Common use of Expatriate Employees Clause in Contracts

Expatriate Employees. The Dearborn Business Employees listed in the Schedule to this Section are referred to as the "Expatriate Employees." Each Expatriate Employee has relocated from the country where he or she was a citizen or resident, and is a party to one of the agreements listed in the Schedule to this Section regarding relocation payments, home leave, repatriation rights and other matters (the "Expatriate Agreements"). Grace has delivered or made available to Buyer complete copies of the written Expatriate Agreements and a written summary of all other Expatriate Agreements, as currently in effect. At the Closing Date, the Buyer Group shall assume (i) all obligations of the Grace Group under the Expatriate Agreements with respect to each Expatriate Employee who accepts employment with the Buyer Group, and (ii) all severance and repatriation obligations of the Grace Group under the Expatriate Agreements related to the termination of each Expatriate Employee who does not accept employment with the Buyer Group.