Employee Matters Agreement With Connection With Efel

• Category: Corporations - Public - Employees
• State: Multi-State
• Control #: US-EG-9310
• Format: Word; Rich Text

Description

The Employee Matters Agreement with connection with efel is a significant legal document that outlines the amendments made to the original Employee Matters Agreement dated May 11, 1999. This amendment, dated July 30, 1999, addresses updates regarding employee categories such as Inactive Non-Transferred Employees and Inactive Transferred Employees, defining their roles and responsibilities within Motorola and its subsidiaries. Key features include the indemnification of Semiconductor Components Industries, LLC (SCI LLC) pertaining to certain transferred employees and stipulations on the transfer of employee benefit plans across different jurisdictions. Instructions for filling and editing the form suggest users should ensure alignment with local regulations when dealing with employee transfers and benefits. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who oversee employee agreements and corporate restructuring as it ensures legal compliance during transitions and protects against potential liabilities. The proper use of this form helps organizations manage employee relations efficiently while navigating the complexities of labor laws in multiple regions, particularly in relation to employee benefits and compensation.