No Amendment; No Third-Party Beneficiaries. Nothing in this Article 9 shall (a) be treated as an amendment of, or undertaking to amend, any benefit plan, (b) obligate Buyer, Seller or any of their respective Affiliates to retain the employment of any particular employee or (c) confer any rights or benefits on any person, including but not limited to any Xxx Xxxxxx Business Employee, other than the parties to this Agreement.
No Amendment; No Third-Party Beneficiaries. Nothing contained in this Article VI, express or implied, is intended to constitute an amendment to or any other modification of any Benefit Plan or employee benefit plan, program or arrangement of any party hereto. Further, this Article VI shall be binding upon and inure solely to the benefit of each of the parties to this Agreement, and nothing in this Article VI, express or implied, is intended to confer upon any other Person any rights or remedies of any nature whatsoever under or by reason of this Article VI. Nothing herein shall be construed as to confer upon any Continuing Employee any right to continued employment for any period or to prevent the Purchaser or any of its Affiliates from terminating the employment of any Continuing Employee at any time after the Closing Date for any reason or no reason.
No Amendment; No Third-Party Beneficiaries. Without limiting the generality of Section 12.08, nothing in this Article 8 or any other provision of this Agreement, whether express or implied, (a) shall limit the right of the Buyer or its Subsidiaries to amend, terminate or otherwise modify any employee benefit plan, agreement or other arrangement, including following the Closing Date or (b) shall confer upon any other Person who is not a Party (including any Identified Employee or any participant in any Benefit and Compensation Arrangement or other employee benefit plan, agreement or other arrangement (or any dependent or beneficiary thereof)) any right to continued or resumed employment or recall, any right to compensation or benefits, or any third-party beneficiary or other right of any kind or nature whatsoever.
No Amendment; No Third-Party Beneficiaries. Nothing contained in this Article 11, express or implied, is intended to constitute an amendment to or any other modification of any Business Employee Benefit Plan or Assumed Employee Benefit Plan. Further, this Article 11 shall be binding upon and inure solely to the benefit of each of the parties to this Agreement, and nothing in this Article 11, express or implied, is intended to confer upon any other Person any rights or remedies of any nature whatsoever under or by reason of this Article 11.
No Amendment; No Third-Party Beneficiaries. Regardless of anything else contained herein, the Parties do not intend for this Agreement to amend any Seller Benefit Plans or arrangements or create any rights or obligations except between the Parties. No Transferred Employee or other current or former employee of Xcerra or the Asset Sellers, including any beneficiary or dependent thereof, or any other Person not a party to this Agreement, shall be entitled to assert any claim hereunder.
No Amendment; No Third-Party Beneficiaries. Regardless of anything else contained herein, no provision of this Agreement shall be construed to amend any Benefit Plans or arrangements or create any rights or obligations except between the Parties. No Transferred Employee or other current or former employee of Vectron, any Asset Seller or the Acquired Company, including any beneficiary or dependent thereof, or any other Person not a party to this Agreement, shall be entitled to assert any claim hereunder. Section 5.3
No Amendment; No Third-Party Beneficiaries. Notwithstanding anything herein to the contrary, the Parties do not intend for this Agreement, and nothing in this Section 6.2 shall be construed to, establish, amend, modify, or terminate any Benefit Plans or other employee benefit plans, programs, policies, agreements, or arrangements or create any rights or obligations except between the Parties. No Transferred Employee or other current or former employee of the Company, the Acquired Company or any of their Affiliates or any beneficiary or dependent thereof, or any other person not a party to this Agreement, shall be granted any rights under or be entitled to assert any claim hereunder.
No Amendment; No Third-Party Beneficiaries. Regardless of anything else contained herein, the parties do not intend for this Agreement to amend any Benefit Plans or arrangements or create any rights or obligations except between the Parties. No Transferred Employee or other current or former employee of Dover or the Acquired Companies, including any beneficiary or dependent thereof, or any other Person not a party to this Agreement, shall be entitled to assert any claim hereunder.
No Amendment; No Third-Party Beneficiaries. The provisions of this Section 7.4 are for the sole benefit of the Parties, and nothing in this Section 7.4, expressed or implied, is intended or shall be construed to confer upon or give to any Person (including, for the avoidance of doubt, any Transferred Employee, Facility Contractor or other current or former employee or independent contractor of Seller or any of its Affiliates), other than the Parties and their respective permitted successors and assigns, any legal or equitable or other rights or remedies (including any third-party beneficiary rights). Nothing contained herein shall (i) constitute or be deemed to constitute the establishment, adoption, amendment, modification or termination of any Benefit Plan or any other benefit or compensation plan, program, policy, agreement or other arrangement or (ii) obligate Seller, Purchaser or any of their respective Affiliates to (A) maintain any particular Benefit Plan or any other benefit or compensation plan, program, policy, agreement or other arrangement or (B) retain the employment of any particular employee or the services of any particular independent contractor. Except as otherwise provided herein and provided that Purchaser complies with the terms of Section 7.4(a) and Section 7.4(a), Seller shall (i) retain and be solely responsible for all employee Liabilities relating to Facility Employees who do not become Transferred Employees, including Facility Employees who do not accept an offer of employment by Purchaser, and all employee Liabilities relating to Transferred Employees that arise from or relate to any event, circumstance or condition occurring or existing during the time period in which they were employed by Seller or its Affiliates, including any such Liabilities that arise as the result of termination of employment or services with Seller and (ii) comply with all applicable Laws relating to the termination of service of any Facility Employees.
