Common use of Employees with Work Visas or Permits; License to Do Business Clause in Contracts

Employees with Work Visas or Permits; License to Do Business. Notwithstanding anything to the contrary in Section 3.1: (i) Xxxx Xxxxxxx Employees who, on the Separation Date, are employed pursuant to a work or training visa or permit which authorizes employment only by the a member of the BMS Group shall remain employed by such member of the BMS Group until the visa or permit is amended or a new visa or permit is granted to authorize employment by a member of the Xxxx Xxxxxxx Group; and (ii) in the event that any Affiliate of Xxxx Xxxxxxx is not licensed to do business in its primary place of business, the Xxxx Xxxxxxx Employees at such place of business shall remain employed by a member of the BMS Group until such license is granted. At the time such amended or new visa or license to do business is issued, such Xxxx Xxxxxxx Employees shall become employees of a member of the Xxxx Xxxxxxx Group with substantially similar rights as all other Xxxx Xxxxxxx Employees. During the period from the Separation Date until the amended or new visa or permit or license to do business is issued, such employee shall continue to participate in BMS Plans and Xxxx Xxxxxxx shall, as and when invoiced by BMS, promptly reimburse BMS for its direct and indirect costs and expenses relating to compensation, employment and benefits.

Appears in 3 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Mead Johnson Nutrition Co), Employee Matters Agreement (Mead Johnson Nutrition Co)

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Employees with Work Visas or Permits; License to Do Business. Notwithstanding anything to the contrary in Section 3.1: 4.1(a): (i) Xxxx Xxxxxxx Foreign BMS Employees who, on the Separation Date, are employed pursuant to a work or training visa or permit which authorizes employment only by the a member of the BMS Xxxx Xxxxxxx Group shall remain employed by such member of the BMS Xxxx Xxxxxxx Group until the visa or permit is amended or a new visa or permit is granted to authorize employment by a member of the Xxxx Xxxxxxx BMS Group; and (ii) in the event that any Affiliate of Xxxx Xxxxxxx BMS is not licensed to do business in its primary place of business, the Xxxx Xxxxxxx Foreign BMS Employees at such place of business shall remain employed by a member of the BMS Xxxx Xxxxxxx Group until such license is granted. At the time such amended or new visa or license to do business is issued, such Xxxx Xxxxxxx Foreign BMS Employees shall become employees of a member of the Xxxx Xxxxxxx BMS Group with substantially similar rights as all other Xxxx Xxxxxxx Foreign BMS Employees. During the period from the Separation Date until the amended or new visa or permit or license to do business is issued, such employee shall continue to participate in BMS Xxxx Xxxxxxx Plans and Xxxx Xxxxxxx BMS shall, as and when invoiced by BMSXxxx Xxxxxxx, promptly reimburse BMS Xxxx Xxxxxxx for its direct and indirect costs and expenses relating to compensation, employment and benefits.

Appears in 3 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Mead Johnson Nutrition Co), Employee Matters Agreement (Mead Johnson Nutrition Co)

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