Transfer of Employment Relationships Sample Clauses

Transfer of Employment Relationships. 1. The parties acknowledge that employment relationships existing with the Seller and attributable to the Business together with all rights and obligations arising therefrom are on the Effective Date transferred to the Purchaser pursuant to Section 613a of the German Civil Code (Burgerliches Gesetzbuch). 2. The employment relationships transferred to the Purchaser are listed in Attachment 4.2 to this Agreement. -------------- 3. Any compensation and or social security or tax payment related to the transferred employment relationships for January 2002 shall still be handled and paid by the Seller. 4. In the event the Purchaser has to terminate any of the employees listed in Attachment 4.2, then the Seller shall indemnify the Purchaser for the -------------- Termination Costs of up to 3 of the transferred employees. "Termination Costs" in this Article 4 shall mean the costs resulting from any settlement payment based on the employee's service prior to the Effective Date plus any reasonable legal fees (attorney and court fees) in case of a legal dispute in connection with the termination of the employee.
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Transfer of Employment Relationships. The Company shall complete any employee, labor union, labor organization or works council notice and consultation obligations, and undertake to obtain any required consent, approval or opinion therefrom.
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Transfer of Employment Relationships. The Parties agree that the employment relationships of Poland Employees existing with MSTR Poland, together with all rights and obligations arising therefrom, will transfer to the Polish Buyer by operation of law, pursuant to Article 23l of the Polish Labor Code (“Article 23(1)” of the “Polish Labor Code”). The date of such transfer, which shall be after the Closing Date, is referred to herein as the “Undertaking Transfer Date.” The Parties agree that the employment relationships transferring to the Polish Buyer under Article 23 (1) are those existing with (A) the persons who are Poland Employees as of the date of this Agreement and those Poland Employees hired by MSTR Poland between the date of this Agreement and Undertaking Transfer Date in accordance with the Polish Labor Code in the normal course of business and (B) excluding any Poland Employees whose employment relationships with MSTR Poland will be terminated effective before the Undertaking Transfer Date (after exclusion, collectively, the “Polish Transferring Employees”).
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Transfer of Employment Relationships. (1) The parties agree that on the Closing Date the employment relationships with the Seller which are attributable to the Business and are listed in EXHIBIT 6 hereto shall transfer to the Purchaser pursuant to Section 613 a of the German Civil Code [BGB] together with all rights and duties. (2) Together with the employment relationships of the working employees the obligations existing for these employees as of the Closing Date under the company pension scheme as listed in EXHIBIT 7 hereto shall transfer to the Purchaser. (3) Any obligations attributable to the Business under current benefits of the company pension scheme as listed in EXHIBIT 7 shall be transferred to the Purchaser. The Purchaser undertakes toward the Seller to hold the Seller harmless against any claims under such current benefits. (4) The Purchaser undertakes to take over, effective as of the Closing Date, the works agreement attached hereto as EXHIBIT 8 and to ensure the rights resulting for the employees therefrom. (5) The Purchaser further undertakes to grant to the employees taken over by it the Company's bonuses and perquisites granted to the employees so far and listed in EXHIBIT 9 hereto also after the Closing Date. (6) The Purchaser shall be obligated to join, effective as of the Closing Date, the Chemical Industry's basic collective agreement as attached in EXHIBIT 10. (7) It is agreed that the employees taken over by the Purchaser will still be represented by the Seller's workers' council until the employees taken over elect their own workers' council after the Closing Date.
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Related to Transfer of Employment Relationships

  • EMPLOYMENT RELATIONSHIPS The ORGANIZATION, its employees, volunteers or agents performing under this Agreement are not deemed to be employees of the COUNTY, nor volunteers or agents of the COUNTY in any manner whatsoever. No officer, employee, volunteer or agent of the ORGANIZATION will hold themselves out as, or claim to be, an officer, employee, volunteer or agent of the COUNTY by reason hereof, nor will they make any claim, demand or application to or for any right or privilege applicable to an officer, employee volunteer or agent of the COUNTY. The parties agree that the COUNTY will not be responsible for the payment of any industrial insurance premiums or related claims or other benefits that may arise during the performance of services under this Agreement for any ORGANIZATION employee or volunteer, or for any consultant’s, contractor’s or subcontractor’s employee(s) or agent(s) that has been retained by the ORGANIZATION.

  • Transfer of Employment Notwithstanding any other provision ---------------------- herein to the contrary, the Company shall cease to have any further obligation or liability to the Executive under this Agreement if (a) the Executive's employment with the Company terminates as a result of the transfer of his employment to any other Affiliate of the Corporation, (b) this Agreement is assigned to such other Affiliate, and (c) such other Affiliate expressly assumes and agrees to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no assignment had taken place. Any Affiliate to which this Agreement is so assigned shall be treated as the "Company" for all purposes of this Agreement on or after the date as of which such assignment to the Affiliate, and the Affiliate's assumption and agreement to so perform this Agreement, becomes effective.

