Common use of Employment/Change of Control Agreements Clause in Contracts

Employment/Change of Control Agreements. Effective as of the Closing Date, Buyer and Sellers shall take all actions necessary (including, without limitation, obtaining consents of the affected employees) to cause Buyer to be substituted for SUT (or, as applicable, an Affiliate) under the employment and change of control agreements set forth on Schedule 10.2.1(f), and Buyer shall assume and be liable for any and all liabilities under such agreements.

Appears in 4 contracts

Samples: Purchase Agreement (Alpine Group Inc /De/), Purchase Agreement (Superior Telecom Inc), Iii Purchase Agreement (Superior Telecom Inc)

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