Termination of Existing Employment Agreements. Effective as of the Closing Date, the Company shall (i) cause the termination of all employment agreements between any member of the Company Group and any employee, and (ii) enter into the Employment Agreement with each of the individuals set forth in Schedule 7.3, in form and substance acceptable to Purchaser.
Appears in 4 contracts
Samples: Merger Agreement and Plan of Reorganization (Oak Woods Acquisition Corp), Merger Agreement and Plan of Reorganization (Oak Woods Acquisition Corp), Merger Agreement and Plan of Reorganization (GreenVision Acquisition Corp.)
Termination of Existing Employment Agreements. Effective as of the Closing Date, the Company shall (i) cause the termination of all employment agreements between any member of the Company Group and the Company Subsidiaries and any employee, and (ii) enter into the Employment Agreement Agreements or Consulting Agreements with each of the individuals set forth in Schedule 7.37.3 of the Company Disclosure Schedule, in form and substance acceptable to PurchaserParent.
Appears in 1 contract
Samples: Merger Agreement and Plan of Reorganization (Mana Capital Acquisition Corp.)
