Examples of Xxxxxxxx 66 Group in a sentence
Nothing in this Agreement, the Separation and Distribution Agreement or any Ancillary Agreement changes, alters, limits or expands any current rights that any ConocoPhillips Group member or any Xxxxxxxx 66 Group member may have been granted as of the Distribution by any Person to use Proprietary Information.
For the purpose of clarification, Xxxxxxxx 66 reserves all rights, and no license is granted herein to ConocoPhillips Company under Existing Xxxxxxxx 66 Group Patents to make, have made, use, offer to sell, sell and import any and all products and services other than in the conduct of the ConocoPhillips Business as of the Internal Contribution Date.
Nothing in this Agreement, the Separation and Distribution Agreement or any Ancillary Agreement changes, alters, limits or expands any current rights that any ConocoPhillips Group member or any Xxxxxxxx 66 Group member may have been granted as of the Internal Contribution Date by any Person to reproduce, distribute, display or otherwise use Software.
The Parties recognize that a certain number of the COP Group Employees who are Delayed Transfer Employees will be providing services to the Xxxxxxxx 66 Group pursuant to the terms of the Transition Services Agreement and that certain of such Employees will be transferred to a Xxxxxxxx 66 Entity at or around the time of the termination of the services being provided under the Transition Services Agreement.
In addition, COP shall provide Xxxxxxxx 66 with reasonable access to those records necessary for its administration of any plans or programs on behalf of Xxxxxxxx 66 Group Employees after the Distribution Date as permitted by any applicable privacy protection Laws or regulations or Privacy Contracts.
ConocoPhillips shall in good faith advise Xxxxxxxx 66 in writing of the portion, if any, of any earnings and profits, Tax Attribute, overall foreign loss or other consolidated, combined or unitary attribute which ConocoPhillips determines shall be allocated or apportioned to the Xxxxxxxx 66 Group under applicable Law.
COP shall have sole responsibility for the administration of the COP Deferred Compensation Plans and the payment of benefits thereunder to or on behalf of COP Group Employees and Former COP Group Employees, and no member of the Xxxxxxxx 66 Group shall have any liability or responsibility therefor.
It is the intention of the Parties that all activity under a Xxxxxxxx 66 Welfare Plan Participant’s health savings account with COP for the year in which the Distribution occurs (in the case of Delayed Transfer Employees transferred from the COP Group to the Xxxxxxxx 66 Group, for the plan year in which the applicable Transfer Date occurs) be treated instead as activity under the corresponding Xxxxxxxx 66 HSA.
Effective as of the applicable Transfer Date, the Xxxxxxxx 66 Group Subsidiary employing the Delayed Transfer Employee shall have (and, to the extent it has not previously had such obligations, such Xxxxxxxx 66 Group Subsidiary shall assume) the obligations for all claims and Liabilities relating to workers’ compensation and unemployment compensation benefits for all Delayed Transfer Employees transferred from the COP Group to that Xxxxxxxx 66 Group Subsidiary.
Save as expressly provided in this Agreement, and without prejudice to the rights and obligations contained in this Schedule, each member of the ConocoPhillips Group and each member of the Xxxxxxxx 66 Group shall be responsible for discharging any UK Tax Liability that may fall on it and shall be entitled to any UK Relief arising to it, and none of the parties to this Agreement indemnifies or otherwise agrees to make payment to, or to procure the making of payment to, the other in relation thereto.