Examples of Xxxxxxx Controls Group Employees in a sentence
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.
From and after the Effective Time, (i) the Xxxxxxx Controls U.S. Savings Plan shall continue to be responsible for Liabilities in respect of Xxxxxxx Controls Group Employees and Former Employees with accounts under such plans, and (ii) no Adient Group Employees shall accrue any benefits under the Xxxxxxx Controls U.S. Savings Plan.
Xxxxxxx Controls shall retain all Liabilities under the Xxxxxxx Controls Retiree Welfare Plan for Xxxxxxx Controls Group Employees and Former Xxxxxxx Controls Group Employees.
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.
Xxxxxxx Controls shall retain all Liabilities under the Xxxxxxx Controls Executive Deferred Compensation Plan for Xxxxxxx Controls Group Employees and Former Employees and all Liabilities under the Xxxxxxx Controls Executive Deferred Compensation Plan for Adient Group Employees that relate to deferrals prior to or as of the closing of the Merger.
With respect to claims for workers’ compensation in the U.S., (a) the Adient Group shall be responsible for claims in respect of Adient Group Employees and Former Adient Group Employees, whether occurring before, at, or after the Effective Time, and (b) the Xxxxxxx Controls Group shall be responsible for all claims in respect of Xxxxxxx Controls Group Employees and Former Xxxxxxx Controls Group Employees, whether occurring before, at, or after the Effective Time.
References to Xxxxxxx Controls Group Employees, Former Xxxxxxx Controls Group Employees, Adient Group Employees, Former Adient Group Employees, and non-employee directors of either Xxxxxxx Controls or Adient (including Transferred Directors), shall, where the context clearly contemplates, be deemed to refer to their beneficiaries, dependents, survivors, and alternate payees, as applicable.