Common use of Employment Liabilities Clause in Contracts

Employment Liabilities. (a) CCR shall indemnify, defend and hold harmless the CCBCC Indemnified Parties against, and reimburse any CCBCC Indemnified Party for, all Losses that such CCBCC Indemnified Party may at any time suffer or incur, or become subject to, as a result of or in connection with (i) Employment-Related Obligations owed to any Business Employee (or their spouses or beneficiaries) to the extent arising prior to the Closing and (ii) any employees of CCR who are not hired by CCBCC hereunder. CCBCC shall indemnify, defend and hold harmless the TCCC Indemnified Parties against, and reimburse any TCCC Indemnified Party for, all Losses that such TCCC Indemnified Party may at any time suffer or incur, or become subject to, as a result of or in connection with Employment-Related Obligations owed to any Transferred Employee (or their spouses or beneficiaries) to the extent arising after the Closing. For purposes of this Employee Matters Agreement, “

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Coca Cola Co), Asset Exchange Agreement (Coca Cola Bottling Co Consolidated /De/)

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Employment Liabilities. (a) CCR CCBC United shall indemnify, defend and hold harmless the CCBCC Indemnified Parties against, and reimburse any CCBCC Indemnified Party for, all Losses that such CCBCC Indemnified Party may at any time suffer or incur, or become subject to, as a result of or in connection with (i) Employment-Related Obligations owed to any Business Employee (or their spouses or beneficiaries) to the extent arising prior to the Closing and (ii) any employees of CCR CCBC United who are not hired by the CCBCC Parties hereunder. The CCBCC Parties shall indemnify, defend and hold harmless the TCCC CCBC United Indemnified Parties against, and reimburse any TCCC CCBC United Indemnified Party for, all Losses that such TCCC CCBC United Indemnified Party may at any time suffer or incur, or become subject to, as a result of or in connection with Employment-Related Obligations owed to any Transferred Employee (or their spouses or beneficiaries) to the extent arising after the Closing. For purposes of this Employee Matters Agreement, “

Appears in 1 contract

Samples: Asset Exchange Agreement (Coca Cola Bottling Co Consolidated /De/)

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Employment Liabilities. (a) CCR The CCBCC Parties shall indemnify, defend and hold harmless the CCBCC CCBC United Indemnified Parties against, and reimburse any CCBCC CCBC United Indemnified Party for, all Losses that such CCBCC CCBC United Indemnified Party may at any time suffer or incur, or become subject to, as a result of or in connection with (i) Employment-Related Obligations owed to any Business Employee (or their spouses or beneficiaries) to the extent arising prior to the Closing and (ii) any employees of CCR the CCBCC Parties who are not hired by CCBCC CCBC United hereunder. CCBCC CCBC United shall indemnify, defend and hold harmless the TCCC CCBCC Indemnified Parties against, and reimburse any TCCC CCBCC Parties Indemnified Party for, all Losses that such TCCC CCBCC Indemnified Party may at any time suffer or incur, or become subject to, as a result of or in connection with Employment-Related Obligations owed to any Transferred Employee (or their spouses or beneficiaries) to the extent arising after the Closing. For purposes of this Employee Matters Agreement, “

Appears in 1 contract

Samples: Asset Exchange Agreement (Coca Cola Bottling Co Consolidated /De/)

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