Examples of El Paso Group in a sentence
DII will, or will cause the applicable El Paso Group member to, provide Communications Services for the Partnership Facilities, as necessary or appropriate to operate the Partnership Facilities in the manner in which such facilities had been operated prior to the date of this Agreement.
The Parties acknowledge that the El Paso Group or the EP Energy Group may provide administrative services for certain of the other Party’s benefit programs for a transitional period under the terms of the Transition Services Agreement.
Furthermore, unless expressly provided for in this Agreement, the Separation Agreement or in any Transaction Document or required by applicable Law, no provision in this Agreement shall be construed to create any right to accelerate vesting or entitlements to any compensation or Benefit Plan on the part of any El Paso Group Employee, EP Energy Group Employee or Former Employee.
All records and data in any form relating to EP Energy Group Employees shall be the property of the EP Energy Group, except that records and data pertaining to such an Employee and relating to any period that such Employee was (i) employed by any El Paso Entity or (ii) covered under any Benefit Plan sponsored by any El Paso Entity (to the extent that such records or data relate to such coverage) shall be jointly owned by the EP Energy Group and those El Paso Group Entities.
El Paso shall retain the obligations for all claims and Liabilities relating to workers’ compensation and unemployment compensation benefits for all El Paso Group Employees and Former Employees.
For the avoidance of doubt, a direct transfer of employment of any Employee from either the El Paso Group to the EP Energy Group or the EP Energy Group to the El Paso Group, either before or upon the Effective Time, shall not constitute a termination of employment or service under any El Paso Equity Plan or any award agreement adopted thereunder.
Following such consultation, the El Paso Compensation Committee shall determine the level of attainment and the nature and extent of any such adjustments in respect of such awards; provided in each case that such determinations and adjustments shall be made under the El Paso Annual Bonus Plans and the 2011 LTI Program in a manner reasonably consistent for both El Paso Group Employees and EP Energy Group Employees, as determined by the El Paso Compensation Committee in its sole discretion.
All information and records regarding employment, personnel and employee benefit matters of El Paso Group Employees and Former Employees shall be accessed, retained, held, used, copied and transmitted after the Distribution Date by members of the El Paso Group in accordance with all applicable Laws, policies and Privacy Contracts relating to the collection, storage, retention, use, transmittal, disclosure and destruction of such records.
EP Energy shall also be permitted to retain copies of all restrictive covenant agreements with any El Paso Group Employee or Former EP Energy Group Employee in which any EP Energy Entity has a valid business interest.
El Paso and EP Energy shall agree on methods and procedures to prevent El Paso Group Employees, EP Energy Group Employees and Former Employees from receiving duplicative benefits.