Common use of Delayed Transfer Employees Clause in Contracts

Delayed Transfer Employees. To the extent that applicable Law or any arrangement with a Governmental Authority prevents the Parties from causing any (a) Honeywell Employee who is intended to be a SpinCo Employee to be employed by a member of the SpinCo Group as of immediately following the Distribution as contemplated by Section 2.01 or (b) SpinCo Employee who is intended to be a Honeywell Employee to be employed by a member of the Honeywell Group as of immediately following the Distribution (each such employee, a “Delayed Transfer Employee” and the SpinCo Group or Honeywell Group entity to which such Delayed Transfer Employee is intended to be transferred, the “Destination Employer”), the Parties shall use commercially reasonable efforts to ensure that (i) such Delayed Transfer Employee becomes employed by the Destination Employer at the earliest time permitted by applicable Law or such agreement with a Governmental Authority and (ii) the Destination Employer receives the benefit of such Delayed Transfer Employee’s services from and after the Distribution, including under the TSA or by entering into an employee leasing or similar arrangement. “Delayed Transfer Employee” shall also include any Honeywell Employee who, following the Distribution, provides services to the SpinCo Group under the TSA and whose employment is intended by Honeywell to transfer to the SpinCo Group following the completion of the applicable TSA service, and with respect to such Delayed Transfer Employees, the Parties shall use commercially reasonable efforts to ensure that any such Delayed Transfer Employee becomes employed by the SpinCo Group as soon as practicable following the completion of the applicable TSA service. From and after the commencement of a Delayed Transfer Employee’s employment with the Destination Employer, such Delayed Transfer Employee shall be treated for all purposes of this Agreement, including Section 4.02, as if such Delayed Transfer Employee commenced employment with the Destination Employer as of the Distribution as contemplated by Section 2.01.

Delayed Transfer Employees. To Notwithstanding the extent that foregoing, in the case of any Business Employee whose employment does not and cannot commence or be transferred at the Closing by applicable Law Laws or any arrangement with a Governmental Authority prevents Purchaser and Seller Parent mutually determine cannot commence or be transferred at the Parties from causing any Closing or whose commencement or transfer of employment is otherwise delayed (a) Honeywell Employee who is intended to be a SpinCo Employee to be employed by a member of the SpinCo Group as of immediately following the Distribution as contemplated by Section 2.01 or (b) SpinCo Employee who is intended to be a Honeywell Employee to be employed by a member of the Honeywell Group as of immediately following the Distribution (each such employee, a “Delayed Transfer Employee” ”), Seller Parent and Purchaser shall cooperate in good faith to cause the SpinCo Group or Honeywell Group entity to which employment of such Delayed Transfer Employee is intended to be transferred, the “Destination Employer”), the Parties shall use commercially reasonable efforts remain with Seller Parent or a Retained Subsidiary to ensure that (i) allow such Delayed Transfer Employee becomes employed by to continue to participate on the Destination Employer at compensation and benefit platforms, plans and programs of Seller Parent or such Retained Subsidiary. The Parties agree that each Delayed Transfer Employee shall commence employment with Purchaser, a Conveyed Subsidiary or another Subsidiary of Purchaser, as appropriate, as soon as reasonably practicable following the earliest time Closing as permitted by applicable Law or Laws in such agreement with a Governmental Authority and (ii) manner that to the Destination Employer receives maximum extent possible does not trigger the benefit right of such Business Employee to separation pay and is otherwise consistent with the terms and conditions of this Section 6.6 and applicable Law. Notwithstanding the foregoing, Seller Parent shall have no obligation to transfer the employment of a Delayed Transfer Employee out of a Conveyed Subsidiary if the delayed transfer of employment is due to a delay in the transfer of the Conveyed Subsidiary to Purchaser. In respect of the Delayed Transfer Employees, each reference in Section 6.6(a)(iii) (other than in this Section 6.6(b)(iii) and Section 6.6(b)(iv)) through