ABI Group definition
Examples of ABI Group in a sentence
Certain sublicenses to these patents are administered through Applera Corporation’s ABI Group.
Certain sublicenses to these patents are administered through Applera Corporation's ABI Group.
Subject to Applicable Laws, all information and records regarding employment and personnel matters of the ABI Personnel shall be retained after the Distribution Time by members of the ABI Group in accordance in all material respects with Applicable Laws relating to the collection, storage, retention and disclosure of such information and records.
The parties agree to negotiate in good faith with the SpinCo Personnel and any third parties, if applicable, to cause the foregoing Liabilities to be assumed by SpinCo on terms no less favorable to SpinCo than those that apply to the ABI Parties and to have the ABI Group fully released from such Liabilities.
From and after the Distribution Time, each ABI Employee shall remain an employee of the ABI Group and each SpinCo Employee shall remain an employee of the SpinCo Group; provided that nothing contained herein shall be construed to limit the ability of any member of the ABI Group or SpinCo Group to terminate the employment of any of its employees at any time and for any or no reason.
Subject to Applicable Laws, members of the ABI Group shall be entitled to retain copies of any such information and records with respect to any of the SpinCo Personnel so transferred to the SpinCo Group in which a member of the ABI Group has an interest, as determined by ABI in its reasonable discretion (including for this purpose the continued provision of benefits pursuant to this Agreement).
The SpinCo Group and the ABI Group shall retain all Information in accordance with Section 7.4 of the Separation Agreement.
Subject to Section 2.01(c), effective as of immediately prior to the Distribution Time, (i) the employment of each SpinCo Personnel shall be transferred to SpinCo and/or another member of the SpinCo Group as determined by SpinCo, and (ii) the employment of each ABI Employee shall remain an employee of, as applicable, ABI, ABI LLC and/or another member of the ABI Group as determined by ABI.
If any of the foregoing Liabilities cannot be assumed by SpinCo and the ABI Group released therefrom for a reason beyond the control of the parties hereto, including the refusal of any such third party to consent to such an assumption and release, then SpinCo shall reimburse the ABI Group in the event that any such Liabilities are paid by the ABI Group, in accordance with Section 7.03, as though it had been assumed and paid by SpinCo.
Notwithstanding any limitations and restrictions set forth in Article VII of the Separation and Distribution Agreement, the ABI Parties shall be entitled to reasonable access, subject to Applicable Laws, to such information and records necessary to their or their Subsidiaries’ administration of any Benefit Plans sponsored or maintained by any member of the ABI Group or as otherwise required by Applicable Laws.