Common use of Compliance with WARN Act Clause in Contracts

Compliance with WARN Act. Buyer Parent and Buyer assume all responsibilities for any notices or liability which may be required by or arise under the Worker Adjustment and Retraining ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇ ▇.▇.▇. §▇▇▇▇ et seq (the "WARN Act") as a result of the transactions contemplated by this Agreement; provided that Seller shall not take any action prior to the Closing Date to cause any employees to be included in an " employment loss" for purposes of the WARN Act, without the prior written consent of Buyer.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Lecg Corp), Asset Purchase Agreement (Lecg Corp)