Liability for Severance Sample Clauses
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Liability for Severance. Seller shall have Liability for and shall pay all severance payments (if any) due to any of the Seller Employees (including any Transferred Employee) as a result of the termination of their employment with Seller, whether occurring prior to, at or after the Closing.
Liability for Severance. As of the Effective Time, OPC shall have no Liability or obligation under any OPC Group severance plan or policy with respect to CRC Group Employees or Former CRC Group Employees.
Liability for Severance. As of the Effective Time, Oil States shall have no Liability or obligation under any OS Group severance plan (including, without limitation, the OS CIC Severance Plan) or policy with respect to Civeo Group Employees or Former Civeo Group Employees.
Liability for Severance. As of the Plan Transfer Date (or such later Employee Transfer Date), Huntsman shall have no Liability or obligation under any Huntsman Group severance plan or policy with respect to VMC Group Employees.