Seller Employees. Buyer shall be liable for the administration and payment of all health and welfare Liabilities and benefits under Buyer’s Benefit Plans with respect to Transferred Employees participating therein to the extent resulting from claims, events, circumstances, exposures, conditions or occurrences occurring after the Closing Date.
Seller Employees. (a) Purchaser shall offer employment to substantially all ADI Personnel upon terms and conditions substantially similar to those provided by Seller; however, Purchaser shall not be required to provide stock options or any stock purchase rights. For a period of twelve months following the Closing, Purchaser shall not solicit for employment any person who is a salaried employee of Seller or any subsidiary of Seller.
Seller Employees. Seller sales employees do not have the training or authority to make legal representations or enter into any agreements or execute any Purchaser documents affecting legal responsibilities or waiving legal rights, including those regarding the transfer of intellectual property rights or related to privacy laws. Any such representations, agreements or documents will not be binding on Seller or such Seller employees.
Seller Employees. (a) Buyer shall give Qualifying Offers of employment to all employees of Seller who are covered by the IBEW Local Union No. 387 collective bargaining agreement with Seller (the "IBEW CBA") and are employed in positions relating to the Business (collectively, "Union Employees"). Each such person who becomes employed by Buyer pursuant to this section shall be referred to herein as a "Transferred Union Employee".
Seller Employees. (a) Hospitality shall offer employment to all ADI Personnel upon terms and conditions substantially equivalent to those provided by Seller; however, Hospitality shall not be required to provide stock options or any stock purchase rights. For a period of twelve months following the Closing, neither Purchaser nor Hospitality shall hire any person who was an employee of Seller or any subsidiary of Seller within the previous three months (other than ADI Personnel), and for a period of eighteen months following the Closing, neither Purchaser nor Hospitality shall solicit for employment any person who is an employee of Seller or any subsidiary of Seller.
Seller Employees. 37 6.1 Employment....................................37 6.2
Seller Employees. Buyer shall be responsible for the administration and payment of all health and welfare liabilities and benefits under the Buyer's benefit programs with respect to Buyer Employees resulting from claims reported following the Closing Date, to the extent resulting from events, circumstances, exposures, conditions, or occurrences after the end of the Closing Date. The Selling Entities shall retain responsibility for health and welfare benefits and liabilities for any disabled employees of the Business and disabled dependents of employees of the Business until such persons are no longer disabled.
Seller Employees. Seller has terminated Seller’s employment of each of the individuals listed in Schedule 2.13 effective concurrently with the execution of this Agreement, and Seller will pay each such individual all salary, benefits, vacation pay and all other obligations of Seller to each such individual accrued through the date of this Agreement; provided, however, that Seller shall maintain all of Seller’s health and welfare benefits and plans (including medical, dental, vision, long term disability, short term disability, group term life, supplemental life, dependent life and flexible benefits) and the 401(k) plan in place and in full force and effect through June 30, 2010 for all individuals who are employed or otherwise retained by Acquisition Sub, including the payment of premiums, benefits and claims thereunder. Seller shall defend, indemnify and hold Acquisition Sub and ITS harmless from and against all of the foregoing obligations and matters. On or prior to the date of this Agreement, Acquisition Sub shall offer employment to each of the individuals listed in Schedule 2.13 with compensation and benefits that are reasonable comparable to those provided by Seller as of March 31, 2010. Seller consents to Acquisition Sub and/or ITS employing the individuals listed in Schedule 2.13, and Seller hereby waives and releases any noncompete, confidentiality or other covenants (in each case, solely with respect to the Business) which might prohibit, restrict, limit or otherwise affect such individuals’ right and ability to provide any services or duties with respect to the Business to or on behalf of Acquisition Sub and/or ITS.
Seller Employees. Schedule 7.1 lists as of the date of this Agreement (i) all employees of Seller employed at the Property, along with their position and work location (the “Seller Employees”), (ii) their annual salary or hourly rate, as applicable, and (iii) their bonus opportunities and accrued or unused vacation time (which accrued or unused vacation time shall be paid out to the Seller Employees by GPC effective as of the end of the Transition Period).
Seller Employees. Buyer will use its best efforts to employ Seller's employees listed on Schedule V on terms comparable to their current employment terms and to maintain such employment on comparable terms through the Adjustment Date.
