Examples of Business Employee in a sentence
Prior to the Closing Date, Seller shall cause the Acquired Companies to transfer the employment of each Business Employee to Seller or one of its Affiliates other than an Acquired Company.
Seller shall bear all costs and Liabilities related to the termination of employment or services of any Business Employee who is neither an Offer List Employee nor a Retained Business Employee, or who is an Offer List Employee but does not accept an offer of continued employment from Buyer or one of its Affiliates that complies with the terms of Section 9.7(b) and Section 9.7(d), and all such Liabilities shall be Excluded Liabilities for purposes of this Agreement.
Buyer may make up to three (3) requests for updated Business Employee Census, so long as such updates are requested no later than fifteen (15) business days before the Closing Date.
Following the date of this Agreement, within ten (10) business days following a written request by Xxxxx, Seller shall deliver to Buyer an updated Business Employee Census for the Business Employees as of the date of Buyer’s written request.
Following the date of this Agreement, Seller and Buyer shall cooperate in good faith to discuss the retention of Business Employees and impacts of employee attrition on the maintenance and preservation of the Business, including Seller providing Buyer, in accordance with Section 9.4, access to information reasonably required to assess Business Employee attrition and turnover.