Employee Terminations Clause Examples
Employee Terminations. At Closing, Seller shall deliver to Buyer a list as of the Closing Date setting forth the name of each employee of the Hospital Businesses whose employment was terminated during the 90 day period ending on the Closing Date and the reason for such termination.
Employee Terminations. Any employee listed on Schedule 3.1(u) who is the subject of an employment agreement assumed by the Partnership or Purchaser at Closing, upon termination, shall receive the greater of the amount provided in Section 7.1(c) and the amount he would otherwise be entitled to under such employment agreement, if any; provided, however, that no such employee shall be entitled to receive both amounts.
Employee Terminations. Except as listed on Schedule 1.12, no --------------------- officer or other key employee of the Company or any Subsidiary has terminated employment since June 30, 1997. To the knowledge of the Company, no officer or other key employee of the Company or any Subsidiary has notified the Company of his or her intention to terminate employment.
Employee Terminations. Schedule 2.01(z) lists any officer --------------------- or other key employee of the Company who terminated
Employee Terminations. On the date the Company completes the final termination of Company employees, other than those employees necessary to assist in the consummation of the Liquidation as determined in good faith by Executive, the Company shall pay to Executive $5,000, less applicable withholding (with payment due on the first regular payroll date following the completion of this Liquidation Task).
Employee Terminations. No current Company Service Provider has given notice to the Company or any Company Subsidiary of intent to terminate his or her employment or service with the Company or any Company Subsidiary and to the Knowledge of the Company, no employee intends to terminate his or her employment for any reason, other than in accordance with the employment arrangements provided for in this Agreement.
Employee Terminations. Not (a) terminate the employment of any employee of the Company or the Company Subsidiaries as of the date of this Agreement, except in circumstances where the basis for termination is because the employee has engaged in conduct that is criminal or materially injurious to the Company or the Company Subsidiaries, or (b) transfer any employee of the Company or the Company Subsidiaries to a different corporate entity or division affiliated with Seller. Furthermore, neither Seller nor any of its Affiliates shall solicit or hire or solicit to employ any employee of the Company or either Company Subsidiary.
Employee Terminations. The Purchaser shall be responsible for providing any notice (or pay in lieu of notice) required under the WARN Act or any similar Law, and shall indemnify Seller and its Affiliates for any Liability arising under the WARN Act for actions taken in the 90-day period on and following the Closing.
Employee Terminations. The Corporation has not terminated more than 50 employees at the Business since April 1, 2007.
Employee Terminations. As of the date of this Agreement, neither the Company nor any of its Subsidiaries has received any written notice that any employee at a level of vice president or above intends to terminate his or her employment with the Company or any of its Subsidiaries (either contingent or otherwise).