Common use of Vacation, Holidays and Leaves of Absence Clause in Contracts

Vacation, Holidays and Leaves of Absence. Effective as of no later than the Effective Time, the Adient Group shall assume all Liabilities of the Xxxxxxx Controls Group with respect to vacation, holiday, annual leave, or other leave of absence, and required payments related thereto, for each Adient Group Employee who is a U.S. Employee. The Xxxxxxx Controls Group shall retain all Liabilities with respect to vacation, holiday, annual leave or other leave of absence, and required payments related thereto, for each Xxxxxxx Controls Group Employee who is a U.S. Employee.

Appears in 5 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement, Employee Matters Agreement (Adient LTD)

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