Common use of Buyer to Hire Clause in Contracts

Buyer to Hire. WDWB Employees who accept an offer of employment from Buyer (referred to herein as “Transferred Employees”) for periods after the Closing Date shall receive such cash compensation and benefits as are substantially comparable in the aggregate to that provided by Sellers and disclosed to Buyer prior to the date hereof; provided, that, nothing herein shall require Buyer to continue the employment of any such person or to maintain any particular type or level of compensation or employee benefits for any period of time thereafter. Employment with Buyer of Transferred Employees shall commence immediately on the Closing Date, except that employment of individuals on leave of absence or short-term disability leave, maternity leave, salary continuation and extension type of leave, military leave or workers compensation (“Leave Employees”) shall become effective as of the date they first present themselves for active work with the Buyer; provided, however, that Buyer, except to the extent otherwise required by Law, shall have no obligation to hire Leave Employees unless such individuals first present themselves for active work with Buyer within nine (9) months following the Closing Date. Buyer shall make offers of employment to all Leave Employees, under the same terms and conditions as set forth in this Article IX; provided, that, such Leave Employees have satisfied the conditions set forth in the immediately preceding sentence. Until such date, such employees shall remain employees of Sellers and eligible for compensation and benefits under Sellers’ applicable plans and policies. For purposes hereof, Leave Employees who accept an offer of employment from Buyer shall be deemed to be Transferred Employees as of the date they accept employment with Buyer. Unbroken periods of employment with a Seller (including any current or former Affiliate of Granite) and with the Station as of the Closing Date shall be taken into account for purposes of determining, as applicable, eligibility for participation, eligibility for early retirement and subsidies and vesting (but not for the purposes of benefit accrual) of any Transferred Employee under any of Buyer’s employee benefit plans, policies, practices or arrangements, including, but not limited to, seniority, vacation and severance entitlements, solely to the extent that such service was recognized under analogous Employee Plans. All such periods of employment have been provided to Buyer, specified by employee, prior to the Closing Date.

Buyer to Hire. WDWB On the Closing Date, Buyer shall offer employment to all active KEYE Employees (all such KEYE Employees who accept an Buyer's offer of employment from Buyer (are referred to herein as “"Transferred Employees”) for periods after the Closing Date shall receive "), at such cash compensation and and, subject to Section 9.3 hereof, with such benefits as are substantially comparable to those received by other similarly situated employees of Buyer (other than those employees with employment contracts set forth on SCHEDULE 1-C that Buyer assumed pursuant to Section 2.4 hereof, as to which the compensation shall be as set forth in such employment contracts for the remainder of the term of such contracts); PROVIDED, THAT, except as otherwise provided herein or in the aggregate employment contracts set forth on SCHEDULE 1-C and assumed by Buyer pursuant to that provided by Sellers and disclosed to Buyer prior to the date Section 2.4 hereof; provided, that, nothing herein shall require Buyer to continue the employment of any such person for any period of time thereafter or to maintain any particular type or level of compensation or employee benefits for any period of time thereafterbenefits. Employment with Buyer of Transferred Employees shall commence immediately on the Closing Date, except that employment of individuals on leave of absence absence, short-term or shortlong-term disability leave, maternity leave, salary continuation and extension type of leave, military leave or workers compensation (“"Leave Employees”") shall become effective as of the date they first present themselves for active work with the Buyer; providedPROVIDED, howeverHOWEVER, that Buyer, except to the extent otherwise required by Law, Buyer shall have no obligation to hire Leave Employees unless such individuals first present themselves for active work with Buyer within nine twelve (912) months following the Closing Date. Notwithstanding the first sentence of this Section 9.1, Buyer shall make offers of employment to all Leave Employees, under the same terms and conditions as set forth in this Article IX; providedPROVIDED, thatTHAT, such Leave Employees have satisfied the conditions set forth in the immediately preceding sentence. Until such date, such employees shall remain employees of Sellers and eligible for compensation and benefits under Sellers’ applicable plans and policies. For purposes hereof, Leave Employees who accept an Buyer's offer of employment from Buyer shall be deemed to be Transferred Employees as of the such date they accept employment with Buyer. Unbroken periods Periods of employment with a Seller (including including, without limitation, any current or former Affiliate of Granite) and with the Station as of the Closing Date shall be taken into account account, but only to the extent credited under the applicable Employee Plan, for purposes of determining, as applicable, eligibility for participation, eligibility for early retirement and subsidies participation and vesting (but not for the purposes of benefit accrual) of any Transferred Employee under any of Buyer’s 's employee benefit plans, policies, practices or arrangementsarrangements that will be available to KEYE Employees, including, but not limited to, seniority, vacation and severance entitlements, solely to the extent that such service was recognized under analogous Employee Plans. All such periods of employment have been provided to Buyer, specified by employee, prior to the Closing Datebenefits.

