Available Employees. (1) Schedule 8(c)(vi)(1) of the Disclosure Schedules contain a true and correct list of all individuals, by position, who are devoted primarily to providing services to Frontier or SLC Pipeline LLC, a Delaware limited liability company (each such individual, an “Available Employee”). (2) Prior to the Closing Date, the Parties will enter into an Employee Matters Agreement, in a form that is mutually acceptable to the Parties, which will address the potential transfer of the Available Employees to Buyer or its Affiliates at the Closing, as well as related employee compensation, benefits plan and other employee-related matters pertaining to the Available Employees.
Appears in 1 contract
Sources: Membership Interest Purchase Agreement (Holly Energy Partners Lp)
Available Employees. (1) Schedule 8(c)(vi)(18(c)(vii)(1) of the Disclosure Schedules contain a true and correct list of all individuals, by position, who are devoted primarily to providing services to SLC or Frontier or SLC Pipeline Aspen LLC, a Delaware limited liability company (each such individual, an “Available Employee”).
(2) Prior to the Closing Date, the Parties will enter into an Employee Matters Agreement, in a form that is mutually acceptable to the Parties, which will address the potential transfer of the Available Employees to Buyer or its Affiliates at the Closing, as well as related employee compensation, benefits plan and other employee-related matters pertaining to the Available Employees.
Appears in 1 contract
Sources: Membership Interest Purchase Agreement (Holly Energy Partners Lp)