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

Article D3335-2 of the French Labour Code

When the transfer is made to a plan from which the employee benefits within the new company employing him/her, the employee specifies in his/her request the allocation of his/her savings within the plan or plans he/she has chosen. When the transfer is made to a plan from which the employee benefits as part of a new job, the employee informs the company he has left of the name and address…

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Article D3335-3 of the French Labour Code

The company shall itself liquidate the sums blocked pursuant to 2° of article L. 3323-2 or article L. 3323-5 and shall immediately request the institution responsible for the register of accounts to liquidate the shares or units held within the savings plans. Once the liquidation has been completed, the company transfers the corresponding sums to the plan concerned, indicating the periods of unavailability that have already elapsed as well as…

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Article D3341-1 of the French Labour Code

An employee appointed as a proxy for the company’s employee shareholders, in accordance with Article L. 225-106 of the French Commercial Code, shall confirm in writing to the employer, no later than forty-eight hours after his appointment, his intention to attend the General Meeting of shareholders, indicating the foreseeable duration of his absence.

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Article D3341-2 of the French Labour Code

The employer is not obliged to pay for time spent away from the company during working hours in order to carry out the representation mandate, nor is it obliged to reimburse the mandated employee for travel expenses.

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Article D3341-3 of the French Labour Code

The following persons shall receive training in the performance of their duties within six months of taking up their duties: 1° Directors appointed pursuant to article L. 225-23 of the French Commercial Code; 2° Supervisory board members appointed pursuant to article L. 225-71 of the same code; 3° Supervisory board members of company investment funds.

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Article R3341-5 of the French Labour Code

The employee savings book provided for in Article L. 3341-6 is drawn up on any durable medium and is given to each employee when his or her employment contract is concluded. It includes: 1° A reminder of the following employee savings schemes, when they are set up in the company: a) Profit-sharing ; b) Profit-sharing ; c) The company savings plan ; d) The inter-company savings plan; e) Collective retirement…

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Article R3341-6 of the French Labour Code

The summary statement includes the following information and details: 1° Identification of the beneficiary ; 2° A description of his assets acquired or transferred within the company by profit-sharing agreement and savings plans into which he has made payments, mentioning where applicable the dates on which these assets are available; 3° The identity and address of the registrars mentioned in article R. 3332-15 with whom the beneficiary has an account;…

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Article D3342-1 of the French Labour Code

An employee of an employers’ group who benefits from a profit-sharing, incentive or employee savings plan agreement, set up in a company of the group to which he/she is seconded, which provides for a seniority condition which may not exceed three months, in accordance with the provisions of article L. 3342-1, is deemed to have three months’ seniority if he/she has been seconded to the company for a total period…

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Article D3345-1 of the French Labour Code

When a profit-sharing or incentive agreement, or a company savings plan, an inter-company savings plan, a collective retirement savings plan or a collective company retirement savings plan is concluded otherwise than within the framework of 1° of I of article L. 3312-5, the documents which are filed on the tele-procedure platform mentioned in article D. 2231-4 under the conditions provided for in this article and in II of article D….

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