Common use of No Obligations to Employees Clause in Contracts

No Obligations to Employees. Except as provided in this Agreement, Seller shall be solely responsible for all obligations it may have with respect to all Employees of Seller, and Buyer shall not assume Seller’s obligations with respect to Seller's Employees. Subject to any express requirements in this Article 9, Buyer reserves the right following the Closing to establish any employment policies, practices, procedures, benefits, wages, or other remuneration or to change the same, at its sole discretion.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Solar Integrated Roofing Corp.), Asset Purchase Agreement (Solar Integrated Roofing Corp.), Asset Purchase Agreement (Solar Integrated Roofing Corp.)

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No Obligations to Employees. Except as provided in this Agreement, Seller shall be solely responsible for all obligations it may have with respect to all Employees of Seller, and Buyer shall not assume Seller’s obligations with respect to Seller's ’s Employees. Subject to any express requirements in this Article 9, Buyer reserves the right following the Closing to establish any employment policies, practices, procedures, benefits, wages, or other remuneration or to change the same, at its sole discretion.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Wild Craze, Inc.), Asset Purchase Agreement (Wild Craze, Inc.)

No Obligations to Employees. Except as provided in this Agreement, Seller shall be solely responsible for all obligations it may have with respect to all Employees of Seller, and Buyer shall not assume Seller’s obligations with respect to Seller's Employees. Subject to any express requirements in this Article 9, Buyer Bxxxx reserves the right following the Closing to establish any employment policies, practices, procedures, benefits, wages, or other remuneration or to change the same, at its sole discretion.

Appears in 1 contract

Samples: Asset Purchase Agreement (Solar Integrated Roofing Corp.)

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No Obligations to Employees. Except as provided in this Agreement, Seller Sellers shall be solely responsible for all obligations it may have with respect to all Employees of SellerSellers, and Buyer shall not assume SellerSellers’s obligations with respect to SellerSellers's Employees. Subject to any express requirements in this Article 9, Buyer reserves the right following the Closing to establish any employment policies, practices, procedures, benefits, wages, or other remuneration or to change the same, at its sole discretion.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paid Inc)

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