No Obligation to Maintain Employees or Plans. The terms of this Article VII shall not entitle any Business Employee to remain in the employment of Purchaser or one of its Affiliates or affect the right of Purchaser or one of its Affiliates to terminate any Transferred Employee at any time, or affect the right of Purchaser or one of its Affiliates to establish, modify or terminate any employee benefit plan or any benefit under any such plan at any time.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Seachange International Inc), Asset Purchase Agreement (Liberate Technologies), Asset Purchase Agreement (Liberate Technologies)