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Assignment Of Employment Agreement
"I need an Assignment of Employment Agreement under Swiss law for transferring 50 employees from our Geneva office to our newly formed subsidiary company, with the transfer to be effective from March 1, 2025, ensuring all existing employment terms and collective agreements remain unchanged."
1. Parties: Identification of the current employer (Assignor), the new employer (Assignee), and the Employee
2. Background: Context of the assignment, including the reason for the transfer and reference to the original employment agreement
3. Definitions: Key terms used throughout the agreement, including 'Effective Date', 'Employment Agreement', and 'Assigned Rights'
4. Assignment and Assumption: Core provision detailing the transfer of rights and obligations from Assignor to Assignee
5. Effective Date: Specification of when the assignment takes effect
6. Continuing Terms of Employment: Confirmation that existing employment terms and conditions remain unchanged
7. Employee Acknowledgment: Employee's acceptance of the assignment and confirmation of continuing employment terms
8. Assignor's Obligations: Responsibilities of the current employer including handover of employment records and settlement of pre-transfer obligations
9. Assignee's Obligations: Commitments of the new employer regarding continuation of employment terms and assumption of responsibilities
10. Data Protection: Provisions regarding the transfer and protection of employee personal data
11. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction
1. Transfer of Benefits: Detailed provisions for transferring specific employee benefits, used when complex benefit arrangements exist
2. Retention of Certain Rights: Specification of any rights or obligations retained by the Assignor, used when not all employment aspects are being transferred
3. Third Party Consents: Required when specific third-party approvals are needed for the assignment
4. Warranties and Representations: Additional assurances from parties, used in complex transfers or when specifically required
5. Confidentiality: Specific confidentiality provisions, used when not adequately covered in the original employment agreement
6. Dispute Resolution: Detailed dispute resolution procedures, used when parties want specific resolution mechanisms beyond court jurisdiction
1. Schedule 1 - Original Employment Agreement: Copy of the existing employment agreement being assigned
2. Schedule 2 - Employee Benefits Summary: Detailed list of current employee benefits and their treatment post-assignment
3. Schedule 3 - Pending Rights and Obligations: List of any accrued benefits, pending claims, or ongoing obligations
4. Appendix A - Required Notices and Consents: Copies of any required regulatory notices or third-party consents
5. Appendix B - Data Processing Terms: Specific provisions regarding the handling and transfer of employee data
Authors
Financial Services
Manufacturing
Technology
Professional Services
Healthcare
Retail
Construction
Telecommunications
Energy
Transportation and Logistics
Education
Hospitality
Real Estate
Media and Entertainment
Pharmaceutical
Human Resources
Legal
Compliance
Senior Management
Operations
Risk Management
Employee Relations
Corporate Development
Mergers & Acquisitions
Talent Management
Human Resources Director
Legal Counsel
HR Manager
Employment Lawyer
Compliance Officer
HR Business Partner
Corporate Lawyer
Managing Director
Chief Human Resources Officer
Operations Director
Business Unit Manager
Integration Manager
Talent Acquisition Manager
Employee Relations Manager
Risk Manager
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