Examples of Hiring entity in a sentence
For avoidance of doubt, nothing in this Section 7.2 confers any liability or obligation to any Seller Party arising out of or relating to the employment of or services rendered by any Hired Employee to the Hiring Entity or any of its Affiliates from or after the Closing.
Buyer will, or will cause its Affiliates to, offer each Transferred Staff Employee (i) a base salary or hourly wages which are no less than the base salary or hourly wages provided by Seller to such Transferred Staff Employee immediately prior to the Closing and (ii) welfare benefits that are no less favorable in the aggregate to those provided by the applicable Hiring Entity to its similarly situated employees (excluding the Transferred Staff Employees for purposes of this comparison), if any.
A Staff Employee of the InStaff Business to whom an offer of employment is made by a Hiring Entity and who accepts such offer will become a staff employee of the applicable Hiring Entity on the day such person reports, if at all, to work for the applicable Hiring Entity (such a staff employee is hereinafter referred to as a “Transferred Staff Employee”).