Common use of Terms of Offer Clause in Contracts

Terms of Offer. Each Branch Employee shall be offered employment subject to the following terms and conditions: (i) Each Branch Employee’s base salary shall be at least equivalent to the rate of annual base salary or regular hourly wage rate, as applicable, paid by Seller to such Branch Employee as of the Business Day prior to the Closing Date; (ii) Each Branch Employee shall have the same incentive compensation opportunity as is available to other similarly situated employees of Purchaser under the terms of the applicable incentive compensation plan of Purchaser; (iii) Each Branch Employee shall be eligible to receive employee benefits substantially comparable to those available to other similarly situated employees of Purchaser, as in effect from time to time; and (iv) Each Branch Employee shall be offered employment at a job location that is no more than twenty (20) miles from such Branch Employee’s primary workplace immediately prior to the Closing Date.

Terms of Offer. Each Branch Employee shall be offered employment subject to the following terms and conditions: (i) Each Branch Employee’s base salary shall be at least equivalent to the rate of annual base salary or regular hourly wage rate, as applicable, paid by Seller to such Branch Employee as of the Business Day prior to the Closing Date; (ii) Each Branch Employee shall have the same incentive compensation opportunity as is available to other similarly situated employees of Purchaser under the terms of the applicable incentive compensation plan of Purchaser, as in effect from time to time; (iii) Each Branch Employee shall be eligible to receive employee benefits substantially comparable to those available to other similarly situated employees of Purchaser, as in effect from time to time; and (iv) Each Branch Employee shall be offered employment at a job location that is no more than twenty (20) miles from such Branch Employee’s primary workplace immediately prior to the Closing Date.

Terms of Offer. Each Branch Employee shall be offered employment subject to the following terms and conditions: 47 (i) Each Branch Employee’s base salary shall be at least equivalent to the rate of annual base salary or regular hourly wage rate, as applicable, paid by Seller to such Branch Employee as of the Business Day prior to the Closing Date; ; (ii) Each Branch Employee shall have the same incentive compensation opportunity as is available to other similarly situated employees of Purchaser under the terms of the applicable incentive compensation plan of Purchaser; ; (iii) Each Branch Employee shall be eligible to receive employee benefits substantially comparable to those available to other similarly situated employees of Purchaser, as in effect from time to time; and and (iv) Each Branch Employee shall be offered employment at a job location that is no more than twenty thirty (2030) miles from such Branch Employee’s primary workplace immediately prior to the Closing Date.

Terms of Offer. Each Branch Employee shall be offered employment subject to the following terms and conditions: (i) Each Branch Employee’s base salary shall be at least equivalent to the rate of annual base salary or regular hourly wage rate, as applicable, paid by Seller to such Branch Employee as of the Business Day prior to the Closing Date; ; (ii) Each Branch Employee shall have the same incentive compensation opportunity as is available to other similarly situated employees of Purchaser such Branch Employee under the terms of the applicable incentive compensation plan of Purchaser; Seller and its Affiliates as of immediately prior to the Closing Date; (iii) Each Branch Employee shall be eligible to receive employee benefits substantially comparable to those available to other similarly situated employees of Purchaser, as in effect from time to time; and and (iv) Each Branch Employee shall be offered employment at a job location that is no more than twenty (20) miles from such Branch Employee’s primary workplace immediately prior to the Closing Date.

Terms of Offer. Each Branch Employee shall be offered employment subject to the following terms and conditions: (i) Each Branch Employee’s base salary shall be at least equivalent to the rate of annual base salary or regular hourly wage rate, as applicable, paid by Seller to such Branch Employee as of the Business Day prior to the Closing Date; (ii) Each Branch Employee shall have the same an incentive compensation opportunity as is no less favorable than that available to other similarly situated employees of Purchaser under the terms of the applicable incentive compensation plan of Purchaser, as in effect from time to time; (iii) Each Branch Employee shall be eligible to receive employee benefits substantially comparable to those available to other similarly situated employees of Purchaser, as in effect from time to time; and (iv) Each Branch Employee shall be offered employment at a job location that is no more than twenty (20) miles from such Branch Employee’s primary workplace immediately prior to the Closing Date.

Terms of Offer. Each Branch Employee shall be offered employment subject to the following terms and conditions: (i) Each Branch Employee’s base salary compensation shall be at least equivalent to the rate of annual base salary or regular hourly wage rate, as applicable, paid by Seller to such Branch Employee as of the Business Day prior to the Closing Date; (ii) Each Branch Employee shall have the same an incentive compensation opportunity as is no less favorable than that available to other similarly situated employees of Purchaser under the terms of the applicable incentive compensation plan of Purchaser, as in effect from time to time; (iii) Each Branch Employee shall be eligible to receive employee benefits substantially comparable to those available to other similarly situated employees of Purchaser, as in effect from time to time; and (iv) Each Branch Employee shall be offered employment at a job location that is no more than twenty (20) miles from such Branch Employee’s primary workplace immediately prior to the Closing Date.

Terms of Offer. Each Branch Employee shall be offered employment subject to the following terms and conditions: (i) Each Branch Employee’s base salary shall be at least equivalent to the rate of annual base salary or regular hourly wage rate, as applicable, paid by Seller to such Branch Employee as of the Business Day prior to the Closing Date; (ii) Each Branch Employee shall have the same incentive compensation opportunity as is available to other similarly situated employees of Purchaser under the terms such Branch Employee as of the applicable incentive compensation plan of PurchaserBusiness Day prior to the Closing Date; (iii) Each Branch Employee shall be eligible to receive employee benefits substantially comparable to those available to other similarly situated employees of Purchaser, as in effect from time to time; and (iv) Each Branch Employee (other than off-site employees) shall be offered employment at a job location that is no more than twenty (20) miles from such Branch Employee’s primary workplace immediately prior to the Closing Date.

Terms of Offer. Each Branch Employee shall be offered employment subject to the following terms and conditions: (i) Each Branch Employee’s base salary shall be at least equivalent to the rate of annual base salary or regular hourly wage rate, as applicable, paid by Seller to such Branch Employee as of the Business Day prior to the Closing Date; (ii) Each Branch Employee shall have the same incentive compensation opportunity as is available to other similarly situated employees of Purchaser such Branch Employee under the terms of the applicable incentive compensation plan of PurchaserSeller and its Affiliates as of immediately prior to the Closing Date; (iii) Each Branch Employee shall be eligible to receive employee benefits substantially comparable to those available to other similarly situated employees of Purchaser, as in effect from time to time; and (iv) Each Branch Employee shall be offered employment at a job location that is no more than twenty (20) miles from such Branch Employee’s primary workplace immediately prior to the Closing Date.