Common use of Employment Offers to Employees on Leave Clause in Contracts

Employment Offers to Employees on Leave. In addition, Buyer covenants that no later than fifteen (15) Days prior to the Closing Date, Buyer or Buyer’s Affiliates shall offer employment with Buyer or Buyer’s Affiliates to each Employee who is on Leave as of the expiration of the Transition Period, except for the Excluded Employees, with such employment commencing at such time as such Employee is ready to return to work (but not sooner than the later of the Closing Date or, with respect to Employees on Leave who would be engaged in providing services on behalf of Seller under the Transition Services Agreement, the expiration of the Transition Period), at the same or better salaries or wages, with similar duties and responsibilities, at the same location and on the same status (e.g., full-time or part-time), as provided by Seller Group immediately prior to the commencement of such Employee’s Leave; provided, however, that such Employee is ready to return to work within one hundred twenty (120) Days after the expiration of the Transition Period and contingent upon such Employee passing an appropriate background check and drug screening test. Buyer covenants that Buyer or Buyer’s Affiliates shall offer each Employee on Leave no less than ten (10) Days during which to accept or reject Buyer’s or its Affiliates’ employment offer.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)

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Employment Offers to Employees on Leave. In addition, Buyer covenants that no later than fifteen ten (1510) Days prior to days after the Closing Datedate of execution of this Agreement by Buyer, Buyer or Buyer’s Affiliates shall offer employment with Buyer or Buyer’s Affiliates the Employer to each Employee who is on Leave Leave, effective as of the expiration of the Transition PeriodClosing Date, except for the Excluded Employees, with such employment commencing at such time as such Employee is ready to return to work (but not sooner than the later of the Closing Date or, with respect to Employees on Leave who would be engaged in providing services on behalf of Seller under the Transition Services Agreement, the expiration of the Transition Period)work, at the same or better salaries or wages, with substantially similar duties and responsibilities, at the same location with respect to Employees listed in Group A of Part 1 of Schedule ”L” and at any of Buyer’s offices with respect to Employees listed in Group B of Part 1 of Schedule ”L” and on the same status (e.g., full-time or part-time), ) as provided by Seller or other members of the BP Group immediately prior to the commencement of such Employee’s Leave; provided, however, that such Employee is ready to return to work within one hundred twenty (120) Days days after the expiration Closing Date or, where the Employee is on a pregnancy or parental leave, upon completion of such Leave. Seller shall be entitled to review for compliance with the Transition Period and contingent upon provisions of this Article 6 each offer prior to Buyer issuing such Employee passing an appropriate background check and drug screening testemployment offers. Buyer covenants that Buyer or Buyer’s Affiliates shall offer will give each Employee on Leave no less than ten seven (107) Days during days in which to accept or reject Buyer’s or its Affiliates’ employment offer. Seller shall be responsible for compensation, benefits and liabilities owed to Employees during any period of Leave.

Appears in 1 contract

Samples: Share Purchase and Sale Agreement (Pacific Energy Partners Lp)

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Employment Offers to Employees on Leave. In addition, Buyer Purchaser covenants that no later than fifteen (15) Days prior to the Closing Date, Buyer Purchaser or BuyerPurchaser’s Affiliates shall offer employment with Buyer Purchaser or BuyerPurchaser’s Affiliates to each Employee who is on Leave as of the expiration of the Transition Period, except for the Excluded Employees, with such employment commencing at such time as such Employee is ready to return to work (but not sooner than the later of the Closing Date or, with respect to Employees on Leave who would be engaged in providing services on behalf of Seller under the Transition Services Agreement, the expiration of the Transition Period), at the same or better salaries or wages, with similar duties and responsibilities, at the same location and on the same status (e.g., full-time or part-time), as provided by Seller Group immediately prior to the commencement of such Employee’s Leave; provided, however, that such Employee is ready to return to work within one hundred twenty (120) Days after the expiration of the Transition Period and contingent upon such Employee passing an appropriate background check and drug screening testPeriod. Buyer Purchaser covenants that Buyer Purchaser or BuyerPurchaser’s Affiliates shall offer each Employee on Leave no less than ten (10) Days during which to accept or reject BuyerPurchaser’s or its Affiliates’ employment offer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Eagle Rock Energy Partners L P)

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