Section 6.6(j) to “Closing” and “Closing Date” shall be treated as a reference to the first date on which the applicable Delayed Transfer Employee’s services from and after employment commences with or transfers to Purchaser. Notwithstanding the Distribution, including under the TSA or by entering into an employee leasing or similar arrangement. “Delayed Transfer Employee” shall also include any Honeywell Employee who, following the Distribution, provides services to the SpinCo Group under the TSA and whose employment is intended by Honeywell to delayed transfer to the SpinCo Group following the completion of the applicable TSA service, and with respect to such Delayed Transfer Employees, from and for a period of two (2) years after the Parties shall use commercially reasonable efforts to ensure that any such Delayed Transfer Employee becomes employed by Closing or, if earlier, the SpinCo Group as soon as practicable following the completion date of the applicable TSA service. From and after the commencement of a Delayed Transfer Employee’s termination of employment with (“Delayed Employment Period”), the Destination Employer, (A) compensation paid to such Delayed Transfer Employee shall be treated Employees in respect of the Delayed Employment Period and (B) the fringe benefit rate for all purposes of this Agreement, including Section 4.02, as if such Delayed Transfer Employee commenced employment Transferred Employees’ benefits under a Seller Group Plan or Foreign Seller Group Plan that Seller Parent charges in the ordinary course of business consistent with the Destination Employer as past practice in respect of the Distribution as contemplated by Section 2.01Delayed Employment Period shall, in the case of (A) and (B), be considered Purchaser Assumed Employee Liabilities; provided that, during such period, Purchaser and its Subsidiaries receive the economic benefit of such Delayed Transferred Employee’s services.

Delayed Transfer Employees. To the extent that applicable Law or any arrangement with a Governmental Authority prevents the Parties from causing any (a) Honeywell Employee any employee who is intended to be a SpinCo Employee to be employed by a member of the SpinCo Group as of immediately following the Distribution Local Transfer Date as contemplated by Section 2.01 or (b) SpinCo Employee any employee who is intended to be a Honeywell Nuance Employee to be employed by a member of the Honeywell Nuance Group as of immediately following the Distribution Local Transfer Date, or for any employees designated and agreed to by the Parties (each such employee, a “Delayed Transfer Employee” and the SpinCo Group or Honeywell Group entity to which such Delayed Transfer Employee is intended to be transferred, the “Destination Employer”), the Parties shall use commercially reasonable efforts to ensure that (i) such Delayed Transfer Employee becomes employed by the Destination Employer at the earliest time permitted by applicable Law or such agreement arrangement with a Governmental Authority (the “Delayed Transfer Date”) and (ii) the Destination Employer receives the benefit of such Delayed Transfer Employee’s services from and after the DistributionLocal Transfer Date, including under the TSA or by entering into an employee leasing or similar arrangement. The term “Delayed Transfer Employee” shall also include any Honeywell Employee (i) each employee who, following the DistributionLocal Transfer Date, provides services to the SpinCo Group under the TSA and whose employment is intended by Honeywell Nuance to transfer to the SpinCo Group following the completion of the applicable TSA service and (ii) each employee who, following the Local Transfer Date, provides services to the Nuance Group under the TSA and whose employment is intended by SpinCo to transfer to the Nuance Group following the completion of the applicable TSA service, and with respect to such Delayed Transfer Employees, the Parties shall use commercially reasonable efforts to ensure that any such Delayed Transfer Employee becomes Employees become employed by the SpinCo Group Destination Employer as soon as practicable following the completion of the applicable TSA service. From and after the commencement of a Delayed Transfer Employee’s employment with the Destination Employer, such Delayed Transfer Employee shall be treated for all purposes of this Agreement, including Section 4.02, as if such Delayed Transfer Employee commenced employment with the Destination Employer as of the Distribution Local Transfer Date as contemplated by Section 2.01.

