Examples of Xxxxxxx Controls Group in a sentence
Xxxxxxx Controls agrees that it will not take or fail to take, or cause or permit any member of the Xxxxxxx Controls Group to take or fail to take, any action where such action or failure to act would be inconsistent with or cause to be untrue any statement, information, covenant or representation in this Agreement, the Separation and Distribution Agreement, any of the Ancillary Agreements.
Adient shall be liable for, and shall indemnify and hold harmless the Xxxxxxx Controls Group from and against any liability for, any Taxes for which Adient is responsible, or which are allocated to Adient, pursuant to this Section 2 or Section 3.
The Xxxxxxx Controls Group shall be responsible for any and all Liabilities to, or relating to, Xxxxxxx Controls Group Employees and Former Xxxxxxx Controls Group Employees in respect of severance and unemployment compensation, regardless of whether the event giving rise to the Liability occurred before, at or after the Effective Time.
Xxxxxxx Controls shall retain all Liabilities under the Xxxxxxx Controls Retirement Restoration Plan for the Savings Supplemental Accounts of Xxxxxxx Controls Group Employees and Former Employees and for Liabilities under the Xxxxxxx Controls Retirement Restoration Plan for Savings Supplemental Accounts of Adient Group Employees that relate to deferrals prior to or as of the closing of the Merger.
Soft components such as long-term strategic planning and maintenance and operation activities contributed to improving resilience and achieving adaptation to climate change.
Following the Effective Time, Xxxxxxx Controls shall be responsible for all income tax reporting in respect of Adjusted Xxxxxxx Controls Awards held by Xxxxxxx Controls Group Employees and Former Employees, and Adient shall be responsible for all income tax reporting in respect of Adjusted Xxxxxxx Controls Awards and Adient Awards held by Adient Group Employees.
Adient agrees to indemnify and hold harmless each member of the Xxxxxxx Controls Group and its directors, officers and employees from and against any fine, penalty or other cost or expense of any kind attributable to a member of the Adient Group having supplied, pursuant to this Section 7, a member of the Xxxxxxx Controls Group with inaccurate or incomplete information in connection with a Tax Liability.
The Parties acknowledge that the Xxxxxxx Controls Group or the Adient Group may provide administrative services for certain of the other Party’s compensation and benefit programs for a transitional period under the terms of the Transition Services Agreement.
The rights of each member of the Xxxxxxx Controls Group and each member of the Adient Group to amend, waive, or terminate any plan, arrangement, agreement, program, or policy referred to herein shall not be limited in any way by this Agreement.
To the extent not inconsistent with this Agreement, the Separation and Distribution Agreement, or any applicable privacy protection Laws or regulations, reasonable access to Employee-related records after the Effective Time will be provided to members of the Xxxxxxx Controls Group and members of the Adient Group pursuant to the terms and conditions of Article VI of the Separation and Distribution Agreement.