Common use of Recruitment of Employees Clause in Contracts

Recruitment of Employees. After the Equity Interest Transfer is completed, the Transferee shall employ operational and managerial personnel for the Object Company through social recruitment and the original Employees of the Object Company shall be given employment priority with the Object Company upon the same conditions and terms as such original. Employees enjoyed as employees with the Object Company prior to the Delivery Date. If the construction, production and business management requires and the Transferee is willing to retain the original Employees of the Object Company, the Object Company shall sign new employment contracts with the retained employees.

Appears in 2 contracts

Samples: Equity Interest Transfer Contract (China Hydroelectric Corp), Equity Interest Transfer Contract (China Hydroelectric Corp)

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Recruitment of Employees. After the Equity Interest Transfer is completed, the Transferee shall employ operational and managerial personnel for the Object Company through social recruitment and the original Employees of the Object Company shall be given employment priority with the Object Company upon the same conditions and terms as such original. original Employees enjoyed as employees with the Object Company prior to the Delivery Date. If the construction, production and business management requires and the Transferee is willing to retain the original Employees of the Object Company, the Object Company shall sign new employment contracts with the retained employees.

Appears in 2 contracts

Samples: Equity Interest Transfer Contract (China Hydroelectric Corp), Equity Interest Transfer Contract (China Hydroelectric Corp)

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