Common use of Termination of Employees by Sellers Clause in Contracts

Termination of Employees by Sellers. Sellers will terminate, as of the close of business on the Closing Date, all of their employees who work solely at the Company Owned Stores.

Appears in 2 contracts

Samples: Asset Purchase Agreement (U-Swirl, Inc.), Asset Purchase Agreement (Rocky Mountain Chocolate Factory Inc)

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Termination of Employees by Sellers. Sellers will terminate, as of the close of business on the Closing Date, all of their employees who work solely at the Company Owned StoresStore; provided, however, Sellers and Buyer may mutually agree on a plan for the retention of services of Xxxx Xxxxxxxx.

Appears in 1 contract

Samples: Assumption Agreement (Rocky Mountain Chocolate Factory Inc)

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Termination of Employees by Sellers. Sellers will terminate, as of the close of business on the Closing Date, all of their employees who work solely at the Company Owned StoresStore; provided, however, Sellers and Buyer may mutually agree on a plan for the retention of services of Kxxx Xxxxxxxx.

Appears in 1 contract

Samples: Asset Purchase Agreement (U-Swirl, Inc.)

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