Common use of Assignment of Employees Clause in Contracts

Assignment of Employees. In general, most employees assigned to the Ralcorp Group and most employees assigned to the Post Group will remain with their existing employers on the Distribution Date. However, in certain situations Post employees will be assigned and transferred to the Ralcorp Group and in certain situations Ralcorp employees will be assigned and transferred to the Post Group effective prior to the Distribution. Effective as of the time of such assignment or transfer, such employee shall be an employee of the entity to which such employee was assigned or transferred.

Appears in 4 contracts

Samples: Employee Matters Agreement (Post Holdings, Inc.), Employee Matters Agreement (Post Holdings, Inc.), Employee Matters Agreement (Post Holdings, Inc.)

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