Common use of HR DATA SUPPORT SYSTEMS Clause in Contracts

HR DATA SUPPORT SYSTEMS. Cadence shall provide human resources data support for Tality Employees and Tality Transferred Employees through Independence Date (or such other period as Cadence, the Partnership and Tality may mutually agree). The Partnership agrees to fully reimburse Cadence for any and all direct and indirect costs and expenses associated with its use of the Cadence human resources data support systems, subject to the Master Corporate Services Agreement. If Cadence and the Partnership agree to extend the time period beyond Independence Date, then the costs and expenses shall be computed in accordance with Independence Date. Cadence and the Partnership each reserves the right to discontinue the Partnership's access to any Cadence human resources data support systems with ninety (90) days notice (or such other period as Cadence, the Partnership and Tality may mutually agree).

Appears in 1 contract

Sources: Employee Matters Agreement (Tality Corp)

HR DATA SUPPORT SYSTEMS. Cadence shall provide human resources data support for Tality Employees and Tality Transferred Employees through Independence Date (or such other period as Cadence, the Partnership and Tality may mutually agree). The Partnership agrees to fully reimburse Cadence for any and all direct and indirect costs and expenses associated with its use of the Cadence human resources data support systems, subject to the Master Corporate Services Agreement. If Cadence and the Partnership agree to extend the time period beyond Independence Date, then the costs and expenses shall be computed in accordance with commencing from the Independence Date. Cadence and the Partnership each reserves the right to discontinue the Partnership's access to any Cadence human resources data support systems with ninety (90) days notice (or such other period as Cadence, the Partnership and Tality may mutually agree).

Appears in 1 contract

Sources: Employee Matters Agreement (Cadence Design Systems Inc)