Delayed Transfer Employees. To Unless Verizon and Idearc shall otherwise agree in a written agreement signed by each party, in the extent event that applicable Law or such parties agree to transfer the employment of any arrangement with a Governmental Authority prevents the Parties from causing any (a) Honeywell Employee who is intended to be a SpinCo Verizon Employee to be employed by a any member of the SpinCo Idearc Group as of immediately following after the Distribution as contemplated by Section 2.01 or Date (b) SpinCo Employee who is intended to be a Honeywell Employee to be employed by a member of the Honeywell Group as of immediately following the Distribution (each such employeeeach, a “Delayed Transfer Employee” ”), then effective as of the date such individual is hired by any such member of the Idearc Group (the “Transfer Date”), such individual shall become an Idearc Employee and cease to be a Verizon Employee. As of the SpinCo Group Transfer Date or Honeywell Group entity such later date as is specified in this Agreement (or such other date as may otherwise be agreed in writing by and between Verizon and Idearc), all Liabilities of the type and nature that would have been transferred to which an Idearc Plan or assumed by Idearc had such Delayed Transfer Employee is intended been an Idearc Employee as of the Distribution Date shall be assumed by Idearc or such other member of the Idearc Group it shall designate (the “Designated Idearc Subsidiary”). For purposes of determining the commitments, duties and obligations of the Parties hereunder in respect of any such Delayed Transfer Employee, such Employee’s Transfer Date shall be substituted for the Distribution Date; provided that in no event shall the period of any commitment regarding the benefits to be transferred, the “Destination Employer”), the Parties shall use commercially reasonable efforts to ensure that (i) continued on behalf of such Delayed Transfer Employee becomes employed by continue in effect beyond the Destination Employer at the earliest time permitted by applicable Law date it would otherwise have expired if his or such agreement with a Governmental Authority and (ii) the Destination Employer receives the benefit of such Delayed Transfer Employee’s services from and after the Distribution, including under the TSA or by entering into an employee leasing or similar arrangement. “Delayed Transfer Employee” shall also include any Honeywell Employee who, following the Distribution, provides services to the SpinCo Group under the TSA and whose her employment is intended by Honeywell to transfer to the SpinCo Group following the completion of the applicable TSA service, and with respect to such Delayed Transfer Employees, the Parties shall use commercially reasonable efforts to ensure that any such Delayed Transfer Employee becomes employed by the SpinCo Group as soon as practicable following the completion of the applicable TSA service. From and after the commencement of a Delayed Transfer Employee’s employment with the Destination Employer, such Delayed Transfer Employee shall be treated for all purposes of this Agreement, including Section 4.02, as if such Delayed Transfer Employee commenced employment with the Destination Employer had transferred as of the Distribution as contemplated Date. Notwithstanding anything else contained herein to the contrary, to the extent that Idearc allocates duties, responsibilities, obligations or Liabilities to a Designated Idearc Subsidiary, Idearc guarantees the performance by Section 2.01such Designated Idearc Subsidiary of such duties, responsibilities and obligations, and guarantees payment in respect of any Liabilities, assigned to such Designated Idearc Subsidiary.

Delayed Transfer Employees. To the extent that applicable Law or (i) With respect to any arrangement with a Governmental Authority prevents the Parties from causing any (a) Honeywell Employee who is intended to be a SpinCo Employee to be employed by a member of the SpinCo Group as of immediately following the Distribution as contemplated by Section 2.01 or (b) SpinCo Employee who is intended to be a Honeywell Employee to be employed by a member of the Honeywell Group as of immediately following the Distribution (each such employee, a “Delayed Transfer Employee” and the SpinCo Group or Honeywell Group entity to which such Delayed Transfer Employee is intended and subject to be transferredcompliance with applicable Law, the “Destination Employer”), the Parties Seller shall use commercially reasonable efforts (A) to ensure that (i) make such Delayed Transfer Employee becomes employed by available to Purchaser to provide services to the Destination Employer at Business between the earliest time permitted by applicable Law or such agreement with a Governmental Authority Closing Date and the Delayed Transfer Date and (iiB) manage such Delayed Transfer Employee in the Destination Employer receives ordinary course of business consistent with past practice, subject to the benefit instructions of the Purchaser and its affiliates to the extent such instructions relate to the Business or the Purchased Assets