Subsection 1: Establishment and purpose.

Employee participation is implemented in accordance with Articles L. 225-28 to L. 225-56 and L. 225-79 to L. 225-93, L. 22-10-8 to L. 22-10-17 and L. 22-10-23 to L. 22-10-30 of the French Commercial Code. Notwithstanding the first paragraph, a special negotiation body with legal personality shall be set up as soon as possible after publication of the proposed cross-border transaction if one of the following conditions is met: 1°…

The special negotiating body shall determine with the managers of the companies involved in the cross-border operation or their representatives, by means of a written agreement, the terms and conditions of employee participation in the company resulting from the operation.