Article L3323-8 of the French Labour Code
When there is a change in the legal situation of the company, by merger, transfer or demerger, making it impossible to apply a profit-sharing agreement, this agreement ceases to have effect between the new employer and the company’s employees. In the absence of a profit-sharing agreement applicable to the new company, the latter undertakes, within six months of the end of the financial year in which the change occurred, negotiations…