Under Japanese labor laws, persons who are "primarily engaged" in a business that is subject to the corporate split and who are identi ed in the corporate split. "Japan Unions" means all labor unions and other labor organizations whose approval is necessary to carry out and to complete the Restructuring Plan in Japan.A checklist of the key considerations when drafting a put and call option agreement to make it compliant with. Most. Japanese commercial contracts contain a broadly drafted clause prohibiting the assignment of the agreement to a third-party. In this ultimate guide, we will unravel the mysterious world of buyout agreements and show you stepbystep how to navigate them like a pro.