Common use of Employment Generally Clause in Contracts

Employment Generally. The parties acknowledge that (a) Buyer Service Co will require the services of some or all of the Employees in connection with the management and operation of the Assets after the Closing, and (b) Buyer Service Co intends to offer employment to some or all of the Employees on terms to be determined by Buyer Service Co. Buyer Service Co shall be solely responsible for all employment decisions in connection with such offers, and Buyer Service Co shall not be obligated to offer employment to any particular Employee or group of Employees. Unless and until Buyer Service Co employs an Employee, Seller Service Co shall remain legally responsible for such Employee in accordance with Applicable Laws, subject to the other provisions of this Agreement. Buyer shall pay to Seller Service Co a fee equal to the Severance Amounts attributable to the Employees (except for the Retiring Employees) in accordance with Section 12.3 hereof.