Common use of Additional Employees Clause in Contracts

Additional Employees. In connection with the expanded scope of the JVC contemplated in the first amended Agreement, the JVC offered employment to such employees of Meteor I as it chose and provided them with compensation and benefit levels generally comparable to their present compensation and benefits. OFT assumed responsibility for all other Meteor I employees and remains liable for any retention, termination, outplacement or severance payments payable to such employees