Operations Director and Proprietor. Buyer shall have assumed, as of the Closing Date, Seller’s obligations the employment agreements with the Operations Director and the Proprietor of the Restaurant. Buyer shall use attempt to obtain from the Operations Director and Proprietor a release of the Seller from any claims in exchange for a release from Seller of any claims against the Operations Director or the Proprietor. Buyer shall indemnify Seller against any claim by the Operations Director or the Proprietor under their employment agreements to the extent such claim arises out of or relates to events occurring on or after the Closing Date.
Appears in 6 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Outback Steakhouse Inc), Asset Purchase Agreement (Outback Steakhouse Inc)