  • Termination of Employment Relationship Your employment is terminable -------------------------------------- at will. That means that your employment relationship with Cardinal may be terminated by either party at any time, for any reason or no reason at all, subject to the notice provision addressed below. (a) Cardinal may terminate your employment for Cause effective immediately upon written notice. In the event that Cardinal terminates your employment for Cause, you will be entitled to earned and unpaid base salary and payment for any earned and unused vacation days through the last date of your employment.

  • Employment Relationship Employment with the Company is for no specific period of time. Your employment with the Company will be “at will,” meaning that either you or the Company may terminate your employment at any time and for any reason, with or without cause. Any contrary representations that may have been made to you are superseded by this letter agreement. This is the full and complete agreement between you and the Company on this term. Although your job duties, title, compensation and benefits, as well as the Company’s personnel policies and procedures, may change from time to time, the “at will” nature of your employment may only be changed in an express written agreement signed by you and a duly authorized officer of the Company (other than you).

  • Employment Relations Except as set forth in Schedule 5.21: (a) The Company has been and is in compliance in all material respects with all applicable Laws respecting employment and employment practices, terms and conditions of employment and wages and hours; (b) The Company has not been and is not engaged in any unfair labor practice and no unfair labor practice complaint against the Company is pending before the National Labor Relations Board; (c) There is no labor strike, dispute, slowdown or stoppage actually pending or, to the knowledge of the Seller, threatened against or involving the Company and since January 1, 2002, the Company has not experienced any labor strike or material concerted labor dispute; (d) No union is currently certified, and there is no union representation question and, to the knowledge of the Seller, no union or other organizational activity that would be subject to the National Labor Relations Act (20 U.S.C. 151 et seq.) existing or threatened with respect to the Company; (e) The Company is not subject to or bound by any collective bargaining or labor union agreement applicable to any Person employed by the Company, and no collective bargaining or labor union agreement is currently being negotiated by the Company; (f) The Company has not experienced any material labor difficulty or work stoppage since January 1, 2002; (g) The Company has no Equal Employment Opportunity Commission charges or other claims of employment discrimination pending or, to the knowledge of the Seller, threatened against the Company; (h) To the knowledge of the Seller, no wage and hour department investigation has been made of the Company since January 1, 2002; (i) There are no occupational health and safety claims pending or, to the knowledge of the Seller, threatened against the Company or that relate to its business or property; (j) Since January 1, 2002, the Company has not (i) engaged in layoffs or employment terminations sufficient in timing and number to constitute (A) a "mass layoff" (as defined in the Worker Adjustment and Retraining Notification Act ("WARN")) or (B) an "employment loss" (as defined in WARN) or (ii) effected a "plant closing" (as defined in WARN) affecting any site of employment or one or more facilities or operating units within any site of employment or facility of the Company; the Company has not been affected by any transaction or engaged in layoffs or employment terminations sufficient in number to trigger application of any similar Law; (k) The Company is not a governmental contractor for purposes of any federal, state or local Law.

  • Transfer of Employees At least three (3) regular work days' notice shall be given to the Union and the employees before workers are transferred from one reporting headquarters to another reporting headquarters. Upon failure to give three (3) days' notice, as stated above, the Employer shall pay one (1) additional day's subsistence for each day notice is not given, as defined in paragraph 5.2 to the existing shop headquarters. Where such penalty is applicable, it shall be based upon the headquarters from which the employee is being transferred. The notice of transfer required by this Section to be given to the Union shall be in writing to the Local Union's Business Office. The postmark date of such letter shall govern compliance. If the transfer is the result of the employee's request made through his/her Xxxxxxx or if no Xxxxxxx is available, the Business Representative, the reimbursement shall be waived.

  • At-Will Employment Relationship Executive’s employment with the Company is at-will and not for any specified period and may be terminated at any time, with or without Cause or advance notice, by either Executive or the Company. Any change to the at-will employment relationship must be by specific, written agreement signed by Executive and an authorized representative of the Company. Nothing in this Agreement is intended to or should be construed to contradict, modify or alter this at-will relationship.

  • No Employment Relationship Whether or not any Options are to be granted under this Plan shall be exclusively within the discretion of the Plan Administrator, and nothing contained in this Plan shall be construed as giving any person any right to participate under this Plan. The grant of an Option shall in no way constitute any form of agreement or understanding binding on the Company or any Related Company, express or implied, that the Company or any Related Company will employ or contract with an Optionee, for any length of time, nor shall it interfere in any way with the Company’s or, where applicable, a Related Company’s right to terminate Optionee’s employment at any time, which right is hereby reserved.

  • TERMINATION OF EMPLOYMENT CONTRACT This employment contract may be terminated by: A. Mutual agreement of the parties. B. The Facilities Manager may terminate this employment contract upon sixty (60) days written notice to the Board or the Superintendent, as the case may be.

  • EMPLOYMENT RELATIONSHIP PROBLEMS What is an Employment Relationship Problem?

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