Examples of Questar Group in a sentence
QEP acknowledges and agrees that, except as otherwise provided herein, it shall have full responsibility with respect to any Liabilities and the payment or performance of any obligations arising out of or relating to any employment, consulting, non-competition, retention or other compensatory arrangement previously provided by any member of the Questar Group or QEP Group to any QEP Participant.
Notwithstanding the foregoing, QEP shall not assume or retain any workers’ compensation Liability relating to, arising out of, or resulting from any claim by a QEP Employee that results from an accident, incident or event occurring, or from an occupational disease which becomes manifest, while such QEP Employee was employed by any member of the Questar Group (such a claim, a “Questar Retained Claim”).
Questar and QEP acknowledge and agree that the transactions contemplated by this Agreement and the Separation Agreement shall not constitute a termination of employment of any QEP Participant for purposes of any policy, plan, program or agreement of Questar or QEP or any member of the Questar Group or QEP Group that provides for the payment of severance, separation pay, salary continuation or similar benefits in the event of a termination of employment.
For purposes of clarification, the Liabilities assumed or retained by the Questar Group as provided for in this Section 2.1(a) are intended to be “Questar Liabilities” as such term is defined in the Separation Agreement.
The Questar Group shall have the sole responsibility for all employment-related claims regarding Questar Employees or Former Questar Employees relating to, arising out of, or resulting from the employment of such individuals within the Questar Business with respect to matters not covered in this Agreement, whether the basis for such claims arose before, on, or after the Distribution Date.
Questar acknowledges and agrees that, except as otherwise provided herein, it shall have full responsibility with respect to any Liabilities and the payment or performance of any obligations arising out of or relating to any employment, consulting, non-competition, retention or other compensatory arrangement previously provided by any member of the Questar Group or QEP Group to any Questar Participant.
Following the Distribution Date, Questar and QEP shall, or shall cause each of their respective Affiliates to, make available to each other those of their employees who may reasonably be needed in order to defend or prosecute any legal or administrative action (other than a legal action between Questar and QEP) to which any employee, director or Benefit Plan of the Questar Group or QEP Group is a party and which relates to their respective Benefit Plans prior to the Distribution Date.
QEP shall credit each QEP Participant with the amount of accrued PTO benefits as such QEP Participant had with the Questar Group as of the Distribution Date.
The Parties recognize that legal and other professional services that have been and will be provided prior to the Effective Date have been and will be rendered for the collective benefit of each of the members of the Questar Group and the QEP Group, and that each of the members of the Questar Group and the QEP Group should be deemed to be the client with respect to such pre-separation services for the purposes of asserting all privileges which may be asserted under applicable Law.
Questar, as common parent of the Questar Group, shall continue to have discretion, reasonably exercised, to make any and all elections with respect to all members of the Pre-Spin Group for all Tax Periods for which it is obligated to file Tax Returns under Section 2.1(a).