Common use of Resources Employees Clause in Contracts

Resources Employees. In the event it is determined that the local law applicable to any Non-U.S. Optionee requires a different treatment, REI and Resources shall take such steps as is required to comply with local law or may cash-out those Options that cannot reasonably be conformed.

Appears in 3 contracts

Samples: Employee Matters Agreement (Reliant Resources Inc), Employee Matters Agreement (Reliant Energy Resources Corp), Employee Matters Agreement (Reliant Resources Inc)

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Resources Employees. In the event it is determined that the local law applicable to any Non-U.S. Optionee requires a different treatment, REI and Resources shall take such steps as is required to comply with local law or may cash-out those Options that cannot reasonably be conformedconverted.

Appears in 1 contract

Samples: Employee Matters Agreement (Reliant Resources Inc)

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