ParentCo Individual definition
ParentCo Individual means a “Pentair Group Employee,” “Pentair Director,” “Former Pentair Group Employee,” or a “Former Pentair Director” (each as defined in the Employee Matters Agreement).
Examples of ParentCo Individual in a sentence
To the extent that any payroll, unemployment, contribution, social security, or similar Taxes are not covered by the Employee Matters Agreement, (i) ParentCo shall be responsible for any such Taxes attributable to a ParentCo Individual, and (ii) SpinCo shall be responsible for any such Taxes attributable to an SpinCo Individual.