Employee Matters Agreement Schedule 2.4(a) between Motorola, Inc., SCG Holding Corporation and Semiconductor Components Industries, LLC regarding SCG documents containing terms and conditions of employment by country dated May 9, 1999. 36 pages.
Title: Hawaii Employee Matters Agreement: Comprehensive Overview for SG Documents with Motorola, Inc., SG Holding Corp, and Semiconductor Components Industries, LLC Introduction: The Hawaii Employee Matters Agreement (EMA) is a crucial legal contract between Motorola, Inc., SG Holding Corp, and Semiconductor Components Industries, LLC (SG), outlining various employment-related matters concerning SG's personnel during their transition or employment within the state of Hawaii. This article provides a detailed description of the EMA's essential aspects while incorporating relevant keywords. 1. Purpose of the Agreement: The Hawaii Employee Matters Agreement primarily serves to establish clear guidelines and protocols for the treatment, compensation, benefits, and services relating to SG employees who are covered by Hawaiian labor laws and regulations. 2. Scope and Duration: The agreement outlines the definite time frame during which it remains in force, often commencing with the date of its execution and terminating upon the fulfillment of specified conditions, such as the completion of an acquisition, merger, or the discontinuation of operations. 3. Identification of Parties: The agreement identifies the principal parties involved as Motorola, Inc., SG Holding Corp, and Semiconductor Components Industries, LLC, as well as their respective subsidiaries, affiliates, and related entities. 4. Employee Transfer and Retention: This section of the agreement specifies the undertakings and obligations of the parties regarding the transfer of SG employees to Motorola or its subsidiaries. It provides details on the continuity of employment, terms and conditions, and the necessary employee documentation required during the process. 5. Employee Benefits: The EMA defines how employee benefits, including healthcare, retirement plans, stock options, and other fringe benefits, will be handled during the transition period, as well as post-transition. It outlines the respective responsibilities of each party in ensuring that employees continue to receive the benefits they are entitled to under Hawaii's labor laws. 6. Seniority and Vacation Entitlement: This section addresses the treatment of SG employees' seniority, accrued vacation, and other relevant entitlements in terms of calculating continuous service, job security, promotions, transfers, and other aspects governed by seniority. 7. Employee Compensation and Payroll Transition: The EMA covers employee compensation matters, addressing discrepancies in salaries, wage scales, commission structures, and any relevant differences between SG and Motorola's compensation systems. It provides guidance on the appropriate steps for achieving pay parity and outlines mechanisms for transferring payroll systems to ensure a smooth transition from SG to Motorola. 8. Employee Communication and Disclosure: The agreement stipulates the importance of maintaining consistent and transparent communication channels. This includes informing employees about the transition, addressing concerns, and ensuring confidentiality surrounding sensitive employee-related information. 9. Compliance with Laws and Regulations: The EMA underscores the obligation of all parties involved to comply with applicable federal, state, and local laws, regulations, and labor standards. It emphasizes the need to align employment practices with Hawaii's employment laws, inclusive of anti-discrimination, health, safety, and other regulatory provisions. 10. Non-Disclosure and Non-Competition: In some variations of the Hawaii Employee Matters Agreement, provisions related to non-disclosure and non-competition might be included. These clauses restrict employees from divulging trade secrets, proprietary information, or engaging in competitive activities detrimental to Motorola, SG Holding Corp, and Semiconductor Components Industries, LLC. Conclusion: The Hawaii Employee Matters Agreement is a significant document to ensure a seamless transition of SG employees during acquisitions, mergers, or operational changes involving Motorola, SG Holding Corp, and Semiconductor Components Industries, LLC. It covers essential aspects such as employee transfers, benefits, compensation, and compliance with legal requirements. Understanding the specifics of this agreement ensures a fair and lawful treatment of employees during transitions in Hawaii.
Title: Hawaii Employee Matters Agreement: Comprehensive Overview for SG Documents with Motorola, Inc., SG Holding Corp, and Semiconductor Components Industries, LLC Introduction: The Hawaii Employee Matters Agreement (EMA) is a crucial legal contract between Motorola, Inc., SG Holding Corp, and Semiconductor Components Industries, LLC (SG), outlining various employment-related matters concerning SG's personnel during their transition or employment within the state of Hawaii. This article provides a detailed description of the EMA's essential aspects while incorporating relevant keywords. 1. Purpose of the Agreement: The Hawaii Employee Matters Agreement primarily serves to establish clear guidelines and protocols for the treatment, compensation, benefits, and services relating to SG employees who are covered by Hawaiian labor laws and regulations. 2. Scope and Duration: The agreement outlines the definite time frame during which it remains in force, often commencing with the date of its execution and terminating upon the fulfillment of specified conditions, such as the completion of an acquisition, merger, or the discontinuation of operations. 3. Identification of Parties: The agreement identifies the principal parties involved as Motorola, Inc., SG Holding Corp, and Semiconductor Components Industries, LLC, as well as their respective subsidiaries, affiliates, and related entities. 4. Employee Transfer and Retention: This section of the agreement specifies the undertakings and obligations of the parties regarding the transfer of SG employees to Motorola or its subsidiaries. It provides details on the continuity of employment, terms and conditions, and the necessary employee documentation required during the process. 5. Employee Benefits: The EMA defines how employee benefits, including healthcare, retirement plans, stock options, and other fringe benefits, will be handled during the transition period, as well as post-transition. It outlines the respective responsibilities of each party in ensuring that employees continue to receive the benefits they are entitled to under Hawaii's labor laws. 6. Seniority and Vacation Entitlement: This section addresses the treatment of SG employees' seniority, accrued vacation, and other relevant entitlements in terms of calculating continuous service, job security, promotions, transfers, and other aspects governed by seniority. 7. Employee Compensation and Payroll Transition: The EMA covers employee compensation matters, addressing discrepancies in salaries, wage scales, commission structures, and any relevant differences between SG and Motorola's compensation systems. It provides guidance on the appropriate steps for achieving pay parity and outlines mechanisms for transferring payroll systems to ensure a smooth transition from SG to Motorola. 8. Employee Communication and Disclosure: The agreement stipulates the importance of maintaining consistent and transparent communication channels. This includes informing employees about the transition, addressing concerns, and ensuring confidentiality surrounding sensitive employee-related information. 9. Compliance with Laws and Regulations: The EMA underscores the obligation of all parties involved to comply with applicable federal, state, and local laws, regulations, and labor standards. It emphasizes the need to align employment practices with Hawaii's employment laws, inclusive of anti-discrimination, health, safety, and other regulatory provisions. 10. Non-Disclosure and Non-Competition: In some variations of the Hawaii Employee Matters Agreement, provisions related to non-disclosure and non-competition might be included. These clauses restrict employees from divulging trade secrets, proprietary information, or engaging in competitive activities detrimental to Motorola, SG Holding Corp, and Semiconductor Components Industries, LLC. Conclusion: The Hawaii Employee Matters Agreement is a significant document to ensure a seamless transition of SG employees during acquisitions, mergers, or operational changes involving Motorola, SG Holding Corp, and Semiconductor Components Industries, LLC. It covers essential aspects such as employee transfers, benefits, compensation, and compliance with legal requirements. Understanding the specifics of this agreement ensures a fair and lawful treatment of employees during transitions in Hawaii.