Common use of Retention of Employees Prior to Closing Clause in Contracts

Retention of Employees Prior to Closing. Seller shall expend its reasonable efforts to (i) retain the Seller's Employees as employees of Seller until the Closing Date, and (ii) assist Buyer in securing the employment on the Closing Date of the Seller's Employees; provided, however, that Seller shall not be required to incur any financial obligation beyond continuing to pay for current employee compensation and benefits prior to the Closing in connection with the foregoing unless otherwise required by this Agreement. Seller shall notify Buyer promptly if, notwithstanding the foregoing, any of Seller's Employees terminates employment with Seller after the date of this Agreement but prior to the Closing.

Retention of Employees Prior to Closing. Seller shall expend its agrees to use --------------------------------------- reasonable efforts to (i) retain the Seller's Employees as employees of Seller the Business until the Closing Date, and (ii) to assist Buyer in securing the employment on after the Closing Date of the Seller's Employees; provided, however, that those Employees to whom Buyer (or designated by Buyer) makes or intends to make offers of employment under subsection (a) above. Seller shall not be required transfer any Employee to incur any financial obligation beyond continuing to pay for current employee compensation and benefits employment with Seller outside of the Business prior to the Closing in connection with or without the foregoing unless otherwise required by this Agreementconsent of Buyer. Seller shall notify Buyer promptly if, notwithstanding the foregoing, any of Seller's Employees Employee terminates employment with Seller after the date of this Agreement but prior to the Closing. Buyer may request Seller to hire additional employees for the Business, in which case Seller will use commercially reasonable efforts to identify and hire such employees.

Retention of Employees Prior to Closing. Seller shall expend its agrees to use --------------------------------------- reasonable efforts to (i) retain the Seller's Employees as employees of Seller the Business until the Closing Date, and (ii) to assist Buyer in securing the employment on after the Closing Date of the Seller's Employees; provided, however, that those Employees to whom Buyer (or designated by Buyer) makes or intends to make offers of employment under subsection (a) above. Seller shall not be required transfer any Employee to incur any financial obligation beyond continuing to pay for current employee compensation and benefits employment with Seller outside of the Business prior to the Closing in connection with or without the foregoing unless otherwise required by this Agreementconsent of Buyer. Seller shall notify Buyer promptly if, notwithstanding the foregoing, any of Seller's Employees Employee terminates employment or consultancy with Seller after the date of this Agreement but prior to the Closing. Buyer may request Seller to hire additional employees for the Business, in which case Seller will use commercial reasonable efforts to identify and hire such employees.

Retention of Employees Prior to Closing. Seller shall expend its agrees to use --------------------------------------- reasonable efforts to (i) retain the Seller's Employees as employees of Seller the Business until the Closing Date, and (ii) to assist Buyer in securing the employment on after the Closing Date of the Seller's Employees; provided, however, that those Employees to whom Buyer (or designated by Buyer) makes or intends to make offers of employment under subsection (a) above. Seller shall not be required transfer any Employee to incur any financial obligation beyond continuing to pay for current employee compensation and benefits employment with Seller outside of the Business prior to the Closing in connection with or without the foregoing unless otherwise required by this Agreementconsent of Buyer. Seller shall notify Buyer promptly if, notwithstanding the foregoing, any of Seller's Employees Employee terminates employment with Seller after the date of this Agreement but prior to the Closing. Buyer may request Seller to hire additional employees for the Business, in which case Seller will use commercial reasonable efforts to identify and hire such employees.

Retention of Employees Prior to Closing. Seller shall expend its agrees to use reasonable efforts to (i) retain the Seller's Employees as employees of Seller the IZ Business until the Closing Date, and (ii) to assist Buyer in securing the employment on after the Closing Date of the Seller's Employees; provided, however, that those Employees to whom Buyer (or designated by Buyer) makes or intends to make offers of employment under subsection (a) above. Seller shall not be required transfer any Employee to incur any financial obligation beyond continuing to pay for current employee compensation and benefits employment with Seller outside of the IZ Business prior to the Closing in connection with or without the foregoing unless otherwise required by this Agreementconsent of Buyer. Seller shall notify Buyer promptly if, notwithstanding the foregoing, any of Seller's Employees Employee terminates employment with Seller after the date of this Agreement but prior to the Closing. Buyer may request Seller to hire additional employees for the IZ Business, in which case Seller will use commercial reasonable efforts to identify and hire such employees.