Common use of Right to Offer Employment Clause in Contracts

Right to Offer Employment. (a) Employees. Schedule 12.1 of the SSI Disclosure Letter contains a --------- ------------- preliminary list (the "PRELIMINARY List") of each Contributed Company employee or consultant and each other employee or consultant of SSI, STI or the Group Business who works in, or provides services in connection with, the Group Business or any of the Group Assets (each an "EMPLOYEE"). Within twenty (20) days prior to the Effective Time, SSI shall deliver to Newco a final list of the Employees (the "FINAL LIST"), which list shall identify those Employees who are active Employees of the Group Business as of that date, including those on vacation, sick leave, disability leave, family leave or personal leave of absence or who work full or part time, and which shall separately identify those Employees who are on a workers' compensation-related or disability leave. The Final List shall contain, with respect to each Employee, a true and accurate list of all locations at which Employees are working as of such date, together with the date of hire, location of employment, years of employment or service, current annual base salary or base wage, and of all other compensation arrangements for such Employees, including bonuses or other compensation arrangements. For purposes of this Agreement, "EMPLOYEES" means only those individuals (whether employees or consultants) included on such Final List.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Seagate Technology Inc), Agreement and Plan of Reorganization (Seagate Technology Inc)

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Right to Offer Employment. (a) Employees. Schedule 12.1 of the SSI Disclosure Letter contains a --------- ------------- a preliminary list (the "PRELIMINARY ListLIST") of each Contributed Company employee or consultant and each other employee or consultant of SSI, STI or the Group Business who works in, or provides services in connection with, the Group Business or any of the Group Assets (each an "EMPLOYEE"). Within twenty (20) days prior to the Effective Time, SSI shall deliver to Newco a final list of the Employees (the "FINAL LIST"), which list shall identify those Employees who are active Employees of the Group Business as of that date, including those on vacation, sick leave, disability leave, family leave or personal leave of absence or who work full or part time, and which shall separately identify those Employees who are on a workers' compensation-related or disability leave. The Final List shall contain, with respect to each Employee, a true and accurate list of all locations at which Employees are working as of such datethe date hereof, together with the date of hire, location of employment, years of employment or service, current annual base salary or base wage, and of all other compensation arrangements for such Employees, including bonuses or other compensation arrangements. For purposes of this Agreement, "EMPLOYEES" means only those individuals (whether employees or consultants) included on such Final Listfinal list.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Seagate Software Inc), Agreement and Plan of Reorganization (Seagate Technology Inc)

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