Common use of Xxxxxxxx’x Obligations Clause in Contracts

Xxxxxxxx’x Obligations. In the event an offer of employment is extended by the Buyers to and accepted by an employee of the Sellers pursuant to Section 4(c) and such subsequent employment by the Buyers is terminated within sixty (60) days from the Closing Date, the Sellers shall be responsible for, and shall pay to such accepting employee, all severance benefits (if any, pursuant to the Sellers' practices as in effect on the Closing Date) that may be due and owing such employee by reason of his or her employment with either the Sellers or the Buyers.

Xxxxxxxx’x Obligations. In the event an offer of employment is extended by the Buyers to and accepted by an employee of the Sellers Seller pursuant to Section 4(c) and such subsequent employment by the Buyers is terminated within sixty (60) days from the Closing Date, the Sellers Seller shall be responsible for, and shall pay to such accepting employee, all severance benefits (if any, pursuant to the Sellers' Seller's practices as in effect on the Closing Date) that may be due and owing such employee by reason of his or her employment with either the Sellers Seller or the Buyers.