Common use of Orderly Transition Clause in Contracts

Orderly Transition. Buyer shall employ each Employee who accepts Buyer's offer of employment. Seller agrees to use its reasonable efforts to assist Buyer in the orderly transition to Buyer of any such Employees. Each such accepting Employee shall, from the Effective Time, be known as an "Acquired Employee".

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Tosco Corp), Asset Purchase and Sale Agreement (Ultramar Diamond Shamrock Corp)

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Orderly Transition. Buyer shall employ each Loaned Employee who accepts Buyer's offer of employment. Seller agrees to use its reasonable efforts to assist Buyer in the orderly transition to Buyer of any such Loaned Employees. Each such accepting Employee employee shall, from the Effective TimeEmployment Commencement Date, be known as an "Acquired Employee".

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Frontier Oil Corp /New/)

Orderly Transition. Buyer shall employ each Employee who accepts Buyer's ’s offer of employmentemployment and satisfies all of Buyer’s conditions of employment listed on Schedule 4.03(c). Seller agrees to use its reasonable efforts to assist Buyer in the orderly transition to Buyer of any such Employees. Each such accepting Employee employee shall, from the Effective TimeEmployment Commencement Date, be known as an "Acquired Employee".

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Tosco Corp)

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Orderly Transition. Buyer shall employ each Employee who accepts Buyer's offer of employment. Seller agrees to use its reasonable efforts to assist Buyer in the orderly transition to Buyer of any such Employees. Each such accepting Employee shall, from the Effective Time, be known referred to in this Agreement as an "Acquired Employee".

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Holly Corp)

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