Employee Matters Covenants. Section 6.1 Continuation of Employment 73 Section 6.2 Terms and Conditions of Employment 73 Section 6.3 Service Credit 74 Section 6.4 Health Coverages 75 Section 6.5 Accrued Vacation, Sick Leave and Personal Time 75 Section 6.6 Cash Incentive Compensation 75 Section 6.7 Collective Bargaining Agreements 76 Section 6.8 Labor Consultations 76 Section 6.9 Seller Benefit Plans; Transferred Entity Benefit Plans 76 Section 6.10 No Third Party Beneficiaries 77 Section 6.11 Privacy Matters 77 Section 6.12 Subject Jurisdiction Put Option 78 Section 6.13 Financing Cooperation 82 ARTICLE VII TAX MATTERS Section 7.1 Tax Returns 84 Section 7.2 Tax Contests 84 Section 7.3 Cooperation and Exchange of Information 85 Section 7.4 Tax Sharing Agreements 85 Section 7.5 Tax Treatment of Payments 85 Section 7.6 Certain Tax Elections 86 Section 7.7 Additional Post-Closing Tax Covenant 86 Section 7.8 Transfer Taxes 86 Section 7.9 Withholding Rights 87 Section 7.10 VAT 87 Section 7.11 Tax Treatment of Transactions 87 Section 7.12 Allocation of Purchase Price 87 Section 7.13 Straddle Periods 88 ARTICLE VIII CONDITIONS TO OBLIGATIONS TO CLOSE Section 8.1 Conditions to Obligation of Each Party to Close 88 Section 8.2 Conditions to Purchaser’s Obligation to Close 88 Section 8.3 Conditions to Parent’s, the Seller’s and the Company’s Obligation to Close 89 Section 8.4 Frustration of Closing Conditions 89 ARTICLE IX
Employee Matters Covenants. 6.1 Treatment of Transferred Employees 66 6.2 WARN and Corresponding State Laws 69
Employee Matters Covenants. 48 12.1 General...............................................48 12.2
Employee Matters Covenants. Section 6.1 Continuation of Employment 73 Section 6.2 Terms and Conditions of Employment 73 Section 6.3 Service Credit 74 Section 6.4 Health Coverages 75 Section 6.5 Accrued Vacation, Sick Leave and Personal Time 75 Section 6.6 Cash Incentive Compensation 75 Section 6.7 Collective Bargaining Agreements 76 Section 6.8 Labor Consultations 76 Section 6.9 Seller Benefit Plans; Transferred Entity Benefit Plans 76 Section 6.10 No Third Party Beneficiaries 77 Section 6.11 Privacy Matters 77 Section 6.12 Subject Jurisdiction Put Option. 78 Section 6.13 Financing Cooperation 82
Employee Matters Covenants. Section 6.01 Offers of Employment; Transfers of Employment 65 Section 6.02 Compensation and Benefits 67 Section 6.03 Health Coverage 68 Section 6.04 Severance 68 Section 6.05 WARN 68 Section 6.06 Accrued Vacation and Sick Leave 68 Section 6.07 COBRA 69 Section 6.08 401(k) Plan 69 Section 6.09 Flexible Spending Accounts 69 Section 6.10 Allocation of Liabilities 70 Section 6.11 Post-Closing Transaction Bonuses 70 Section 6.12 W-2 Matters 71 Section 6.13 Treatment of International Business Employees 71 Section 6.14 Employee Communications 71 Section 6.15 No Third-Party Beneficiaries 71 Section 6.16 Certain Notifications 72 ARTICLE 7
Employee Matters Covenants. Section 6.1 Terms and Conditions of Employment 62 Section 6.2 Service Credit 63 Section 6.3 Welfare Plans 63 Section 6.4 Incentive Compensation 63 Section 6.5 Retention Agreements 64 Section 6.6 Immigration Compliance 64 Section 6.7 Employee Management Committee 65 Section 6.8 Benefit Plans; Other Employee-Related Liabilities 65 Section 6.9 No Third Party Beneficiaries 65 ARTICLE VII TAX MATTERS
Employee Matters Covenants. 12.1 General 12.2 Welfare Plans 12.3 Severance Benefit
Employee Matters Covenants. 6.1 Transfer of Employees 44 6.2 Compensation and Employee Benefits 45 6.3 Transferred Entity Benefit Plans 47 6.4 Defined Benefit Pension Plans 47 6.5 U.S. Defined Contribution Plans 49 6.6 International Defined Contribution Plans 50 6.7 Deferred Compensation Plans 51 6.8 Equity Compensation 52
Employee Matters Covenants. Section 6.1 Transfer of Business Employees 66 Section 6.2 Terms and Conditions of Employment 67 Section 6.3 Service Credit 67 Section 6.4 Health Coverages 68 Section 6.5 Severance Indemnity 68 Section 6.6 Accrued Vacation, Sick Leave and Personal Time 69 Section 6.7 Cash Incentive Compensation 69 Section 6.8 Parent Benefit Plans; Transferred Entity Benefit Plans 69 Section 6.9 No Third Party Beneficiaries 70 ARTICLE VII
Employee Matters Covenants. Section 6.1 Transfer of Business Employees 64 Section 6.2 Terms and Conditions of Employment 64 Section 6.3 Service Credit 65 Section 6.4 Health Coverages 65 Section 6.5 Welfare Plans 65 Section 6.6 Flexible Spending Accounts 66 Section 6.7 Severance and Other Termination Liabilities 66 Section 6.8 Accrued Vacation, Sick Leave and Personal Time 66 Section 6.9 Cash Incentive Compensation 67 Section 6.10 Retention Agreements 67 Section 6.11 Deferred Compensation 67 Section 6.12 U.S. Defined Contribution Plans 67 Section 6.13 Equity Awards 67 Section 6.14 Immigration Compliance 67 Section 6.15 Communications 68 Section 6.16 Franchise Employees 68
