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10. Employment issues

Schwimann/Kolmasch1. AuflSeptember 2009

As a general rule, if the company emerging from the cross-border merger has its registered office in the Slovak Republic, the employees are entitled to participate in the company's supervisory board (the employees may appoint one-third of the members of the supervisory board, if there are more than 50 full-time employees and the Articles of Association do not provide otherwise). The Slovak Republic has one of the strictest legal regimes concerning employees' participation among the EU member states.

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