Treatment of Irish Share Plan. Effective as of the Distribution, Honeywell Employees shall cease actively participating in the Honeywell International Technologies Limited Employees Share Ownership Plan (the “Irish ESOP”) and the Honeywell Measurex (Ireland) Limited Group Employee Profit Sharing Scheme (the “Irish Profit Sharing Scheme”), and shall not be able to effectuate any additional share purchases thereunder. SpinCo shall retain or assume all Liabilities under the Irish ESOP and the Irish Profit Sharing Scheme.
Appears in 4 contracts
Samples: Employee Matters Agreement (Garrett Motion Inc.), Employee Matters Agreement (Garrett Motion Inc.), Employee Matters Agreement (Garrett Transportation Systems Inc.)