and do not require any action to be taken in violation of applicable Law. With respect to any Delayed Transfer Employee, if Seller complies with the immediately preceding sentence, Purchaser agrees to reimburse Seller or its applicable affiliate for the cost of such Delayed Transfer Employee’s services from compensation and after benefits (including employer-paid Taxes and social charges) during the Distribution, including under period commencing on the TSA or by entering into an employee leasing or similar arrangement. “Closing Date and ending on the Delayed Transfer Employee” shall also include any Honeywell Employee who, following the Distribution, provides services Date. (ii) References in this Agreement to the SpinCo Group under “Closing” or the TSA and whose employment is intended by Honeywell to transfer to the SpinCo Group following the completion of the applicable TSA service, and with respect “Closing Date” as they relate to such Delayed Transfer Employees, Employees (including such references with respect to the Parties shall use commercially reasonable efforts to ensure that any assumption of assets and Liabilities in respect of such Delayed Transfer Employee becomes employed by in accordance with Section 2.4, Section 2.5, Section 2.6, and Section 2.7) shall be deemed to refer to the SpinCo Group as soon as practicable following Delayed Transfer Date. (iii) With respect to any Delayed Transfer Employee (A) during the completion period beginning at the Closing (determined without regard to the preceding provisions of this sentence) and ending on the applicable date of the Delayed Transfer Closing, the restrictions set forth in Sections 5.2(b)(ii) and 5.2(b)(iii) shall continue to apply, (B) the Benefit Continuation Period shall end on the first anniversary of the Closing Date irrespective of the date of the Delayed Transfer Closing, and (C) such employee shall in no event commence employment with Purchaser or one of its affiliates until the date of the applicable TSA service. From and after the commencement of a Delayed Transfer Employee’s employment with the Destination Employer, such Delayed Transfer Employee shall be treated for all purposes of this Agreement, including Section 4.02, as if such Delayed Transfer Employee commenced employment with the Destination Employer as of the Distribution as contemplated by Section 2.01Closing.

Delayed Transfer Employees. To the extent that applicable Law (including the Transfer of Undertakings) or any arrangement with a Governmental Authority or any agreement between Parties prevents the Parties from causing any (a) Honeywell RemainCo Employee who is intended to be a SpinCo Employee to be employed by a member of the SpinCo Group as of immediately following the Distribution as contemplated by Section 2.01 or (b) SpinCo Employee who is intended to be a Honeywell RemainCo Employee to be employed by a member of the Honeywell RemainCo Group as of immediately following the Distribution (each such employee, a “Delayed Transfer Employee” and the SpinCo Group or Honeywell RemainCo Group entity to which such Delayed Transfer Employee is intended to be transferred, the “Destination Employer”), the Parties shall use commercially reasonable efforts to ensure that (i) such Delayed Transfer Employee becomes employed by the Destination Employer at the earliest time permitted by applicable Law or such agreement with a Governmental Authority and (ii) the Destination Employer receives the benefit of such Delayed Transfer Employee’s services from and after the Distribution, including under the TSA or by entering into an employee leasing or similar arrangement. “Delayed Transfer Employee” shall also include (x) any Honeywell RemainCo Employee who, following the Distribution, provides services to the SpinCo Group under the TSA and whose employment is intended by Honeywell RemainCo to transfer to the SpinCo Group following the completion of the applicable TSA service, and with respect to such Delayed Transfer Employees, the Parties shall use commercially reasonable efforts to ensure that any such Delayed Transfer Employee becomes employed by the SpinCo Group as soon as practicable following the completion of the applicable TSA service. From and after the commencement of a Delayed Transfer Employee’s employment with the Destination Employer, such Delayed Transfer Employee shall be treated for all purposes of this Agreement, including Section 4.02, as if such Delayed Transfer Employee commenced employment with the Destination Employer as of the Distribution as contemplated by Section 2.01.and

