Common use of Expatriate Employees Clause in Contracts

Expatriate Employees. The general principles to be applied in relation to those Employees who are employed in the Transferring Business as at the Completion Date in a country which is not their home country ("EXPATRIATES") are that: (A) the Purchaser shall provide or procure the provision of Benefits to Expatriates in accordance with the terms promised to those Expatriates by the relevant member of the Vendor's Group or any Company; and (B) the Vendor and the Purchaser shall, in relation to each such Expatriate, agree the most appropriate and cost effective way for those Benefits to be provided having regard to applicable laws and tax regimes.

Expatriate Employees. The general principles to be applied in relation to those Employees who are employed in the Transferring Business as at the Completion Date in a country which is not their home country ("EXPATRIATES"“Expatriates”) are that: (A) the Purchaser shall provide or procure the provision of Benefits to Expatriates in accordance with the terms promised to those Expatriates by the relevant member of the Vendor's ’s Group or any Company; and (B) the Vendor and the Purchaser shall, in relation to each such Expatriate, agree the most appropriate and cost effective way for those Benefits to be provided having regard to applicable laws and tax regimes.