Common use of No Obligation to Hire Clause in Contracts

No Obligation to Hire. Nothing contained in this Agreement shall impose, or be deemed to impose, upon Buyer any obligation to employ or retain any persons who are employed by Company or any of its subsidiaries as of the Closing Date or to offer employment to such persons under similar working conditions as those existing prior to the Closing.

Appears in 1 contract

Samples: Option Agreement (Infinity Resources Holdings Corp.)

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No Obligation to Hire. Nothing contained in this Agreement shall impose, or be deemed to impose, upon Buyer any obligation to employ or retain any persons who are employed by Company Seller or any of its subsidiaries Seller Affiliate as of the Closing Date or to offer employment to such persons under similar working conditions as those existing prior to the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Marinemax Inc)

No Obligation to Hire. Nothing contained in this Agreement shall impose, or be deemed to impose, upon Buyer or Company any obligation to employ or retain any persons who are employed by Company or any of its subsidiaries as of the Closing Date or to offer employment to such persons under similar working conditions as those existing prior to the Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Duraswitch Industries Inc)

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No Obligation to Hire. Nothing contained in this Agreement shall impose, or be deemed to impose, upon Buyer any obligation to employ or retain any persons who are employed by Company Seller or any of its subsidiaries as of the Closing Date or to offer employment to such persons under similar working conditions as those existing prior to the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Clear Choice Financial, Inc.)

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