Vacation, Holidays and Leaves of Absence. Effective as of the Operational Separation Date, the UpstreamCo Group shall assume all Liabilities of the Parent Group with respect to vacation, holiday, annual leave or other leave of absence, and required payments related thereto, for each UpstreamCo Group Employee. The Parent Group shall retain all Liabilities with respect to vacation, holiday, annual leave or other leave of absence, and required payments related thereto, for each Parent Group Employee.
Appears in 4 contracts
Samples: Employee Matters Agreement, Employee Matters Agreement (Alcoa Corp), Employee Matters Agreement (Arconic Inc.)
