Examples of Keysight Group in a sentence
Agilent shall in good faith advise Keysight as soon as reasonably practicable after the Distribution (and in any event no later than six (6) months after the close of the Tax period in which the Distribution occurs) in writing of the portion, if any, of any earnings and profits, Tax Attribute, overall foreign loss or other consolidated, combined or unitary attribute which Agilent determines shall be allocated or apportioned to the Keysight Group under applicable Tax law.
Keysight or one (1) or more other members of the Keysight Group shall own (i) all insurance policies, insurance contracts and claim administration contracts established in contemplation of the Distribution to cover only one (1) or more members of the Keysight Group after the Effective Time and (ii) the insurance policies, insurance contracts and claims administration contracts listed on Schedule 6.3(c)) (collectively, the “Keysight Insurance Policies”).
As of the Operational Separation Date, Keysight shall cause the Keysight Retirement Plan to assume all Liabilities under the Agilent Retirement Plan for Keysight Group Employees and the Keysight Master Trust to accept Assets with respect to such assumed Liabilities and the Agilent Master Trust shall transfer such Assets to the Keysight Master Trust and the Agilent Retirement Plan shall be relieved of such Liabilities.
The rights of each member of the Agilent Group and each member of the Keysight Group to amend, waive, or terminate any Benefit Plan, arrangement, agreement, program, or policy referred to herein shall not be limited in any way by this Agreement.
The parties acknowledge that the Agilent Group or the Keysight Group may provide administrative services for certain of the other party’s compensation and benefit programs for the period stated under the terms of the Services Agreement.
International Relocation Benefit Plan, Keysight shall not assume the Liabilities in respect of any Agilent Group Employee or Keysight Group Employee if such Liability is or was funded by or through Foundation Pour La Prevoyance Internationale de Agilent Technologies and the terms of the Keysight, Inc.
In furtherance thereof, in the event of any dispute or disagreement (a “Tax Dispute”) between any member of the Agilent Group and any member of the Keysight Group as to the interpretation of any provision of this Agreement or the performance of obligations hereunder, the Tax departments of the Companies shall negotiate in good faith to resolve the Tax Dispute.
On or within 30 days following the Operational Separation Date, to the extent that there are assets attributable to premium payments made by the Keysight Group Employees in the Agilent Retiree Medical Trust, such assets will be transferred to the Keysight Retiree Medical Trust.
If the terms of the Keysight Variable Pay Plans provide for eligibility, Keysight Group Employees and Subsequently Transferred Employees shall be eligible to participate in the Keysight Variable Pay Plans immediately following the Effective Time.
Subject to any limitation imposed by applicable Law and to the extent that it has not done so before the Operational Separation Date, Agilent shall transfer to Keysight any and all employment records (including any Form I-9, Form W-2 or other IRS forms) with respect to Keysight Group Employees (and Subsequently Transferred Keysight Employee) and other records reasonably required by Keysight to enable Keysight properly to carry out its obligations under this Agreement.