Common use of Relocation Agreements Clause in Contracts

Relocation Agreements. Halyard shall have the right to enforce and receive any payments pursuant to any relocation agreement previously entered into by ▇▇▇▇▇▇▇▇-▇▇▇▇▇ and any Transferred Employee that provides for reimbursement or penalties if the Transferred Employee voluntarily terminates employment with ▇▇▇▇▇▇▇▇-▇▇▇▇▇ or Halyard before the end of the applicable repayment period. The relocation agreements with Business Employees currently in force will be agreed upon between ▇▇▇▇▇▇▇▇-▇▇▇▇▇ and Halyard. To the extent that Halyard is unable directly to enforce such relocation agreement provisions, ▇▇▇▇▇▇▇▇-▇▇▇▇▇ shall take all reasonable steps to provide assistance to Halyard to do so or to receive the benefit of having done so, including (without limitation) novating or assigning such relocation agreement to Halyard or taking reasonable steps to recover any such payment (to be paid, net of all recovery costs including attorney’s fees, to Halyard).

Appears in 2 contracts

Sources: Employee Matters Agreement (Halyard Health, Inc.), Employee Matters Agreement (Halyard Health, Inc.)