English to Russian Law/Patents Human Resources

Securities purchase agreement, раздел Benefit Plans:

To the extent permitted by Legal Requirement, for the purposes of any of the Buyer’s Plans, except for any equity incentive plans, for which eligibility or vesting of benefits depends on length of service, Buyer shall give (or cause to be given) to each employee full credit for past service with the Company as of and through the Closing Date (“Prior Service”) to the extent such Prior Service was credited under the Company Plans as of the Closing Date. In addition, to the extent permitted by Legal Requirement, each employee (a) shall be given credit for Prior Service for purposes of eligibility to participate, satisfaction of any waiting periods, evidence of insurability requirements, or the application of any pre-existing condition limitations and (b) shall be given credit for amounts paid under a corresponding Company Plan during the same period for purposes of applying deductibles, co-payments and out-of-pocket maximums as though such amounts had been paid in accordance with the terms and conditions of the Buyer’s Plans.