Common use of Employment Arrangements and Employee Benefits Clause in Contracts

Employment Arrangements and Employee Benefits. (a) Purchaser intends to offer employment, commencing as of the Closing Date, at substantially the same wages, salary, benefits, hours and conditions in effect immediately prior to the Closing, to all employees listed on Schedule -------- 2.12 with such changes in the ordinary course of business of which Seller ---- notifies Purchaser (other than those employees listed on Schedule 6.1 (the ------------ "Excluded Employees") including Purchaser's revisions to Schedule 6.1 at or ------------ prior to Closing); provided, however, Purchaser reserves the right to make changes to such wages, salary, benefits, hours and conditions. Those employees who shall accept said offer of employment with Purchaser and who shall actually commence active employment with Purchaser shall collectively be referred to as the "Continuing Employees." Notwithstanding the foregoing, and without breaching the foregoing, Purchaser reserves the right to review staffing levels, wages, benefits and conditions of employment after the Closing, and to make appropriate changes, if in its judgment such changes are necessary in light of then existing business conditions.

Employment Arrangements and Employee Benefits. (a) Purchaser intends to offer employment, commencing as of the Closing Date, at substantially the same wages, salary, benefits, hours and conditions in effect immediately prior to the Closing, to all employees listed on Schedule -------- 2.12 with such changes in the ordinary course of business of which ------------- any Seller ---- notifies Purchaser (other than those employees listed on Schedule 6.1 (the ------------ "Excluded Employees") including Purchaser's revisions to Schedule 6.1 at or ------------ prior to Closing); ------------ provided, however, Purchaser reserves the right to make changes to such wages, salary, benefits, hours and conditions. Those employees who shall accept said offer of employment with Purchaser and who shall actually commence active employment with Purchaser shall collectively be referred to as the "Continuing Employees." Notwithstanding the foregoing, and without breaching the foregoing, Purchaser reserves the right to review staffing levels, wages, benefits and conditions of employment after the Closing, and to make appropriate changes, if in its judgment such changes are necessary in light of then existing business conditions.

Employment Arrangements and Employee Benefits. (a) Purchaser intends to offer employment, commencing as of the Closing Date, at substantially the same wages, salary, benefits, hours and conditions in effect immediately prior to the Closing, to all employees listed on Schedule -------- 2.12 with such changes in the ordinary course of business of which Seller ---- notifies Purchaser (other than those employees listed on Schedule 6.1 (the ------------ "Excluded Employees") including Purchaser's revisions to Schedule 6.1 at or ------------ prior to Closing); provided, however, Purchaser reserves the right to make changes to such wages, salary, benefits, hours and conditions. Those employees who shall accept said offer of employment with Purchaser and who shall actually commence active employment with Purchaser shall collectively be referred to as the "Continuing Employees." Notwithstanding the foregoing, and without breaching the foregoing, Purchaser reserves the right to review staffing levels, wages, benefits and conditions of employment after the Closing, and to make appropriate changes, if in its judgment such changes are necessary in light of then existing business conditions.