Adient Group definition
Examples of Adient Group in a sentence
In no event shall any Adient Group Employee or Former Adient Group Employee be entitled to any payments under the ▇▇▇▇▇▇▇ Controls Short-Term Incentive Plans for any period after the 2016 fiscal year of ▇▇▇▇▇▇▇ Controls.
Before the Effective Time, Adient shall, or shall cause another member of the Adient Group to, establish the Adient Short-Term Incentive Plans.
From and after the Effective Time, Adient Group Employees shall cease to have Savings Supplemental Accounts in the ▇▇▇▇▇▇▇ Controls Retirement Restoration Plan.
As of the Effective Time, the Adient Group shall retain (or establish or assume to the extent necessary) sponsorship of the Adient Non-U.S. Welfare Plans, and, from and after the Effective Time, all Assets and Liabilities thereunder shall be the Assets and Liabilities of the Adient Group.
The restrictions under this Section 3.02 shall not apply to any Former ▇▇▇▇▇▇▇ Controls Group Employee or Former Adient Group Employee whose most recent employment with ▇▇▇▇▇▇▇ Controls and its Subsidiaries was terminated prior to the Effective Time.
No Adient Group Employee shall be entitled to a distribution of his or her benefit under the ▇▇▇▇▇▇▇ Controls U.S. Savings Plan or Adient U.S. Savings Plan as a result of such transfer of employment.
In making any decisions in connection with any Competent Authority Proceeding described in this Section 9.02(c) (including the determination whether to initiate such Competent Authority Proceeding, relief to be sought pursuant to such Competent Authority Proceeding and actions to be taken in connection with such Competent Authority Proceeding), the Companies shall seek to minimize the aggregate Tax Liability of the ▇▇▇▇▇▇▇ Controls Group and the Adient Group.
For the absence of doubt, ▇▇▇▇▇▇▇ Controls shall not be liable to Adient or any member of the Adient Group for any failure of any determination under this Section 3.07 to be accurate under applicable Law.
To the extent not inconsistent with this Agreement, the Separation and Distribution Agreement, or any applicable privacy protection Laws or regulations, reasonable access to Employee-related records after the Effective Time will be provided to members of the ▇▇▇▇▇▇▇ Controls Group and members of the Adient Group pursuant to the terms and conditions of Article VI of the Separation and Distribution Agreement.
Nothing in this Agreement shall create any obligation on the part of any member of the ▇▇▇▇▇▇▇ Controls Group or any member of the Adient Group to (i) continue the employment of any Employee or permit the return of any Employee from a leave of absence for any period after the date of this Agreement (except as required by applicable Law) or (ii) change the employment status of any Employee from “at-will,” to the extent that such Employee is an “at-will” employee under applicable Law.