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Employee Transfer Agreement
"I need an Employee Transfer Agreement to facilitate the transfer of 50 IT staff from our Dublin office to our newly acquired subsidiary, ensuring compliance with Irish TUPE regulations and including specific provisions for maintaining their existing stock options, with the transfer to be completed by March 2025."
1. Parties: Identifies the current employer (Transferor), new employer (Transferee), and reference to affected employees
2. Background: Explains the context and reason for the transfer, including any broader business transaction or reorganization
3. Definitions: Defines key terms used throughout the agreement, including Transfer Date, Transferred Employees, Business, etc.
4. Transfer of Employment: Core provision establishing the transfer of employment relationships from Transferor to Transferee
5. Continuity of Employment: Confirms preservation of employment terms, conditions, and length of service
6. Employee Liabilities: Allocates responsibility for employee-related liabilities between Transferor and Transferee
7. Information and Consultation: Details the process for informing and consulting with employees about the transfer
8. Data Protection: Addresses the transfer of employee personal data in compliance with GDPR and Irish data protection law
9. Cooperation Between Parties: Outlines how parties will work together to ensure smooth transfer process
10. Governing Law and Jurisdiction: Specifies Irish law as governing law and Irish courts' jurisdiction
1. Pensions: Required when pension schemes are involved, detailing treatment of existing pension rights and future arrangements
2. Collective Agreements: Needed when transferred employees are covered by collective bargaining agreements
3. Share Schemes and Benefits: Include when employees participate in share schemes or specific benefit programs
4. Restrictive Covenants: Required when existing non-compete or confidentiality obligations need to be addressed
5. International Transfers: Include for cross-border transfers involving multiple jurisdictions
6. Redundancy Provisions: Needed when transfer may involve potential redundancies
7. Trade Union Recognition: Required when transferred employees have union representation
1. List of Transferred Employees: Detailed list of all employees being transferred, including job titles and key employment terms
2. Employment Terms and Conditions: Comprehensive details of current employment terms that will transfer
3. Employee Benefits: Details of all employee benefits and their treatment post-transfer
4. Ongoing Claims and Litigation: List of any existing employment claims or disputes
5. Required Information and Consultation Timeline: Schedule of communications and consultation activities
6. Pension Scheme Details: Specific information about pension arrangements pre and post-transfer
7. Data Processing Agreement: Detailed provisions for handling personal data during and after transfer
Authors
Financial Services
Technology
Manufacturing
Retail
Healthcare
Professional Services
Construction
Education
Telecommunications
Energy
Transportation
Hospitality
Real Estate
Media and Entertainment
Human Resources
Legal
Compliance
Operations
Risk Management
Employee Relations
Compensation and Benefits
Corporate Development
Business Integration
Internal Communications
Human Resources Director
HR Manager
Legal Counsel
Employment Lawyer
Compliance Officer
HR Business Partner
Operations Director
Business Integration Manager
Talent Acquisition Manager
Employee Relations Manager
Compensation and Benefits Manager
Chief Human Resources Officer
General Counsel
Risk Manager
Chief Operating Officer
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