Common use of Employees of the System Clause in Contracts

Employees of the System. Seller shall comply with the provisions of ----------------------- the Worker Adjustment and Retraining Notification Act, as amended, 29 U.S.C. (S) 2101, et seq., as it relates to the transaction contemplated hereby, and shall -- --- indemnify and hold harmless Buyer from and against all Losses arising with respect thereto. Seller acknowledges that Buyer may, but shall have no obligation to, hire any of Seller's employees that render services in connection with the operation of the System; provided, however, that Buyer shall give Seller notice at least 60 days after the date of this Agreement or 45 days prior to Closing, whichever is earlier, of the names of any employee of the System to whom Buyer will not offer employment to on and after the Closing Date. Seller shall remain solely responsible for, and shall indemnify and hold harmless Buyer from and against all Losses arising with respect to, all salaries and all severance, vacation, sick, holiday, and other benefits to which employees of Seller may be entitled, as a result of consummation of the transaction contemplated hereby or otherwise.

Employees of the System. Seller shall comply with the provisions of ----------------------- the Worker Adjustment and Retraining Notification Act, as amended, 29 U.S.C. (S) 2101, et seq., as it relates to the transaction contemplated hereby, and shall -- --- ---- indemnify and hold harmless Buyer from and against all Losses arising with respect thereto. Seller acknowledges that Buyer may, but shall have no obligation to, hire any of Seller's employees that render services in connection with the operation of the System; provided, however, that Buyer shall give Seller notice at least 60 days after the date of this Agreement or 45 days prior to Closing, whichever is earlier, of the names of any employee of the System to whom Buyer will not offer employment to on and after the Closing Date. Seller shall remain solely responsible for, and shall indemnify and hold harmless Buyer from and against all Losses arising with respect to, all salaries and all severance, vacation, sick, holiday, and other benefits to which employees of Seller may be entitled, as a result of consummation of the transaction contemplated hereby or otherwise.