RBS NV Sample Clauses
RBS NV agrees to record all revenues and costs relating to the ID&JG Business separately in the ID&JG Cost Centre such that the ID&JG Business remains clearly identifiable from RBS NV’s other businesses consistent with past practice.
RBS NV shall not at any time during the term of this Schedule, induce or seek to induce or entice or seek to entice away from being employed or hired by ABN AMRO Bank upon Completion, any Relevant Employee. The placement of an advertisement in the public domain and the recruitment of a person through an employment agency shall not constitute a breach of this paragraph 10.3 provided that no member of RBS NV encourages or advises such agency to approach any Relevant Employee. Appointments to such role will be on terms and conditions of employment as appropriate to that role and that bank and terms and conditions will not be protected, and protection of continuity of service is at the discretion of RBS NV.
RBS NV accounts for any net proceeds of sales of assets forming part of the Retained Business (after satisfying any Liabilities of the Retained Business, including any arising out of or in connection with such sales, including, without limitation, professional costs and any Liabilities associated with any warranties or indemnities given in connection with such sale) to the Investors in the Consortium Proportions in accordance with Clause 15 and any Tax liabilities arising on such sales shall be dealt with in accordance with Part 9 of Schedule 1; and