No Rights Conferred Upon Employees. The parties hereby acknowledge that Purchaser is not under any obligation to employ any current or future employee of Seller or any Affiliate thereof. Further, nothing in this Agreement shall confer any rights or remedies under this Agreement on any employee.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (MFC Development Corp)
No Rights Conferred Upon Employees. The parties hereby acknowledge that that, except as otherwise provided in Section 10.1(a) and (b) and the Employment Agreement and as necessary to satisfy the condition in Section 9.2(m), Purchaser is not under any obligation to employ any current or future employee of Seller the Company or any Affiliate of the Company thereof. Further, nothing in this Agreement shall confer any rights or remedies under this Agreement on any employee.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Ocz Technology Group Inc), Asset Purchase Agreement (Ocz Technology Group Inc)
No Rights Conferred Upon Employees. The parties hereby acknowledge that that, except as otherwise provided in Section 10.1(a) and (b), Purchaser is not under any obligation to employ any current or future employee of Seller or any Affiliate thereof. Further, nothing in this Agreement shall confer any rights or remedies under this Agreement on any employee.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Tab Products Co), Asset Purchase Agreement (Docucon Incorporated)
No Rights Conferred Upon Employees. The parties hereby acknowledge that that, except as otherwise provided in Section 8.3(a) and (b), Purchaser is not under any obligation to employ any current or future employee of Seller or any Affiliate thereof. Further, nothing in this Agreement shall confer any rights or remedies under this Agreement on any employeecurrent or former employee of Seller.
Appears in 1 contract
