Paragraph 2: Claims covered by the insurance.

The insurance mentioned in article L. 3253-6 covers :

1° Sums owed to employees on the date of the judgment opening any receivership or compulsory liquidation proceedings, as well as contributions owed by the employer under the Contrat de Securisation Professionnelle ;

2° Claims arising from the termination of employment contracts occurring :

a) During the observation period ;

b) In the month following the judgement adopting the safeguard, recovery or transfer plan;

c) Within fifteen days, or twenty-one days where a job protection plan has been drawn up, following the liquidation judgment;

d) During the provisional maintenance of the business authorised by the judicial liquidation judgment and within fifteen days, or twenty-one days where a job protection plan is drawn up, following the end of this maintenance of the business;

3° Claims arising from the termination of the employment contract of employees who have been offered a professional securitisation contract, provided that the administrator, the employer or the liquidator, as the case may be, has offered this contract to the interested parties during one of the periods indicated in 2°, including the contributions due by the employer under this contract and the wages due during the employee's response period;

4° Accompanying measures resulting from a job protection plan determined by a majority collective agreement or by a document drawn up by the employer, in accordance with articles L. 1233-24-1 to L. 1233-24-4, provided that it has been validated or approved under the conditions set out in article L. 1233-58 before or after the opening of the receivership or compulsory liquidation proceedings;

5° Where the court orders compulsory liquidation, up to a maximum amount corresponding to one and a half months' work, the sums due :

a) During the observation period ;

b) During the fifteen days, or twenty-one days where a job protection plan has been drawn up, following the liquidation judgment;

c) During the month following the liquidation judgement for the employee representatives provided for in articles L. 621-4 and L. 631-9 of the French Commercial Code;

d) During the provisional maintenance of the business authorised by the liquidation judgment and during the fifteen days, or twenty-one days when a job protection plan is drawn up, following the end of this maintenance of the business.

The guarantee for the sums and claims mentioned in 1°, 2° and 5° includes social security and employee contributions of legal origin, or of conventional origin imposed by law, as well as the withholding tax provided for in article 204 A of the General Tax Code.