Examples of EU Business Employees in a sentence
Notwithstanding the foregoing, and except to the extent required by Law, Purchaser shall not be obligated to establish a defined benefit retirement plan or arrangement for any EU Business Employees or any other Transferred Employees.
The Purchaser shall cause the Conveyed Entities to continue the employment of each of the EU Business Employees with effect from the Closing Date, as provided in the Transfer Regulations as they would have applied to Sellers had the transactions contemplated by this Agreement not occurred or any applicable Laws.
Purchaser will provide Seller as soon as reasonably practicable on request with all information it is required to provide by the EU Transfer Regulations in each applicable jurisdiction so that Seller may comply with its obligations to inform and consult with the EU Business Employees under the EU Transfer Regulations.
The Willtek Group, at its sole cost and expense, shall undertake and assume responsibility for transmitting or delivering the Employment Transfer Letter in the manner prescribed by applicable Law to each of the German Business Employees and other EU Business Employees (the Parties’ respective obligations pursuant to this Section 5.8(c) being referred to as the “Employment Transfer Notice Obligations”).
The Parties shall inform each other in writing promptly upon the receipt of an objection from any of the German Business Employees (or any of the EU Business Employees) regarding the transfer of the employment relationship to Aeroflex GmbH or Aeroflex France SAS or their Affiliates.
With respect to matters described in this Section 5.6, the Sellers and the Conveyed Entities will consult with Purchaser (and will consider in good faith the advice of Purchaser) prior to sending any notices or other communication materials to the EU Business Employees and will use commercially reasonable efforts to have Tyco consult with Purchaser in the same manner.
Antennas and their corresponding feed lines must be clearly tagged.
If any EU Business Employees or any other Transferred Employees were covered by a defined benefit arrangement of Sellers or Tyco immediately prior to the Closing, Purchaser shall establish as of the Closing Date, a defined contribution arrangement for the benefit of such employees that provides reasonably comparable benefits, taking into account the difference in plan design, or such greater benefits as may be required by Law.
Many other nations share the American point of view that the passage constitutes a strait used for international navigation.
The housing price in Germany keeps a stable trend for several years, and the demand and supply is relatively balanced.