Delayed Transfer Employees. To Notwithstanding the extent that applicable Law or foregoing, in the case of any arrangement with a Governmental Authority prevents the Parties from causing any (a) Honeywell Business Employee who is intended to be a SpinCo Employee to be not employed by the Purchased Entity (or a member of the SpinCo Group Subsidiary thereof) as of immediately following prior to the Distribution as contemplated by Closing and whose employment cannot (or Seller otherwise determines, after consultation with Purchaser, is not commercially reasonable to) commence with, or be transferred to, the Purchased Entity or its Subsidiaries pursuant to Section 2.01 6.1(a)-(c) or whose transfer of employment to the Purchased Entity (bor a Subsidiary thereof) SpinCo Employee who is intended to be a Honeywell Employee to be employed by a member of the Honeywell Group as of immediately following the Distribution otherwise delayed (each such employee, a “Delayed Transfer Employee”), Seller, the Purchased Entity and Purchaser shall cooperate in good faith to cause the employment of such Delayed Transfer Employee to transfer as soon as reasonably practicable following the Closing in such a manner that to the maximum extent possible does not trigger any redundancy, severance, termination or similar pay and is otherwise consistent with the terms and conditions of this Agreement and applicable Laws or Collective Bargaining Agreements. Any such Delayed Transfer Employee shall transfer and be employed pursuant to the terms and conditions of this Article VI and applicable Law and shall be considered a Transferred Employee for purposes of this Agreement. For any Delayed Transfer Employee, unless otherwise specified, references to “Closing Date” and “Closing” in this Agreement shall be treated as references to the SpinCo Group first date and time at which the applicable Delayed Transfer Employee’s employment commences with or Honeywell Group entity transfers to the Purchased Entity or its Subsidiaries. Notwithstanding the delayed transfer of a Delayed Transfer Employee, from the Closing Date until the date upon which such Delayed Transfer Employee is intended commences employment with or transfers to be transferred, the Purchased Entity or a Subsidiary thereof pursuant to this Section 6.1(d) (the “Destination EmployerDelayed Employment Period”)) and thereafter, the Parties shall use commercially reasonable efforts any Liability related to ensure that (i) such a Delayed Transfer Employee becomes employed in respect of the Delayed Employment Period (including with respect to compensation and benefits paid by Seller or any of its Affiliates) shall be considered an Assumed Liability; provided that, during such period, the Destination Employer at the earliest time permitted by applicable Law Purchased Entity (or such agreement with a Governmental Authority and (iiSubsidiaries thereof) the Destination Employer receives shall receive the benefit of such Delayed Transfer Employee’s services from and after the Distribution, including under the TSA or by entering into an employee leasing or similar arrangement. “Delayed Transfer Employee” shall also include any Honeywell Employee who, following the Distribution, provides services to the SpinCo Group under the TSA and whose employment is intended by Honeywell to transfer to the SpinCo Group following the completion of the applicable TSA service, and with respect to such Delayed Transfer Employees, the Parties shall use commercially reasonable efforts to ensure that any such Delayed Transfer Employee becomes employed by the SpinCo Group as soon as practicable following the completion of the applicable TSA service. From and after the commencement of a Delayed Transfer Employee’s employment with the Destination Employer, such Delayed Transfer Employee shall be treated for all purposes of this Agreement, including Section 4.02, as if such Delayed Transfer Employee commenced employment with the Destination Employer as of the Distribution as contemplated by Section 2.01services.

Delayed Transfer Employees. To Prior to the extent Closing, and in no event later than 30 Business Days prior to the anticipated Closing Date, the Company shall identify in writing each anticipated Delayed Transfer Employee and the basis of the delay applicable to such Delayed Transfer Employee. (i) With the exception of SpinCo Automatic Transfer Employees, in the event that applicable Law or any arrangement with a Governmental Authority prevents the Parties from causing any (a) Honeywell Delayed Transfer Employee who is intended to be a SpinCo Employee to be employed by a member on short-term or long-term disability leave or other approved leave of the SpinCo Group as of immediately following the Distribution as contemplated by Section 2.01 absence or (b) SpinCo Employee who is intended to be a Honeywell Employee to be employed by a member of the Honeywell Group as of immediately following the Distribution other time-off, including military leave, maternity leave, parental leave, family leave, medical leave, workers’ compensation and other statutory leave (each such employee, a “Leave-Based Delayed Transfer Employee” and the SpinCo Group or Honeywell Group entity to which such Delayed Transfer Employee is intended to be transferred, the “Destination Employer”), returns to work from his or her leave of absence within twelve (12) months following the Parties shall use commercially reasonable efforts to ensure that Closing Date (i) or such Delayed Transfer Employee becomes employed by the Destination Employer at the earliest time permitted longer period as required by applicable Law or such agreement with a Governmental Authority Labor