Emmis Stations’ Employees Clause Samples

Emmis Stations’ Employees the Phoenix TBA will govern employment matters as to employees at the Emmis Stations.
Emmis Stations’ Employees. (a) Except for the employees listed on Schedule 12.2(a) (the "Excluded Employees"), on the Closing Date, Bonneville International shall offer employment to all employees who perform services for an Emmis Station at a comparable salary, position and place as held by each such employee immediately prior to the Closing Date or in accordance with the expired terms of the two (2) union contracts covering certain of such employees (such contracts being listed on Schedule 3.7(b)). The employees who perform services for and are employed at an Emmis Station immediately prior to the Closing Date (excluding, however, the Excluded Employees) are herein referred to as the "Emmis Employees." The Emmis Entities will cooperate with Bonneville International in its efforts to hire the Emmis Employees. Those Emmis Employees who accept such offer are herein referred to as the "Transferred Employees." Bonneville International shall comply with the terms of any employment contract relating to any Transferred Employee to the extent expressly assumed or required to be assumed by Bonneville International hereunder.