Common use of Non-U.S. Plans Clause in Contracts

Non-U.S. Plans. Notwithstanding any provision of this Agreement to the contrary other than as set forth in Section 3.1, Section 3.5 or Section 3.7, the treatment of each Xxxxxxx Benefit Arrangement and Veralto Benefit Arrangement that is maintained primarily in respect of individuals who are located outside of the United States (together, the “Non-U.S. Plans”) shall be subject to the terms and conditions set forth in the applicable Conveyancing and Assumption Instrument; provided that if the treatment of any such Non-U.S. Plan is not specifically covered by such Conveyancing and Assumption Instrument, then unless otherwise agreed by the Parties, (i) Veralto shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Veralto Employees, Veralto Independent Contractors and Former Veralto Service Providers, whenever incurred, (ii) Xxxxxxx shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Xxxxxxx Employees, whenever incurred, and (iii) the Parties shall agree on the extent to which any Assets held in respect of such Non-U.S. Plans shall be transferred to Veralto.

Appears in 4 contracts

Samples: Employee Matters Agreement (Danaher Corp /De/), Employee Matters Agreement (Veralto Corp), Employee Matters Agreement (Veralto Corp)

AutoNDA by SimpleDocs

Non-U.S. Plans. Notwithstanding any provision of this Agreement to the contrary other than as set forth in Section 3.1, this Section 3.5 or Section 3.71.1, the treatment of each Xxxxxxx Fortive Benefit Arrangement and Veralto Vontier Benefit Arrangement that is maintained primarily in respect of individuals who are located outside of the United States (together, the “Non-U.S. Plans”) shall be subject to the terms and conditions set forth in the applicable Conveyancing and Assumption Instrument; provided that if the treatment of any such Non-U.S. Plan is not specifically covered by such Conveyancing and Assumption Instrument, then unless otherwise agreed by the Parties, (i) Veralto Vontier shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Veralto Vontier Employees, Veralto Vontier Independent Contractors and Former Veralto Vontier Service Providers, whenever incurred, (ii) Xxxxxxx Fortive shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Xxxxxxx Fortive Employees, whenever incurred, and (iii) the Parties shall agree on the extent to which any Assets held in respect of such Non-U.S. Plans shall be transferred to VeraltoVontier.

Appears in 2 contracts

Samples: Employee Matters Agreement (Fortive Corp), Employee Matters Agreement (Vontier Corp)

Non-U.S. Plans. Notwithstanding any provision of this Agreement to the contrary other than as set forth in this Section 3.1, Section 3.5 3.4 or Section 3.71.1, the treatment of each Xxxxxxx Enovis Benefit Arrangement and Veralto ESAB Benefit Arrangement that is maintained primarily in respect of individuals who are located outside of the United States (together, the “Non-U.S. Plans”) shall be subject to the terms and conditions set forth in the applicable Conveyancing and Assumption Instrument; provided that if the treatment of any such Non-U.S. Plan is not specifically covered by such Conveyancing and Assumption Instrument, then unless otherwise agreed by the Parties, (i) Veralto ESAB shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Veralto ESAB Employees, Veralto ESAB Independent Contractors and Former Veralto ESAB Service Providers, whenever incurred, (ii) Xxxxxxx Enovis shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Xxxxxxx Enovis Employees, whenever incurred, and (iii) the Parties shall agree on the extent to which any Assets held in respect of such Non-U.S. Plans shall be transferred to VeraltoESAB.

Appears in 2 contracts

Samples: Employee Matters Agreement (Enovis CORP), Employee Matters Agreement (ESAB Corp)

Non-U.S. Plans. Notwithstanding any provision of this Agreement to the contrary other than as set forth in Section 3.1, Section 3.5 3.6 or Section 3.73.8, the treatment of each Xxxxxxx Benefit Arrangement and Veralto Envista Benefit Arrangement that is maintained primarily in respect of individuals who are located outside of the United States (together, the “Non-U.S. Plans”) shall be subject to the terms and conditions set forth in the applicable Conveyancing and Assumption Instrument; provided that if the treatment of any such Non-U.S. Plan is not specifically covered by such Conveyancing and Assumption Instrument, then unless otherwise agreed by the Parties, (i) Veralto Envista shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Veralto Envista Employees, Veralto Envista Independent Contractors and Former Veralto Envista Service Providers, whenever incurred, (ii) Xxxxxxx shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Xxxxxxx Employees, whenever incurred, and (iii) the Parties shall agree on the extent to which any Assets held in respect of such Non-U.S. Plans shall be transferred to VeraltoEnvista.

Appears in 2 contracts

Samples: Employee Matters Agreement (Envista Holdings Corp), Employee Matters Agreement (Envista Holdings Corp)

Non-U.S. Plans. Notwithstanding any provision of this Agreement to the contrary other than (except as set forth in Section 3.1, Section 3.5 or Section 3.7), the treatment of each Xxxxxxx Cummins Benefit Arrangement, Filtration Benefit Arrangement and Veralto GEO Benefit Arrangement that is maintained primarily in respect of individuals who are located outside of the United States (together, the “Non-U.S. Plans”) shall be subject to the terms and conditions set forth in the applicable Conveyancing and Assumption Instrument; provided that that, if the treatment of any such Non-U.S. Plan is not specifically covered by such Conveyancing and Assumption Instrument, then unless otherwise agreed by the Parties, (i) Veralto Filtration or the GEO shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Veralto Filtration Employees, Veralto Independent Contractors and Former Veralto Filtration Service Providers, whenever incurred, (ii) Xxxxxxx Cummins shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Xxxxxxx Cummins Employees, whenever incurred, and (iii) the Parties shall agree on the extent to which any Assets held in respect of such Non-U.S. Plans shall be transferred to VeraltoFiltration.