Agreement), then the Company Group shall promptly notify the SpinCo Group and (ii) the Destination Employer receives the benefit Parent Group of such Delayed Transfer Employee’s services from return to work and after a SpinCo Entity Employer or a MergerSub Employer shall make an offer of employment to such individual as soon as reasonably practicable, but in no event later than ten (10) Business Days, following the Distributiondate of such notification. All such offers shall comply with the Offer Requirements and applicable Law. If such Delayed Transfer Employee does not receive such offer, including under the TSA or by entering into an employee leasing or similar arrangementreceives but does not accept such offer, such individual shall be treated as a Former SpinCo Employee. “Unless otherwise specified in this Agreement (including, but not limited to, in ARTICLE X), for any such Delayed Transfer Employee, references in this Agreement to the “Closing Date” or “Transfer Date” shall also include be treated as references to the first day and time at which the applicable Delayed Transfer Employee commences employment with a SpinCo Entity Employer or a MergerSub Employer following such Delayed Transfer Employee’s return to work. (ii) If any Honeywell Delayed Transfer Employee whorequires a visa, work permit or other approval for his or her employment to commence with, transfer to or continue with a SpinCo Entity Employer or a MergerSub Employer on or after the Closing Date, the Parties shall cooperate in good faith to promptly file any necessary applications or documents and shall take all reasonable actions needed to secure the necessary visa, permit or other approval to allow such Delayed Transfer Employee to commence work with effect as soon as reasonably practicable (but in no event later than twelve (12) months) following the DistributionClosing Date; provided, provides services that the applicable SpinCo Entity Employer or MergerSub Employer shall be solely responsible for any reasonable and customary costs, fees or expenses incurred in connection with such applications and actions. Unless otherwise specified in this Agreement (including, but not limited to, in ARTICLE X), for any such Delayed Transfer Employee, references in this Agreement to the SpinCo Group under the TSA and whose employment is intended by Honeywell to transfer “Closing Date” or “Transfer Date” shall be treated as references to the first day and time at which the applicable Delayed Transfer Employee commences employment with a SpinCo Entity Employer or a MergerSub Employer following procurement of any necessary work visa, permit or other approval. (iii) Each Delayed Transfer Employee shall, until the date such Delayed Transfer Employee commences employment with a SpinCo Entity Employer or MergerSub Employer in accordance with this Section 3.2(c), remain on the Company Group payroll and covered by any applicable Company Group Benefit Plan, and any Liabilities incurred as a result of, arising out of or relating to such continuance of payroll and benefits shall be Retained Liabilities (such Retained Liabilities, to the extent relating to the period commencing on the Closing Date and ending on the applicable Delayed Transfer Date, the “Post-Closing Delayed Transfer Liabilities”); provided, that Parent shall, promptly following the completion of applicable Delayed Transfer Date, reimburse the Company Group for any Post-Closing Delayed Transfer Liabilities if and to the extent such Delayed Transfer Employee actually transfers to a SpinCo Entity Employer or MergerSub Employer within twelve (12) months following the Closing Date (or such longer period as required by applicable TSA serviceLaw or Labor Agreement). If, at twelve (12) months following the Closing Date (or such longer period as required by applicable Law or Labor Agreement), the Delayed Transfer Employee remains employed by the Company Group and has not transferred to a SpinCo Entity Employer or MergerSub Employer, (a) all Liabilities with respect to such Delayed Transfer Employeesindividual shall constitute Retained Liabilities and the Company Group shall have no right to reimbursement from Parent in respect thereof, the Parties shall use commercially reasonable efforts to ensure that any such Delayed Transfer Employee becomes employed by the SpinCo Group as soon as practicable following the completion of the applicable TSA service. From and after the commencement of a Delayed Transfer Employee’s employment with the Destination Employer, (b) such Delayed Transfer Employee shall be treated for all purposes as a Former SpinCo Employee. During the period from the Closing Date through the applicable Delayed Transfer Date, the Company Group shall not, without the prior written consent of this AgreementParent, including Section 4.02, as if such take any action with respect to a Delayed Transfer Employee commenced employment with that would have been prohibited under the Destination Employer as Merger Agreement if such action had taken place following the effective date of the Distribution as contemplated by Section 2.01Merger Agreement but prior to the Closing.

