Examples of JDSU Group in a sentence
If any disclosures are made in connection with providing services to any member of the JDSU Group under this Agreement or any other Transaction Document, then the Lumentum Confidential Information so disclosed shall be used only as required to perform the services.
JDSU and each member of the JDSU Group shall jointly and severally indemnify Holdings, each Holdings Affiliate, and their respective directors, officers and employees, and hold them harmless from and against any cost, fine, penalty, or other expense of any kind attributable to the failure of JDSU or any JDSU Affiliate in supplying Holdings or any Holdings Affiliate with inaccurate or incomplete information, in connection with the preparation of any Tax Return.
The Lumentum Group shall be solely responsible for establishing performance metrics, funding, paying, and discharging all obligations relating to any variable compensation awards under the Lumentum Variable Compensation Plans, and no member of the JDSU Group or Viavi Group shall have any rights or obligations with respect thereto.
To the extent the transfer of JDSU Group Employees pursuant to the terms of this Agreement triggers any payout of notice, severance, termination indemnities or similar payments, such payments if triggered prior to the Distribution, will be retained, accepted and/or assumed by the JDSU Group.
If, under applicable Law, both the JDSU Group and the Holdings Group are liable for Transfer Taxes resulting from the Contribution, then JDSU and Holdings shall be equally responsible for such Transfer Taxes.
The law prohibits the dismissal of union members from the moment a union notifies the labor inspector of its general assembly until the formation of its first executive board, the first legal steps in forming a union.
The parties shall take all actions necessary to ensure that all JDSU Group Employees intended to be Lumentum Group Employees are or will be employed by Lumentum or another member of the Lumentum Group as of the Transfer Date, and that all JDSU Group Employees intended to be Viavi Group Employees are or will be employed by Viavi or another member of the Viavi Group as of the Effective Time.
JDSU and Holdings each shall be responsible for any Transfer Taxes incurred by the JDSU Group and the Holdings Group, respectively, as a result of the Contribution.
Payment of the awards shall be made by members of the Lumentum Group pursuant to and consistent with the terms of the applicable JDSU Variable Compensation Plans, and members of the JDSU Group shall reimburse such members of the Lumentum Group for the amount paid, such reimbursement to be made no more than twenty (20) business days following Lumentum’s notification of the amount of the awards paid to such persons.
The parties acknowledge and agree that neither the consummation of the Transfer nor any transaction contemplated by this Agreement, the CONTRIBUTION AGREEMENT or any other Transaction Document shall be deemed to be a “change of control,” “change in control,” or term of similar import for purposes of any Benefit Plan or Individual Agreement sponsored or maintained by any member of the JDSU Group.