Common use of Timing of Transfer Clause in Contracts

Timing of Transfer. All Transferred Employees shall become employees of the Buyer or its Affiliates as of 12:00:01 a.m. of the respective local time where the Transferred Employees are located on the relevant Transferred Employee Start Date; provided, that if any Transferred Employee is on a leave of absence approved by the Seller or any of its Affiliates on what would otherwise be such employee’s Transferred Employee Start Date, such employee shall not become an employee of the Buyer or its Affiliates on that date. Such employee’s Transferred Employee Start Date shall be postponed until the first day of the month following the expiration of such leave, provided such employee is otherwise able to commence active employment and the Buyer’s offer of employment remains in effect at that time. At such time, the Buyer and its Affiliates shall become responsible for payment of all salaries, wages and benefits and all other claims, costs, expenses, liabilities and other obligations relating to the employment of the Transferred Employees incurred from and after such time. The Seller or its Affiliate, as the case may be, shall be responsible for all salaries, wages, and benefits and all other claims, costs, expenses, liabilities and other obligations related to the employment or termination the Transferred Employees incurred prior to such time. For purposes of medical, dental, vision, disability and other similar benefits, a claim will be deemed to have been incurred upon the incurrence of a qualified expense for which reimbursement or payment is sought.

Timing of Transfer. All Transferred Employees shall become employees of the Buyer or its Affiliates as of 12:00:01 a.m. of the respective local time where the Transferred Employees are located on the relevant Transferred Employee Start Date; provided, that if any Transferred Employee is on a leave of absence approved by the Seller or any of its Affiliates on what would otherwise be such employee’s 's Transferred Employee Start Date, such employee shall not become an employee of the Buyer or its Affiliates on that date. Such employee’s 's Transferred Employee Start Date shall be postponed until the first day of the month following the expiration of such leave, provided such employee is otherwise able to commence active employment and the Buyer’s 's offer of employment remains in effect at that time. At such time, the Buyer and its Affiliates shall become responsible for payment of all salaries, wages and benefits and all other claims, costs, expenses, liabilities and other obligations relating to the employment of the Transferred Employees incurred from and after such time. The Seller or its Affiliate, as the case may be, shall be responsible for all salaries, wages, and benefits and all other claims, costs, expenses, liabilities and other obligations related to the employment or termination the Transferred Employees incurred prior to such time. For purposes of medical, dental, vision, disability and other similar benefits, a claim will be deemed to have been incurred upon the incurrence of a qualified expense for which reimbursement or payment is sought.

Timing of Transfer. All Transferred Employees Each Eligible Employee who accepts Buyer’s offer of employment shall become employees an employee of the Buyer or its Affiliates as applicable, as of 12:00:01 12:00 a.m. of the respective local time at the location where the Transferred Employees are located such Eligible Employee is employed on the relevant Transferred Employee Start Closing Date; provided, that if any Transferred such Eligible Employee is on a leave of absence approved by the Seller a Company or any of its Affiliates on what would otherwise be such employee’s Transferred Employee Start the Closing Date, such employee shall not become an employee of the Buyer or its Affiliates on that date. Such employee’s Transferred Employee Start Date first day of employment shall be postponed until the first day of the month immediately following the expiration of such leave, provided such employee is otherwise able to commence active employment and the Buyer’s offer of employment remains in effect at that time. At such timetime that the Eligible Employees become employees of the Buyer or its Affiliates, the Buyer and its Affiliates shall become responsible for payment of all salaries, wages wages, severance, accrued and unused vacation, and benefits and all other claimsclaims (including medical, dental, vision, disability and other benefits claimed), costs, expenses, liabilities and other obligations relating to the employment of the Transferred Continued Employees incurred from and after such time. The Seller or its Affiliate, as the case may be, Sellers shall be responsible for all salaries, wages, and benefits and all other claims, costs, expenses, liabilities and other obligations related to the employment or termination of the Transferred Eligible Employees incurred prior to such timethe Closing Date. For purposes of medical, dental, vision, disability and other similar benefits, a claim will be deemed to have been incurred upon the incurrence of a qualified expense for which reimbursement or payment is sought.