Delayed Transfer Employees. To the extent that applicable Law or any arrangement with a Governmental Authority Entity prevents the Parties from causing any (a) Honeywell RemainCo Employee who is intended to be a SpinCo Employee to be employed by a member of the SpinCo Group as of immediately following the Distribution Date as contemplated by Section 2.01 or (b) SpinCo Employee who is intended to be a Honeywell Employee to be employed by a member of the Honeywell Group as of immediately following the Distribution 2.1 (each such employee, a “Delayed Transfer Employee” and the SpinCo Group or Honeywell Group entity to which such Delayed Transfer Employee is intended to be transferred, the “Destination Employer”), the Parties shall use commercially reasonable efforts to ensure that (i) such Delayed Transfer Employee becomes employed by the Destination Employer at the earliest time permitted by applicable Law or such agreement with a Governmental Authority Entity and (ii) the Destination Employer receives the benefit of such Delayed Transfer Employee’s services from and after the DistributionDistribution Date, including under the TSA Transition Services Agreement or by entering into an employee leasing or similar arrangementarrangement (which shall provide for full reimbursement of the RemainCo Group for compensation and other costs incurred by the RemainCo Group in connection with such delay). “Delayed Transfer Employee” shall also include any Honeywell RemainCo Employee who, following the DistributionDistribution Date, provides services to the SpinCo Group under the TSA Transition Services Agreement and whose employment employment, as mutually agreed by the Parties, is intended by Honeywell to transfer to the SpinCo Group following the completion of the applicable TSA Transition Services Agreement service, and with respect to such Delayed Transfer Employees, the Parties shall use commercially reasonable efforts to ensure that any such Delayed Transfer Employee becomes employed by the SpinCo Group as soon as practicable following the completion of the applicable TSA Transition Services Agreement service. From and after the commencement of a Delayed Transfer Employee’s employment with the Destination Employer, such Delayed Transfer Employee shall be treated for all purposes of this Agreement, including Section 4.024.2, as if such Delayed Transfer Employee commenced employment with the Destination Employer as of the Distribution Date as contemplated by Section 2.012.1 and the SpinCo Group and RemainCo Group shall use commercially reasonable efforts to cooperate with each other in transferring any Liabilities and Assets related to such Delayed Transfer Employee in accordance with the general principles set forth herein.

Delayed Transfer Employees. To the extent that applicable Law With respect to each Outdoor Products Employee listed on Schedule B (an “Outdoor Products TSA Employee”), Vista Outdoor (or any arrangement with a Governmental Authority prevents the Parties from causing any (a) Honeywell Employee who is intended to be a SpinCo Employee to be employed by a member of the SpinCo Group Vista Outdoor Group) shall make an offer of employment to such individual no later than the last day of the Applicable Termination Date (as of immediately following defined in the Distribution as contemplated by Section 2.01 Transition Services Agreement) for the Transition Services Agreement service to which such individual’s employment relates. With respect to each Vista Outdoor Employee listed on Schedule C (a “Vista Outdoor TSA Employee” and, collectively with each Outdoor Products TSA Employee, the “TSA Employees”), Outdoor Products (or (b) SpinCo Employee who is intended to be a Honeywell Employee to be employed by a member of the Honeywell Group as Outdoor Products Group) shall make an offer of immediately following employment to such individual no later than the Distribution (each such employee, a “Delayed Transfer Employee” and last day of the SpinCo Group or Honeywell Group entity Applicable Termination Date for the Transition Services Agreement service to which such Delayed Transfer individual’s employment relates. Offers of employment described in this Section 2.05 shall be on substantially similar terms and conditions, including in respect of compensation and benefits, as those provided to the applicable TSA Employee is intended immediately prior to the Distribution, except for merit wage adjustments in the ordinary course of business or as may otherwise be transferredagreed in writing by the Parties. Following the employment commencement date provided in any offer of employment described in this Section 2.05, the “Destination Employer”), the Parties shall use commercially reasonable efforts to ensure that (i) such Delayed