Buyer to Hire. WDWB On the Closing Date, Buyer shall offer employment to all KBWB Employees, whether or not available for work on the Closing Date (all such KBWB Employees who accept an Buyer’s offer of employment from Buyer (are referred to herein as “Transferred Employees”) for periods after the Closing Date shall receive ), at such cash compensation and with such benefits as are substantially comparable in the aggregate to those received by other similarly situated employees of Buyer (other than those employees with employment contracts set forth on Schedule 1-C that provided Buyer assumed pursuant to Section 2.4 hereof, as to which the compensation shall be as set forth in such employment contracts for the remainder of the term of such contracts unless otherwise agreed by Sellers and disclosed to Buyer prior to the date hereofemployee party thereto); provided, that, except as otherwise provided herein or in the employment contracts set forth on Schedule 1-C and assumed by Buyer pursuant to Section 2.4, nothing herein shall require Buyer to continue the employment of any such person for any period of time thereafter or to maintain any particular type or level of compensation or employee benefits for any period of time thereafterbenefits. Employment with Buyer of Transferred Employees shall commence immediately on the Closing Date, except that employment of individuals on leave of absence absence, short-term or shortlong-term disability leave, maternity leave, salary continuation and extension type of leave, military leave or workers compensation (“Leave Employees”) shall become effective as of the date they first present themselves for active work with the Buyer; provided, however, that Buyer, except to the extent otherwise required by Law, Buyer shall have no obligation to hire Leave Employees unless such individuals first present themselves for active work with Buyer within nine twelve (912) months following the Closing Date. Until such date, such employees shall remain employees of Sellers and eligible for compensation and benefits under Sellers’ applicable plans and policies. Buyer shall make offers of employment to all Leave Employees, under the same terms and conditions as set forth in this Article IX; provided, that, such Leave Employees have satisfied the conditions set forth in the immediately preceding sentence. Until such date, such employees shall remain employees of Sellers and eligible for compensation and benefits under Sellers’ applicable plans and policies. For purposes hereof, Leave Employees who accept an Buyer’s offer of employment from Buyer shall be deemed to be Transferred Employees as of the date they accept employment with Buyer. Unbroken periods of employment with a Seller (including any current or former Affiliate of Granite) and with the Station as of the Closing Date shall be taken into account for purposes of determining, as applicable, eligibility for participation, eligibility for early retirement and subsidies and vesting (but not for the purposes of benefit accrual) of any Transferred Employee under any of Buyer’s employee benefit plans, policies, practices or arrangements, including, but not limited to, seniority, vacation and severance entitlements, solely to the extent that such service was recognized under analogous Employee Plans. All such periods of employment have been provided to Buyer, specified by employee, prior to the Closing Date.

Buyer to Hire. WDWB KBWB Employees who accept an offer of employment from Buyer (referred to herein as “Transferred Employees”) for periods after the Closing Date shall receive such cash compensation and benefits as are substantially comparable in the aggregate to that provided by Sellers and disclosed to Buyer prior to the date hereof; provided, that, nothing herein shall require Buyer to continue the employment of any such person or to maintain any particular type or level of compensation or employee benefits for any period of time thereafter. Employment with Buyer of Transferred Employees shall commence immediately on the Closing Date, except that employment of individuals on leave of absence or short-term disability leave, maternity leave, salary continuation and extension type of leave, military leave or workers compensation (“Leave Employees”) shall become effective as of the date they first present themselves for active work with the Buyer; provided, however, that Buyer, except to the extent otherwise required by Law, shall have no obligation to hire Leave Employees unless such individuals first present themselves for active work with Buyer within nine (9) months following the Closing Date. Buyer shall make offers of employment to all Leave Employees, under the same terms and conditions as set forth in this Article IX; provided, that, such Leave Employees have satisfied the conditions set forth in the immediately preceding sentence. Until such date, such employees shall remain employees of Sellers and eligible for compensation and benefits under Sellers’ applicable plans and policies. For purposes hereof, Leave Employees who accept an offer of employment from Buyer shall be deemed to be Transferred Employees as of the date they accept employment with Buyer. Unbroken periods of employment with a Seller (including any current or former Affiliate of Granite) and with the Station as of the Closing Date shall be taken into account for purposes of determining, as applicable, eligibility for participation, eligibility for early retirement and 48 subsidies and vesting (but not for the purposes of benefit accrual) of any Transferred Employee under any of Buyer’s employee benefit plans, policies, practices or arrangements, including, but not limited to, seniority, vacation and severance entitlements, solely to the extent that such service was recognized under analogous Employee Plans. All such periods of employment have been provided to Buyer, specified by employee, prior to the Closing Date.