Common use of Termination of Employees Clause in Contracts

Termination of Employees. On the Closing Date, Seller shall terminate all of its employees who are then employed in the Business. Seller hereby agrees to be solely responsible for any termination benefits to which any of the employees is entitled by reason of such termination whether or not such person is subsequently employed by Buyer; it being understood and agreed that those terminated employees will be required to make application for employment with Buyer through Buyer's application process. The Companies shall, to the extent required by federal and state law, provide notice to its employees of their lay-off and/or closing of its operation.

Termination of Employees. On At the time of the Closing, Seller will terminate the employment of its employees employed in the Business and will pay to such employees, promptly when due and payable under applicable laws and regulations, all accrued salary and benefits up to the Closing Date, Seller shall terminate all of its employees who are then employed in the Business. Seller hereby agrees to be solely responsible for any termination benefits to which any Purchaser will enter into such new employment arrangements as it may desire with such of the employees is entitled by reason of such termination whether or not such person is subsequently employed by Buyer; as it being understood and agreed that those terminated employees will be required shall elect to make application for employment with Buyer through Buyer's application process. The Companies shall, to the extent required by federal and state law, provide notice to its employees of their lay-off and/or closing of its operationemploy.

Termination of Employees. On the Closing Date, Seller Sellers shall ------------------------- terminate the employment of all of its employees who are then employed in the Business. Seller hereby agrees to be solely responsible for any termination benefits to which any of the employees is entitled by reason Business so as to make the services of such termination whether or not person available to Buyer. Buyer may, at its sole discretion, employ such person is subsequently employed by Buyer; it being understood and agreed that those terminated employees will be required persons under arrangements which are terminable at will. Buyer expressly reserves the right to make application for terminate the employment with Buyer through Buyer's application process. The Companies shall, to the extent required by federal and state law, provide notice to its employees of their lay-off and/or closing of its operationany such employee at any time.

Termination of Employees. On the Closing Date, Seller shall terminate the employment of all those employees of its employees who are then employed in Seller that Buyer wishes to employ so as to make the Business. Seller hereby agrees to be solely responsible for any termination benefits to which any of the employees is entitled by reason services of such termination whether or not persons available to Buyer. Buyer may, at its sole discretion, employ such person is subsequently employed by Buyer; it being understood and agreed that those terminated employees will be required to make application for employment with Buyer through Buyer's application process. The Companies shall, to the extent required by federal and state law, provide notice to its employees of their lay-off and/or closing of its operationpersons under agreements which are terminable at will.