Common use of Employees on Leave of Absence Clause in Contracts

Employees on Leave of Absence. After the Distribution Date, Park Place shall assume responsibility, if any, as employer for all Employees returning from an approved leave of absence who prior to the Distribution Date were employed in a Park Place Business. After the Distribution Date, Hilton shall assume responsibility, if any, as employer for all Employees returning from an approved leave of absence who prior to the Distribution Date were not employed in a Park Place Business.

Appears in 2 contracts

Sources: Allocation Agreement (Hilton Hotels Corp), Employee Benefits and Other Employment Matters Allocation Agreement (Park Place Entertainment Corp)