Additional Compensation Matters. SEVERANCE 16
Additional Compensation Matters. 22 Section 8.1 Workers' Compensation Liabilities.................................................................22 Section 8.2 Code Sections 162(m)/409A...........................................................................23 Section 8.3 Certain Payroll, Annual and Long-Term Bonus Matters. ................................23
Additional Compensation Matters. Section 8.1
Additional Compensation Matters. SECTION 8.1. Workers’ Compensation Liabilities 28 SECTION 8.2. Code Section 409A 28 SECTION 8.3. Payroll Matters 28 SECTION 8.4. Retention Bonuses 29 ARTICLE IX INDEMNIFICATION SECTION 9.1. Indemnification by the Parties 29 SECTION 9.2. Procedures for Indemnification 29 SECTION 9.3. Indemnification Obligations Net of Proceeds Received from Third Parties 31 SECTION 9.4. Certain Actions; Substitution; Subrogation 32 SECTION 9.5. Payments 33 ARTICLE X GENERAL AND ADMINISTRATIVE SECTION 10.1. Sharing of Information 33 SECTION 10.2. Reasonable Efforts/Cooperation 34 SECTION 10.3. Employer Rights 34 SECTION 10.4. Consent of Third Parties 34 SECTION 10.5. Access to Employees 34 SECTION 10.6. Beneficiary Designation/Release of Information/Right to Reimbursement 35 ARTICLE XI MISCELLANEOUS SECTION 11.1. Entire Agreement 35 SECTION 11.2. Governing Law 35 SECTION 11.3. Notices 35 SECTION 11.4. Amendments and Waivers 37 SECTION 11.5. Early Termination 38 SECTION 11.6. No Third-Party Beneficiaries 38 SECTION 11.7. Assignability; Binding Effect 38 SECTION 11.8. Construction; Interpretation 38 SECTION 11.9. Severability 39 SECTION 11.10. Counterparts 39 SECTION 11.11. Relationship of Parties 39 SECTION 11.12. Subsidiaries 39 SECTION 11.13. Dispute Resolution 39 EMPLOYEE MATTERS AGREEMENT This Employee Matters Agreement (this “Agreement”) is dated as of March 7, 2018, by and among Fortive Corporation, a Delaware corporation (“Fox”), Xxxxxxx Holding Company, Inc., a Delaware corporation and wholly owned Subsidiary of Fox (“Newco”), and Altra Industrial Motion Corp., a Delaware corporation (“Ainge”) (each a “Party” and together, the “Parties”).
Additional Compensation Matters
