Common use of Asset Seller’s Employees Clause in Contracts

Asset Seller’s Employees. Asset Seller acknowledges that on or after the Closing Date, Asset Buyer may hire one or more persons previously employed by Asset Seller, that any such persons shall be treated as new hires by Asset Buyer and that Asset Buyer’s employment of such persons shall in no way limit Asset Seller’s obligations to pay any amounts or provide any benefits to such persons in connection with their employment by Asset Seller or the termination thereof through and including the Closing. Nothing herein shall obligate Asset Buyer to employ such employees or to employ them for any specific time period or to provide them with any specific benefits or pay rate.

Asset Seller’s Employees. Asset Seller acknowledges that on or after the Closing Date, Asset Buyer may hire one or more persons previously employed by Asset Seller, that any such persons shall be treated as new hires by Asset Buyer and that Asset Buyer’s 's employment of such persons shall in no way limit Asset Seller’s 's obligations to pay any amounts or provide any benefits to such persons in connection with their employment by Asset Seller or the termination thereof through and including the Closingthereof. Nothing herein shall obligate Asset Buyer to employ such employees or to employ them for any specific time period or to provide them with any specific benefits or pay rate.