Vacation, Holidays and Leaves of Absence. Effective as of no later than the Effective Time, the Varex Group shall assume all Liabilities of the Varex Group with respect to vacation, holiday, annual leave or other leave of absence, and required payments related thereto, for each Varex Employee, unless otherwise required by applicable Law. 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 Employee.
Appears in 4 contracts
Samples: Employee Matters Agreement (Varian Medical Systems Inc), Employee Matters Agreement (Varex Imaging Corp), Employee Matters Agreement (Varex Imaging Corp)
