Common use of No Employee Rights Clause in Contracts

No Employee Rights. Nothing in this Article VII, express or implied, shall confer upon any Employee, or legal representative or beneficiary thereof, any rights or remedies, including any right to employment or continued employment for any specified period, or compensation or benefits of any nature or kind whatsoever under this Agreement. Nothing in this Article VII, expressed or implied, shall be construed to prevent Purchaser from terminating or modifying to any extent or in any respect any Purchaser Benefit Plan or Assumed Benefit Plan. Nothing in this Article VII expressed or implied, or any other provision of this Agreement shall amend, or be deemed to amend, or shall restrict the amendment of any Benefit Plan (including any Business Benefit Plan, Deferred Transfer Employee Benefit Plan, Purchaser Benefit Plan or Assumed Benefit Plan), and nothing in this Article VII, express or implied, or any other provision of this Agreement is intended to, or does, constitute the establishment of, or an amendment to, any Benefit Plan (including any Business Benefit Plan, Deferred Transfer Employee Benefit Plan, Purchaser Benefit Plan or Assumed Benefit Plan).

Appears in 3 contracts

Samples: Acquisition Agreement (SB/RH Holdings, LLC), Acquisition Agreement (Energizer Holdings, Inc.), Acquisition Agreement (Energizer Holdings, Inc.)

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No Employee Rights. Nothing in this Article VII, express or implied, shall confer upon any Employee, or legal representative or beneficiary thereof, any rights or remedies, including any right to employment or continued employment for any specified period, or compensation or benefits of any nature or kind whatsoever under this Amended Agreement. Nothing in this Article VII, expressed or implied, shall be construed to prevent Purchaser from terminating or modifying to any extent or in any respect any Purchaser Benefit Plan or Assumed Benefit Plan. Nothing in this Article VII expressed or implied, or any other provision of this Amended Agreement shall amend, or be deemed to amend, or shall restrict the amendment of any Benefit Plan (including any Business Benefit Plan, Deferred Transfer Employee Benefit Plan, Purchaser Benefit Plan or Assumed Benefit Plan), and nothing in this Article VII, express or implied, or any other provision of this Amended Agreement is intended to, or does, constitute the establishment of, or an amendment to, any Benefit Plan (including any Business Benefit Plan, Deferred Transfer Employee Benefit Plan, Purchaser Benefit Plan or Assumed Benefit Plan).

Appears in 2 contracts

Samples: Acquisition Agreement (SB/RH Holdings, LLC), Acquisition Agreement (Energizer Holdings, Inc.)

No Employee Rights. Nothing in this Article VII, express or implied, shall confer upon any Employee, or legal representative or beneficiary thereof, any rights or remedies, including any right to employment or continued employment for any specified period, or compensation or benefits of any nature or kind whatsoever under this Agreement. Nothing in this Article VII, expressed or implied, shall be construed to prevent Purchaser from terminating or modifying to any extent or in any respect any Purchaser Benefit Plan or Assumed Benefit Plan. Nothing in this Article VII VII, expressed or implied, or any other provision of this Agreement shall amend, or be deemed to amend, or shall restrict the amendment of any Benefit Plan (including any Business HHI Benefit Plan, Listed Employee Benefit Plan, TLM Benefit Plan, Deferred Transfer Employee Benefit Plan, or Purchaser Benefit Plan or Assumed Benefit Plan), and nothing in this Article VII, express or implied, or any other provision of this Agreement is intended to, or does, constitute the establishment of, or an amendment to, any Benefit Plan (including any Business HHI Benefit Plan, Listed Employee Benefit Plan, TLM Benefit Plan, Deferred Transfer Employee Benefit Plan, or Purchaser Benefit Plan or Assumed Benefit Plan).

Appears in 1 contract

Samples: Acquisition Agreement (Spectrum Brands, Inc.)

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No Employee Rights. Nothing in this Article VII, express or implied, shall confer upon any Employee, or legal representative or beneficiary thereof, any rights or remedies, including any right to employment or continued employment for any specified period, or compensation or benefits of any nature or kind whatsoever under this Agreement. Nothing in this Article VII, expressed or implied, shall be construed to prevent Purchaser from terminating or modifying to any extent or in any respect any Purchaser Benefit Plan or Assumed Business Benefit Plan. Nothing in this Article VII expressed or implied, or any other provision of this Agreement shall amend, or be deemed to amend, or shall restrict the amendment of any Benefit Plan (including any Business Benefit Plan, Deferred Transfer Employee Benefit Plan, Purchaser Benefit Plan or Assumed Business Benefit Plan), and nothing in this Article VII, express or implied, or any other provision of this Agreement is intended to, or does, constitute the establishment of, or an amendment to, any Benefit Plan (including any Business Benefit Plan, Deferred Transfer Employee Benefit Plan, Purchaser Benefit Plan or Assumed Business Benefit Plan).

Appears in 1 contract

Samples: Acquisition Agreement (Energizer Holdings, Inc.)

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