Common use of Offers of Employment to Seller's Employees Clause in Contracts

Offers of Employment to Seller's Employees. On or before the Closing Date, the Buyer may offer employment to such of the Sellers' employees as the Buyer shall select, in its sole discretion, such employment to begin on or after the date of the Closing and to be upon such terms and conditions as determined by the Buyer in its sole discretion, but the parties hereto acknowledge and agree that the Buyer has no obligation to employ any person.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Kemp Schaeffer Rowe & Lardiere), Asset Purchase Agreement (Sonic Automotive Inc), Asset Purchase Agreement (Sonic Automotive Inc)

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Offers of Employment to Seller's Employees. On or before prior to the Closing Datedate of the Closing, the Buyer may offer employment to such of the Sellers' employees as the Buyer shall select, in its sole discretion, such employment to begin on or after the date of the Closing and to be upon such terms and conditions as determined by the Buyer in its sole discretion, but the parties hereto acknowledge and agree that the Buyer has no obligation to employ any person.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sonic Automotive Inc)

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