Buyer shall provide each other with such plan documents and summary plan descriptions, employee data or other information as may be reasonably required to carry out the arrangements described in this Section 5.1. (iii) If any of the arrangements described in this Section 5.1 are determined by the IRS or other Governmental Body to be prohibited by law, Seller and Buyer shall modify such arrangements to as closely as possible reflect their expressed intent and retain the allocation of economic benefits and burdens to the parties contemplated herein in a manner that is not prohibited by law. (iv) Buyer shall not have any responsibility, liability or obligation, whether to Active Employees, former employees, their beneficiaries or to any other Person, with respect to any employee benefit plans, practices, programs or arrangements (including the establishment, operation or termination thereof and the notification and provision of COBRA coverage extension) maintained by Seller.
General Employee Provisions. (a) Seller shall, and Buyer shall cause Services Company to, give any notices required by law and take whatever other actions with respect to the plans, programs and policies described in this Article 5 as may be necessary to carry out the arrangements described in this Article 5. (b) Seller shall, and Buyer shall cause Services Company to, provide each other with such plan documents and descriptions, employee data or other information as may be reasonably required to carry out the arrangements described in this Article 5. (c) If any of the arrangements described in this Article 5 are determined by the Internal Revenue Service or other applicable Government Authority with competent jurisdiction, or by a court of competent jurisdiction, to be prohibited by law, Seller and Buyer and Service Company shall modify such arrangements to (as closely as possible) retain the intent and economic benefits and burdens of Seller and Buyer as reflected herein in a manner which is not prohibited by law. (d) In the event that Services Company hires any Remaining Employee within six months after he or she terminates employment with Seller, Buyer shall cause Services Company to notify Seller of such event and shall reimburse Seller for any severance pay paid by Seller to such Remaining Employee within ten business days after the date any such Remaining Employee is employed by Services Company. (e) Nothing herein express or implied by this Agreement shall (i) be construed to establish, amend or modify any benefit or compensation plan, program, agreement or arrangement of Seller, Buyer, Services Company or any of their respective Affiliates or (ii) constitute a limitation on or restriction against the right of Seller, Buyer, Services Company or any of their respective Affiliates to amend, modify or terminate any such plan, program, agreement or arrangement. (f) Subject to Buyer or Services Company having received the consent of applicable Prospective Employees, Seller agrees to provide to Buyer or Services Company person in charge dock training records and other training records as mutually agreed by the Parties with regard to such Prospective Employees.
General Employee Provisions. (i) Sellers and Buyers shall give any notices required by Legal Requirements and take whatever other reasonable actions with respect to the plans, programs and policies described in this Section 5.1 as may be reasonably necessary to carry out the arrangements described herein. (ii) Sellers and Buyers shall provide each other with such plan documents and summary plan descriptions, employee data or other information as may be reasonably required to carry out the arrangements described herein. (iii) If any of the arrangements described in this Section 5.1 are determined by the IRS or other Governmental Body to be prohibited by applicable Legal Requirement, Sellers and Buyers shall modify such arrangements to as closely as possible reflect their expressed intent and retain the allocation of economic benefits and burdens to the parties contemplated herein in a manner that is not prohibited by applicable Legal Requirement. (iv) Sellers shall provide Buyers with completed I-9 forms and attachments with respect to all Hired Active Employees, except for such employees exempt from such requirement.
General Employee Provisions. 1. Travel in District Employees will be reimbursed for authorized travel at the rate established by the Board.
General Employee Provisions. 46 Section 7.7.
General Employee Provisions. (i) Seller and Buyer shall give any notices required by Legal Requirements and take whatever other actions with respect to the plans, programs and policies described in this Section 6.1 as may be necessary to carry out the arrangements described in this Section 6.1.
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General Employee Provisions. (a) The Seller and the Buyer will give notices required by law and take whatever other actions with respect to the plans, programs and policies described in this Article 7 as may be reasonably necessary to carry out the arrangements described in this Article 7. (b) The Seller and the Buyer will provide each other with such plan documents and descriptions or other information as may be reasonably required to carry out the arrangements described in this Article 7. (c) If any of the arrangements described in this Article 7 are finally determined by the Internal Revenue Service or other applicable governmental authority, or by a court of competent jurisdiction, to be prohibited by law, the Seller and the Buyer will modify such arrangements to as closely as possible retain the intent and economic benefits and burdens of the parties as reflected herein in a manner which is not prohibited by law. (d) No provision of this Agreement will create any third party beneficiary rights to any person, including without limitation any Transferred Employee or any dependent of a Transferred Employee, in respect of continued employment or resumed employment, and no provision of this Agreement will create any third party beneficiary rights in any person, including without limitation any Transferred Employee or any dependent of a Transferred Employee, in respect of any employee benefit plan or arrangement or any other arrangement which may be maintained from time to time by the Buyer. (e) The Seller and the Buyer agree to utilize the "Alternative Procedure" provided in Section 5 of the Revenue Procedure 84-77, 1984-2 Cumulative Bulletin 753, as modified and superseded by Revenue Procedure 96-60, 1996 Cumulative Bulletin 399, with respect to filing and furnishing Internal Revenue Service Forms W-2, W-3, and 941.
General Employee Provisions. Seller shall give or cause to be given any notices required by Law, including, any notice required to be given under the WARN Act. Seller shall provide Buyer with completed I-9 forms and attachments with respect to all Transferred Employees, except for such Transferred Employees as Seller shall certify in writing to Buyer are exempt from such requirement.
General Employee Provisions. (a) Each of Seller and Buyer shall give any notices required by law and take whatever other actions with respect to the plans, programs and policies described in this Section 10.5 as may be necessary to carry out the arrangements described in this Section 10.5. Seller and Buyer shall provide each other with such plan documents and descriptions, employee data or other information as may be reasonably required to carry out the arrangements described in this Section 10.5. (b) If any of the arrangements described in this Section 10.5 are determined by the Internal Revenue Service or other applicable governmental authority, or by a court of competent jurisdiction, to be prohibited by law, Seller and Buyer shall modify such arrangements to (as closely as possible) retain the intent and economic benefits and burdens of the Parties as reflected herein in a manner which is not prohibited by law. (c) In the event that Buyer hires any Remaining Employee within six months after Closing, Buyer will notify Seller of such event and shall reimburse Seller for any severance pay paid by Seller to such Remaining Employee as a result of the transaction contemplated by this Agreement within three business days after the date they are employed by Buyer.
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