Examples of EMC Entity in a sentence
Any such individuals hired by EMC or an EMC Entity after the IPO Date shall be added from time to time to the list of EMC Transferees set forth in Schedule A hereto.
The provisions of this Section 6.01(b) do not grant VMware any rights to any data concerning EMC, any other EMC Entity or EMC’s business.
No provision of this Agreement or the Master Transaction Agreement shall be construed to (i) create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any future, present, or former employee of EMC, an EMC Entity, VMware, or a VMware Entity under any EMC Plan or VMware Plan or otherwise or (ii) to be for the benefit of or otherwise enforceable by employee, creditor or any other third party.
EMC and VMware shall share, EMC shall cause each applicable EMC Entity to share, and VMware shall cause each applicable VMware Entity to share, with each other and their respective agents and vendors (and without obtaining releases unless otherwise required by applicable law) all participant information necessary for the efficient and accurate administration of each of the EMC Plans and the VMware Plans.
This Agreement shall not be considered as an attempted assignment of any policy of insurance or as a contract of insurance and shall not be construed to waive any right or remedy of any EMC Entity in respect of any Insurance Policy or any other contract or policy of insurance.
Except as otherwise agreed to in writing by the Parties or as described in this Agreement, the Parties agree that the nature, quality, degree of skill and standard of care applicable to the delivery of the Services hereunder, and the skill levels of the EMC Employees providing such Services, shall be substantially the same as or consistent with those which EMC exercises or employs in providing similar services provided within or to any EMC Entity.
Except as otherwise agreed to in writing by the Parties or as described in this Agreement, the Parties agree that the nature, quality, degree of skill and standard of care applicable to the delivery of the Services hereunder, and the qualifications and skill levels of the Full Time Equivalent Employees providing such Services, shall be substantially the same as or consistent with those which EMC exercises or employs in providing similar services provided within or to any EMC Entity.
Section 2.5 Each EMC Entity shall use its commercially reasonable efforts to facilitate TeamVest becoming a party to any financial service contracts between either EMC Entity and any third party service provider that are reasonably necessary for TeamVest to perform its obligations hereunder.
However, nothing in this Section 2.02 shall (A) preclude any EMC Entity or any VMware Entity from presenting any claim or from exhausting any policy limit or (B) require any EMC Entity or any VMware Entity to pay any premium or other amount or to incur any Liability.
For purposes of this Agreement, “fully-burdened cost” means the total cost of employment to EMC with respect to each Full Time Equivalent Employee, including such employee’s salary, bonus and other compensation (excluding equity-based awards) and employment-related insurance, benefits and taxes, minus the value of any tax deductions associated with the compensation and other benefits provided to such employee that are realizable by EMC or other relevant EMC Entity.