Common use of Transfer of Non-U.S. Retirement Plan Assets and Liabilities Clause in Contracts

Transfer of Non-U.S. Retirement Plan Assets and Liabilities. After a Lumentum Non-U.S. Retirement Plan is established in accordance with this Section 5.02, then, with respect to each of the countries or entities listed in SCHEDULE C, except as otherwise provided in this Agreement, the Assets and Liabilities determined as of the Transfer Date under the corresponding JDSU Non-U.S. Retirement Plan attributable to Lumentum Group Employees and Former Lumentum Group Employees who are participants in that plan, along with any other Assets and Liabilities that Lumentum agrees to assume with respect to such plan, shall be transferred to the applicable Lumentum Non-U.S.

Appears in 4 contracts

Samples: Employee Matters Agreement (Lumentum Holdings Inc.), Employee Matters Agreement (Viavi Solutions Inc.), Employee Matters Agreement (Lumentum Holdings Inc.)

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Transfer of Non-U.S. Retirement Plan Assets and Liabilities. After a Lumentum Non-U.S. Retirement Plan is established in accordance with this Section 5.02, then, with respect to each of the countries or entities listed in SCHEDULE C[β€”], except as otherwise provided in this Agreement, the Assets and Liabilities determined as of the Transfer Date under the corresponding JDSU Non-U.S. Retirement Plan attributable to Lumentum Group Employees and Former Lumentum Group Employees who are participants in that plan, along with any other Assets and Liabilities that Lumentum agrees to assume with respect to such plan, shall be transferred to the applicable Lumentum Non-U.S.

Appears in 1 contract

Samples: Employee Matters Agreement (Lumentum Holdings Inc.)

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