Common use of Employment Liabilities Clause in Contracts

Employment Liabilities. Any liability relating to, resulting from, or arising out of (and whether or not such liabilities arise prior to, on or following the Closing Date) (i) Seller’s actual or prospective employment or engagement, retention and/or termination of any current or former employee or service provider of Seller or any affiliate of Seller (including liabilities for compensation or benefits or liabilities with respect to a claim of an unfair labor practice or under any employment Law or regulation), (ii) any Seller Employee Benefit Plan (including, without limitation, any liability to make any payment or payments to any third party as a result of the transactions contemplated by this Agreement or worker’s compensation claims),

Appears in 4 contracts

Samples: Agreement for Purchase and Sale of Assets, Agreement for Purchase and Sale of Assets, Agreement for Purchase and Sale of Assets

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Employment Liabilities. Any liability relating to, resulting from, or arising out of (and whether or not such liabilities arise prior to, on or following the Closing Date) (i) Seller’s actual or prospective employment or engagement, retention and/or termination of any current or former employee or service provider of Seller or any affiliate of Seller (including liabilities for compensation or benefits or liabilities with respect to a claim of an unfair labor practice or under any employment Law or regulation), (ii) any Seller Employee Benefit Plan (including, without limitation, any liability to make any payment or payments to any third party as a result of the transactions contemplated by this Agreement or worker’s compensation claims),, (iii) due to Seller’s, or an affiliate of Seller’s, status as an ERISA Affiliate of any other entity.

Appears in 3 contracts

Samples: Agreement for Purchase and Sale of Assets, Agreement for Purchase and Sale, Agreement for Purchase and Sale of Assets

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