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Part Three: Working hours, pay, profit-sharing and employee savings schemes

Article R3332-1 of the French Labour Code

The appendix to the company savings plan regulations sets out the selection criteria and the list of investment instruments, as well as the notices for open-ended investment companies (SICAVs) and mutual funds offered to members.

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Article R3332-2 of the French Labour Code

Where the plan offers several investment vehicles, its rules specify the terms and conditions under which members may change the allocation of their savings between these vehicles. However, the plan rules may place restrictions on the option to change the initial investment choice in cases that they define. The investment of sums which have benefited from the additional contribution under the conditions provided for in the second paragraph of article…

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Article R3332-3 of the French Labour Code

The plan rules specify any changes to the initial investment choice that may occur when the employee leaves the company. Without prejudice to the provisions of the fifth paragraph of article L. 214-164 and the seventh paragraph of article L. 214-165 of the Monetary and Financial Code, the signatories of the agreement may modify the allocation of employees’ savings invested in undertakings for collective investment in transferable securities or collective…

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Article R3332-4 of the French Labour Code

The regulations of the company savings plan referred to in articles L. 3332-7 and L. 3332-9 are filed, together with the appendices relating to the selection criteria and the list of investment instruments, on the tele-procedure platform referred to in article D. 2231-4. The unilateral document mentioned in articles L. 3332-6-1 and L. 3333-7-1 is filed on the same platform.

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Article D3332-8-1 of the French Labour Code

The employer’s unilateral payment for the acquisition of shares or investment certificates issued by the company benefits all members who satisfy the seniority conditions, if any, set out in the plan regulations. The total amount of this payment may not exceed 2% of the annual ceiling provided for in the first paragraph of article L. 241-3 of the Social Security Code. This payment is taken into account to assess compliance…

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Article D3332-8-2 of the French Labour Code

The sharing agreement referred to in article L. 23-11-2 of the French Commercial Code may jointly adopt the different methods for distributing the unilateral employer contribution provided for in article L. 23-11-3 of the same code, in compliance with the ceiling determined in 2° of article L. 3332-11.

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