Common use of Workers’ Compensation Liabilities Clause in Contracts

Workers’ Compensation Liabilities. All workers’ compensation Liabilities relating to, arising out of, or resulting from any claim by a Parent Employee, Former Parent Employee, Xxxx Employee or Former Xxxx Employee that results from an accident occurring, or from an occupational disease which becomes manifest, prior to the A/L Split Date shall be retained by Parent; provided, however, that Xxxx promptly shall reimburse Parent for any such Liabilities relating to Xxxx Employees or Former Xxxx Employees borne by Parent on or after the A/L Split Date. All workers’ compensation Liabilities relating to, arising out of, or resulting from any claim by a Parent Employee or Former Parent Employee that results from an accident occurring, or from an occupational disease which becomes manifest, on or after the A/L Split Date shall be retained by Parent. All workers’ compensation Liabilities relating to, arising out of, or resulting from any claim by an Xxxx Employee or Former Xxxx Employee that results from an accident occurring, or from an occupational disease which becomes manifest, on or after the A/L Split Date shall be retained by Xxxx. For purposes of this Agreement, a compensable injury shall be deemed to be sustained upon the occurrence of the event giving rise to eligibility for workers’ compensation benefits or at the time that an occupational disease becomes manifest, as the case may be. Parent, Xxxx and the other Xxxx Entities shall cooperate with respect to any notification to appropriate governmental agencies and the issuance of new, or the transfer of existing, workers’ compensation insurance policies and claims handling contracts.

Appears in 4 contracts

Samples: Employee Matters Agreement (Arlo Technologies, Inc.), Employee Matters Agreement (Netgear, Inc), Employee Matters Agreement (Arlo Technologies, Inc.)

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Workers’ Compensation Liabilities. All Except as provided below, all workers' compensation Liabilities relating to, arising out of, or resulting from any claim by a Parent Employee, Former Parent Employee, Xxxx Xxxxx Xxxxxxx Employee or and Former Xxxx Xxxxx Xxxxxxx Employee that results from an accident occurring, or from an occupational disease which becomes manifest, prior to before the A/L Split Close of the Distribution Date shall be retained by Parent; provided, however, that Xxxx promptly shall reimburse all amounts payable by Parent for relating to, arising out of or resulting from any such Liabilities relating claim by a Xxxxx Xxxxxxx Employee shall be deemed to Xxxx Employees or Former Xxxx Employees borne be a Xxxxx Xxxxxxx Liability for purposes of the Insurance Matters Agreement and shall be paid by Parent on or after Xxxxx Xxxxxxx as set forth in the A/L Split DateInsurance Matters Agreement. All workers' compensation Liabilities relating to, arising out of, or resulting from any claim by a Parent Employee, Former Parent Employee or Former Parent Xxxxx Xxxxxxx Employee that results from an accident occurring, or from an occupational disease which becomes manifest, on or after the A/L Split Distribution Date shall be retained by Parent. All workers' compensation Liabilities relating to, arising out of, or resulting from any claim by an Xxxx Employee or Former Xxxx a Xxxxx Xxxxxxx Employee that results from an accident occurring, or from an occupational disease which becomes manifest, on or after the A/L Split Distribution Date shall be retained by XxxxXxxxx Xxxxxxx. For purposes of this Agreement, a compensable injury shall be deemed to be sustained upon the occurrence of the event giving rise to eligibility for workers' compensation benefits or at the time that an occupational disease becomes manifest, as the case may be. Parent, Xxxx Xxxxx Xxxxxxx and the other Xxxx Xxxxx Xxxxxxx Entities shall cooperate with respect to any notification to appropriate governmental agencies of the Distribution and the issuance of new, or the transfer of existing, workers' compensation insurance policies and claims handling contracts.

Appears in 1 contract

Samples: Employee Benefits Agreement (Piper Jaffray Companies)

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