Examples of Keysight Group in a sentence
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.
No Keysight Group Employee or Subsequently Transferred Keysight Employee shall be entitled to a right to a distribution of his or her benefit under the Agilent 401(k) Plan as a result of his or her transfer of employment from the Agilent Group to the Keysight Group.
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.
Nothing in this Agreement shall create any obligation on the part of any member of the Agilent Group or any member of the Keysight Group to (i) continue the employment of any Employee or permit the return 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.
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”).
No Returning Agilent Employee shall be entitled to a right to a distribution of his or her benefit under the Keysight DPSP as a result of his or her transfer of employment from the Keysight Group to the Agilent Group.
No Keysight Group Employee or Subsequently Transferred Keysight Employee shall be entitled to a right to a distribution of his or her benefit under the Agilent DPSP as a result of his or her transfer of employment from the Agilent Group to the Keysight Group.
Keysight shall use its reasonable best efforts to cause each Keysight Group Employee with an Individual Agreement that is a change in control severance agreement with Agilent, to enter into a change in control severance agreement with Keysight effective as of the Distribution Date.
Subject to Section 3.02(f), from time to time following the Operational Separation Date and ending on the Distribution Date, any individual (i) who immediately prior to the Operational Separation Date was an employee of Agilent or one of its affiliates and (ii) who is actively employed by, or on a leave of absence from, the Keysight Group may move to the employ of the Agilent Group from the Keysight Group (“Returning Agilent Employee”).
Except to the extent otherwise provided in Section 6.3(d), in no event will Agilent, any other member of the Agilent Group or any Agilent Indemnified Party have any Liability or obligation whatsoever to any member of the Keysight Group if any Insurance Policy is terminated or otherwise ceases to be in effect for any reason, is unavailable or inadequate to cover any Liability of any member of the Keysight Group for any reason whatsoever, or is not renewed or extended beyond the current expiration date.