Termination Agreement

Legal AgreementsTermination (2009)

Enlazado como:
Abogados Civil

Extracto


Termination Agreement

TERMINATION AGREEMENT ENTERED INTO BY AND BETWEEN ....................., INC. .....................(HEREINAFTER REFERRED TO AS "NEW EMPLOYER"), HEREIN REPRESENTED BY MR. ....................., AND _____________, S.A. de C.V. ..................... (HEREINAFTER REFERRED TO AS "ORIGINAL EMPLOYER"), HEREIN REPRESENTED BY ....................., PURSUANT TO THE FOLLOWING BACKGROUND, REPRESENTATIONS AND CLAUSES:

BACKGROUND

I. On the same date of execution of this agreement, NEW EMPLOYER, as purchaser, and ORIGINAL EMPLOYER, as seller, entered into an Assets and Working Capital Purchase Agreement for the sale of the plant, equipment, machinery and working capital described therein.

II. Pursuant to such Assets and Workin...

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