Examples of SDS Group in a sentence
As of such dates, the SDS Group shall be solely responsible for implementing its own payroll system and making payroll deductions for repayment of such loans.
Sybron and SDS shall recognize service with either the Sybron Group or the SDS Group that was recognized as of the Effective Date, except to the extent provided in Section 3.3(a) and, unless a Sybron Benefit Plan or an SDS Benefit Plan contains an express, contrary provision, so long as the break in service from the Sybron Group or the SDS Group does not exceed five (5) years.
No provision of this Agreement or the Contribution Agreement or any ancillary agreement shall be deemed to release any individual for any violation of the Sybron or SDS agreement or policy pertaining to confidential or proprietary information of any member of the Sybron Group or SDS Group, as the case may be, or otherwise relieve any individual of his or her obligations under such agreement or policy.
SDS and each member of the SDS Group shall jointly and severally indemnify Sybron, each member of the Sybron Group and their directors, officers, and employees and hold them harmless from and against any such Taxes and other liabilities or damages.
During the quarter ended August 31, 2020, the Company entered into a Letter of Intent (LOI) with SDS Group Australia Pty Ltd ("SDS") to work together to position PRT's Unmanned Aircraft Systems (UAS) for procurement focused evaluations following initial consultation with members of the Australian Government.
SDS and each member of the SDS Group represent that, as of the date hereof, all information contained in the Ruling Request and the Ruling (and any Supplemental Ruling Request submitted, and any Supplemental Ruling issued, prior to the date hereof) that concerns or relates to such party or any affiliate of such party is true, correct and complete in all material respects.
Nothing in this Agreement or the Contribution Agreement or any other agreement between the parties should be construed to change the at-will status of any of the employees of the Sybron Group or the SDS Group.
Effective as of the dates established pursuant to Section 4.1 (a) and Section 4.1(b), all QDROs pertaining to accounts of Dental Business Employees under the Sybron Salaried and Hourly Savings and Thrift Plans shall be transferred to the SDS Savings and Thrift and Union Savings and Thrift Plans pursuant to Section 4.2(a) and Section 4.2(b), and shall be the sole responsibility of the SDS Group.
SDS shall assist, and SDS shall cause each other applicable member of the SDS Group to assist, Sybron in complying with all reporting and disclosure requirements of ERISA and the Code, including the preparation of Form Series 5500 annual reports for the Sybron Benefit Plans, where applicable.
Without limiting the generality of the foregoing, except as provided in this Agreement, neither the Distribution nor the termination of the Participating Employer status of SDS or any member of the SDS Group under the Sybron Benefit Plans shall cause any employee to be deemed to have incurred a termination of employment.