Appears in 1 contract

Samples: Employee Matters Agreement (Atmus Filtration Technologies Inc.)

Non-U.S. Plans. Notwithstanding any provision of this Agreement to the contrary other than (except as set forth in Section 3.1, Section 3.5 or Section 3.7), the treatment of each Xxxxxxx Cummins Benefit Arrangement, Filtration Benefit Arrangement and Veralto GEO Benefit Arrangement that is maintained primarily in respect of individuals who are located outside of the United States (together, the “Non-U.S. Plans”) shall be subject to the terms and conditions set forth in the applicable Conveyancing and Assumption Instrument; provided that that, if the treatment of any such Non-U.S. Plan is not specifically covered by such Conveyancing and Assumption Instrument, then unless otherwise agreed by the Parties, (i) Veralto Filtration or the GEO shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Veralto Filtration Employees, Veralto Independent Contractors and Former Veralto Filtration Service Providers, whenever incurred, (ii) Xxxxxxx Cummins shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Xxxxxxx Cummins Employees, whenever incurred, and (iii) the Parties shall agree on the extent to which any Assets held in respect of such Non-U.S. Plans shall be transferred to VeraltoFiltration .

Appears in 1 contract

Samples: Employee Matters Agreement (Atmus Filtration Technologies Inc.)

AutoNDA by SimpleDocs

Non-U.S. Plans. Notwithstanding any provision of this Agreement to the contrary other than as set forth in Section 3.1, Section 3.5 3.6 or Section 3.73.8, the treatment of each Xxxxxxx Benefit Arrangement and Veralto Fortive Benefit Arrangement that is maintained primarily in respect of individuals who are located outside of the United States (together, the “Non-U.S. Plans”) shall be subject to the terms and conditions set forth in the applicable Conveyancing and Assumption Instrument; provided that if the treatment of any such Non-U.S. Plan is not specifically covered by such Conveyancing and Assumption Instrument, then unless otherwise agreed by the Parties, (i) Veralto Fortive shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Veralto Fortive Employees, Veralto Fortive Independent Contractors and Former Veralto Fortive Service Providers, whenever incurred, (ii) Xxxxxxx shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Xxxxxxx Employees, whenever incurred, and (iii) the Parties shall agree on the extent to which any Assets held in respect of such Non-U.S. Plans shall be transferred to VeraltoFortive.

Appears in 1 contract

Samples: Employee Matters Agreement (Fortive Corp)

Non-U.S. Plans. Notwithstanding any provision of this Agreement to the contrary other than as set forth in Section 3.1, Section 3.5 or Section 3.7, the treatment of each Xxxxxxx Flex Benefit Arrangement and Veralto Nextracker Benefit Arrangement that is maintained primarily in respect of individuals who are located outside of the United States (together, the “Non-U.S. Plans”) shall be subject to the terms and conditions set forth in the applicable Conveyancing and Assumption Instrument; provided that if the treatment of any such Non-U.S. Plan is not specifically covered by such Conveyancing and Assumption Instrument, then unless otherwise agreed by the Parties, (i) Veralto Nextracker shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Veralto Nextracker Group Employees, Veralto Nextracker Group Independent Contractors and Former Veralto Nextracker Group Service Providers, whenever incurred, (ii) Xxxxxxx Flex shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Xxxxxxx Flex Employees, whenever incurred, and (iii) the Parties shall agree on the extent to which any Assets held in respect of such Non-U.S. Plans shall be transferred to Veraltoto, or in respect of, Nextracker.

Appears in 1 contract

Samples: Employee Matters Agreement (Nextracker Inc.)

Non-U.S. Plans. Notwithstanding any provision of this Agreement to the contrary other than as set forth in Section 3.1, Section 3.5 or Section 3.71.1, the treatment of each Xxxxxxx Fortive Benefit Arrangement and Veralto Vontier Benefit Arrangement that is maintained primarily in respect of individuals who are located outside of the United States (together, the “Non-U.S. Plans”) shall be subject to the terms and conditions set forth in the applicable Conveyancing and Assumption Instrument; provided that if the treatment of any such Non-U.S. Plan is not specifically covered by such Conveyancing and Assumption Instrument, then unless otherwise agreed by the Parties, (i) Veralto Vontier shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Veralto Vontier Employees, Veralto Vontier Independent Contractors and Former Veralto Vontier Service Providers, whenever incurred, (ii) Xxxxxxx Fortive shall fully perform, pay and discharge all obligations of the Non-U.S. Plans relating to Xxxxxxx Fortive Employees, whenever incurred, and (iii) the Parties shall agree on the extent to which any Assets held in respect of such Non-U.S. Plans shall be transferred to VeraltoVontier.

Appears in 1 contract

Samples: Employee Matters Agreement (Vontier Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.