Examples of Seller Plans in a sentence
Seller shall not take any action that would reasonably be expected to materially and adversely affect Purchaser’s hiring or engagement of such Seller Employee(s) or Seller Contractor(s) in accordance with this Section 6.3; provided that the announcement and implementation of any Seller Plans (including any retention programs or post- Closing treatment of Seller Employees), in each case, in a manner consistent with the provisions of this Agreement, shall not be deemed to be a breach of this sentence.
As of the Closing, the Purchaser shall assume the Assumed Seller Plans and thereafter shall perform or cause to be performed all obligations of the Sellers with respect to each Assumed Seller Plan in accordance with the terms thereof as in effect as of the Closing.
Section 2.16(a)(ii) of the Seller Disclosure Letter lists all material Seller Plans.
Neither Buyer or any of its affiliates shall adopt, become a sponsoring employer of, nor have any liabilities or obligations with respect to the Seller Plans.
Buyer has reviewed and approved the Seller Plans (as defined in the Work Letter) for construction of the Improvements.