Shared Function Employees Clause Samples

Shared Function Employees. 11.1.1 The Parties agree to delete Article 10.2 of the MSPA and replace it with the following: “Purchaser has agreed that it or its relevant Affiliates extend employment offers to each of the shared function employees (employees of Seller or its Affiliates who have worked for the Business but not primarily so) set forth on Annex 10.2(a) (collectively, the "Transferred Shared Function Employees") and each such Transferred Shared Function Employee shall be considered a Business 164658-4-510-v12.0 42-40571665 LA\3961404.12