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Article L3313-1 of the French Labour Code

The profit-sharing agreement establishes a system for informing employees and verifying how the agreement is implemented. In particular, it includes a preamble setting out the reasons for the agreement as well as the reasons for the choice of methods for calculating the profit-sharing scheme and the criteria for distributing its proceeds.

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Article L3313-2 of the French Labour Code

The profit-sharing agreement defines in particular: 1° The period for which it is concluded ; 2° The establishments concerned; 3° The profit-sharing arrangements adopted; 4° The methods for calculating the profit-sharing and the criteria for distributing its proceeds in accordance with the provisions of articles L. 3314-1 to L. 3314-7; 5° The payment dates; 6° The conditions under which the social and economic committee or a specialised committee set up…

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Article L3313-3 of the French Labour Code

The profit-sharing agreement is filed with the competent administrative authority within a period and in accordance with procedures determined by regulation. If none of the bodies mentioned in articles L. 213-1 and L. 752-4 of the Social Security Code or inarticle L. 723-3 of the Rural and Maritime Fishing Code has commented by the end of the period provided for in the first paragraph of article L. 3345-2 of this…

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Article L3313-4 of the French Labour Code

When a change occurs in the legal situation of the company, in particular by merger, transfer or demerger, which requires the setting up of new staff representative institutions, the profit-sharing agreement continues or may be renewed in accordance with one of the methods provided for in article L. 3312-5. Where this change makes it impossible to apply the profit-sharing agreement, the agreement ceases to have effect between the new employer…

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