No Transfer of Employment Sample Clauses

No Transfer of Employment. The Facility is not expected solely or primarily to have the effect of transferring employment from one part of Nueces County to another.
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No Transfer of Employment. The Buyer intends not to take over any European Business Employees. The Seller and the Buyer agree that the European Business Employees’ contracts of employment shall not be transferred to the Buyer and shall remain in full force and effect between the Seller and the European Business Employees.
Sample 1
No Transfer of Employment. (a) Sellers and Buyers agree that employees of Sellers and their affiliates (other than the Transferred Employees) are not intended to, by application of any applicable local law or otherwise, transfer to Buyers as a result of the Transactions. Sellers and Buyers are agreed that, wherever such a transfer could occur or be requested by any employees of Sellers or any of their affiliates (other than the Transferred Employees), they will contact such employees to avoid such transfer where at all possible under the respective statutory provisions of the jurisdiction governing the relevant employment relationship. Both Sellers and Buyers intend that all employees of Sellers and their affiliates (other than the Transferred Employees) shall not become employees of Buyers or any of their affiliates on or after the Closing Date irrespective of the Transactions. To this end, Sellers shall perform all actions and undertake all steps legally admissible in the respective jurisdictions to ensure that such employees do not become employees of the Buyers or any of their affiliates. Buyers and their affiliates covenant and agree not to hire or employ, for a period of twelve (12) months after the Closing Date, any employees domiciled in Europe that are terminated by Sellers or their affiliates.
Sample 1

Related to No Transfer of Employment

  • Offer of Employment To the extent a Designated Employee is not party to an employment agreement with a Transferor that is a Transferred Contract, the Transferor Parties shall cooperate with the Acquiring Parties and shall use commercially reasonable efforts to seek to obtain on behalf of the Acquiring Parties the acceptance of an offer of employment by any Designated Employees that the Acquiring Parties may hereafter elect to employ, and the Transferor Parties consent to the Acquiring Parties or any of their respective Affiliates communicating directly with such Designated Employees about offers of employment commencing ten (10) days prior to the Closing Date or such earlier date as the Transferors may agree to in their sole discretion. The Acquiring Parties shall make offers of employment to the Designated Employees on terms and conditions to be determined by the Acquiring Parties, provided that each offer of employment is on terms and conditions substantially similar to, and, considered on an overall basis, no less favorable than the Designated Employee’s terms and conditions of employment with the Transferor Parties. The Acquiring Parties shall recognize each Designated Employee’s service with the Transferring Parties for the purposes of calculating all statutory entitlements and the Acquiring Parties shall assume liability for each Designated Employee’s accrued entitlement to annual leave, long service leave and personal leave. The Transferor Parties agree to release each Designated Employee from his or her employment effective from the date on which the Designated Employee will commence employment with the Acquiring Parties. Each Principal has agreed by his execution of this Agreement to execute and deliver at Closing an employment agreement, substantially in the form attached hereto as Exhibit B (the “Employment Agreement”), to Parent or, if directed by Parent, one of Parent’s Affiliates. Except for obligations to the Transferors, to the Knowledge of the Transferors, the Principals are not obligated under or bound by any agreement or instrument, or any judgment, decree, or order of any court of administrative agency, that (a) conflicts or may conflict with their agreements and obligations to use their commercially reasonable efforts to promote the interests of the Acquiring Parties, (b) conflicts or may conflict with the business or operations of the Acquiring Parties, or (c) restricts or may restrict the use or disclosure of any information that may be useful to the Acquiring Parties. Without regard to whether the Acquiror employs the Principals or the Designated Employees, the Transferors shall be solely responsible for all outstanding payments due to the Principals and the Designated Employees under their existing terms of employment with the Transferors (including but not limited to salary, severance obligations or any other payment, except as otherwise provided for in this Section 5.4) through the Closing Date and the Transferor Parties acknowledge and agree that none of the Acquiring Parties shall assume or in any fashion be bound by any employment Contract between a Transferor and the Principals or a Designated Employee.

  • Transfer of Employees 4.16 At least three (3) regular work days' notice shall be given to the Union and the employees before workers are transferred from one reporting headquarters to another reporting headquarters. Upon failure to give three (3) days' notice, as stated above, the Employer shall pay one (1) additional day's subsistence for each day notice is not given, as defined in paragraph 5.2 to the existing shop headquarters. Where such penalty is applicable, it shall be based upon the headquarters from which the employee is being transferred. The notice of transfer required by this Section to be given to the Union shall be in writing to the Local Union's Business Office. The postmark date of such letter shall govern compliance. If the transfer is the result of the employee's request made through his/her Xxxxxxx or if no Xxxxxxx is available, the Business Representative, the reimbursement shall be waived. CAMP ACCOMMODATIONS

  • Contract of Employment 4.1 The employment status of Employees shall be as agreed between the Parties and recorded in writing.

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