Examples of GCP Group in a sentence
Scape Living intends to review opportunities for pension benefits to be provided to any employees of the GCP Group that transfer across to the Scape Living Group by operation of law but other than changes arising from this, Scape Living does not intend to make any changes with regard to current employer pension contribution arrangements.
Each of Scape Living and iQ respectively confirms that, following the Acquisition becoming Effective, the existing contractual and statutory employment rights of any employees that remain in the GCP Group following the Effective Date, including defined contribution pension rights, of employees of the GCP Group will be fully safeguarded in accordance with applicable law.
Whilst noting that key aspects of the GCP Group’s asset and property management function are carried out by Scape Student Limited, in its capacity as property manager, and Collegiate Accommodation Consulting Limited, in its capacity as asset and facilities manager, Scape Living and iQ attach great importance to the skill of the GCP employees and recognise the important contribution the employees of the GCP Group have made to the success of the business.
Scape Living attaches great importance to the skill of the employees of the GCP Group that are predominantly assigned to the Scape Living Transfer Assets.
Scape Living Scape Living confirms that, following the Acquisition becoming Effective, the existing contractual and statutory employment rights, including defined contribution pension rights, of any employees of the GCP Group that transfer across to the Scape Living Group by operation of law will be fully safeguarded in accordance with applicable law.
The current headquarter functions of the GCP Group are carried out at Scape Shoreditch and Harrogate.
Scape Living does not intend to make any changes to the conditions of employment or the balance of skills and functions of any employees of the GCP Group that transfer to the Scape Living Group.
There may be a small non-material reduction in headcount following the Transfer of Employees, to the extent any employee of the GCP Group transfers (a) across to the Scape Living Group when such employee was intended under the terms of the Separation Agreement to transfer to the iQ Group or (b) across to the iQ Group when such employee was intended under the terms of the Separation Agreement to transfer to the Scape Living Group.
Scape Living and iQ do not intend to make any changes to the conditions of employment or the balance of skills and functions of the employees and management of the GCP Group (other than to the extent any employees transfer to the Scape Living Group or the iQ Group by operation of law).
Following the Effective Date and the Transfer of Employees, to the extent any employees remain employed by the GCP Group, there may be a small and non-material reduction in headcount (subject to any informing and consulting obligations) within the central corporate and support functions including listed company-related functions, following GCP ceasing to be a listed company.