Labour Litigation Clause Samples

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Labour Litigation. 9.1.1 In the event that a Buyer or any Subsidiary suffers any Damages in excess of the Judicial Deposits as a result of or in connection with any Dispute with any current or former employee, consultant, officer or director of Atento Brazil, or with any relevant union or other employee representative body, the basis of which Dispute arose or arises on or prior to the Closing Date (a “Labour Dispute”), the Seller hereby covenants to indemnify, defend and hold each of the Buyers harmless against all such Damages in excess of the Judicial Deposits. The Buyer may bring an indemnity claim against the Seller for any such Labour Disputes no later than three months of the expiry of the relevant legal statute period of limitations. 9.1.2 The Buyers shall procure that (except as may be required by applicable law or regulation) after Closing all Labour Disputes are conducted by the Subsidiaries in the ordinary course and consistent with past practice. 9.1.3 The Seller may, at its discretion and at any time, decide to take over conduct of all or a portion of the Labour Disputes. In this event, the provisions of Clause 8.5.2 shall apply mutatis mutandis.
Labour Litigation. Exhibit 12.1.8.8 includes a list being correct, as of Signing Date only, of labour litigation of (i) Seller with respect to the Munich Product Marketing Employees and/or the Heidenheim R&D Employees or (ii) EPCOS Portugal with respect to its employees, which are pending (rechtshängig) or to Seller’s Best Knowledge threatened.