Transfer each Party shall recognize all service recognized under the comparable Benefit Plans of the other Party in respect of the applicable TSA Employee becomes employed for purposes of determining eligibility, participation, vesting and calculation of benefits under comparable plans and programs maintained by the Destination Employer at the earliest time permitted by applicable Law Vista Outdoor Group or Outdoor Products Group, as applicable; provided that there shall be no duplication of benefits for such agreement with a Governmental Authority TSA Employee under such plans and programs and (ii) no member of the Destination Employer receives the benefit of such Delayed Transfer Employee’s services from and after the Distribution, including under the TSA or by entering into an employee leasing or similar arrangement. “Delayed Transfer Employee” Outdoor Products Group shall also include any Honeywell Employee who, following the Distribution, provides services continue to provide employment to the SpinCo applicable Outdoor Products TSA Employee and no member of the Vista Outdoor Group under the TSA and whose shall continue to provide employment is intended by Honeywell to transfer to the SpinCo Group following the completion of the applicable Vista Outdoor TSA service, and with respect to such Delayed Transfer Employees, the Parties shall use commercially reasonable efforts to ensure that any such Delayed Transfer Employee becomes employed by the SpinCo Group as soon as practicable following the completion of the applicable TSA serviceEmployee. From and after the commencement of a Delayed Transfer Employee’s employment with the Destination Employer, such Delayed Transfer Employee shall be treated for For all purposes of this Agreement, including Section 4.02each Outdoor Products TSA Employee shall be deemed an Outdoor Products Employee and each Vista Outdoor TSA Employee shall be deemed a Vista Outdoor Employee, in each case, until his or her termination of continuous service with the Outdoor Products Group or Vista Outdoor Group, as if such Delayed Transfer Employee commenced employment with the Destination Employer as of applicable, following the Distribution as contemplated by Date in accordance with this Section 2.012.05. The Parties shall reasonably cooperate to the extent necessary to give proper effect to the other provisions of this Agreement in connection with any TSA Employee.

Delayed Transfer Employees. To the extent that applicable Law or any arrangement with a Governmental Authority prevents the Parties from causing (i) any (a) Honeywell Employee who is intended to be a SpinCo Group 1 Employee, Group 2 Employee, or Group 3 Employee to be employed by a member of the SpinCo Group as of immediately following the Distribution as contemplated by Section 2.01 Time or (bii) SpinCo any Employee who is intended to be a Honeywell Moon Employee to be employed by a member of the Honeywell Moon Group as of immediately following the Distribution Time (each such employee, a “Delayed Transfer Employee,” and the SpinCo Group Entity or Honeywell Group entity Moon Entity to which such Delayed Transfer Employee is intended to be transferred, the “Destination Employer”), the Parties shall use commercially reasonable efforts to ensure that (ix) such Delayed Transfer Employee becomes employed by the Destination Employer at the earliest time permitted by applicable Law or such agreement with a Governmental Authority and (iiy) the Destination Employer receives the benefit of such Delayed Transfer Employee’s services from and after the DistributionDistribution Time, including under the TSA Transition Services Agreement or by entering into an employee leasing or similar arrangement. “Delayed Transfer Employee” shall also include any Honeywell scheduled Group 4 Employee who, following the DistributionDistribution Time, provides services to the SpinCo Group under the TSA Transition Services Agreement and whose employment is intended by Honeywell Moon to transfer to the SpinCo Group following the completion of the applicable TSA Transition Services Agreement service, and with respect to such Delayed Transfer Employees, the Parties shall use commercially reasonable efforts to ensure that any such Delayed Transfer Employee becomes employed by the SpinCo Group as soon as practicable following the completion of the applicable TSA Transition Services Agreement service. From and after the commencement of a Delayed Transfer Employee’s employment with the Destination Employer, such Delayed Transfer Employee shall be treated for all purposes of this Agreement, including Section 4.02, Agreement as if such Delayed Transfer Employee commenced employment with the Destination Employer as of the Distribution as contemplated by Section 2.01Distribution.