Common use of Employees of Seller Clause in Contracts

Employees of Seller. Seller shall retain all obligations ------------------- relating to its existing or past employee relationships. Buyer shall have no obligation to offer employment to, employ, or compensate the employees of Seller who currently perform duties at or concerning the Real Property, and all notifications to federal, state, or local governments concerning the effects of the sale of the Real Property upon employees shall be the responsibility of Seller.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Kaiser Ventures Inc)

Employees of Seller. Seller shall retain all obligations relating ------------------- relating to its existing or past employee relationships. Buyer shall have no obligation to offer employment to, employ, or compensate the employees of Seller who currently perform duties at or concerning the Real Property, and all notifications to federal, state, or local governments concerning the effects of the sale of the Real Property upon employees shall be the responsibility of Seller.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Kaiser Ventures Inc)