Purchaser Subsidiary. Purchaser shall take commercially reasonable efforts to cause Purchaser Subsidiary to (a) be duly formed, (b) be authorized to enter into the India APA, conduct the Target Business and hire the Personnel located in India, (c) establish employee benefits for such Personnel, which shall not be less favorable than the benefits provided to such Personnel by the Company Subsidiary, and (d) otherwise be able fulfill the obligations of Purchaser set forth in Section 5.11.
Appears in 1 contract
Sources: Asset Purchase Agreement (Silicon Laboratories Inc.)
Purchaser Subsidiary. Purchaser shall take commercially reasonable efforts to cause Purchaser Subsidiary to shall (a) be have been duly formed, (b) be authorized to enter into the India APA, conduct the Target Business and hire the Personnel located in India, (c) establish have established employee benefits for such Personnel, which shall not be less favorable than the benefits provided to such Personnel by the Company Subsidiary, and (d) otherwise be able to fulfill the obligations of Purchaser set forth in Section 5.11.
Appears in 1 contract
Sources: Asset Purchase Agreement (Silicon Laboratories Inc.)