MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks

(b) From the date of this Agreement until the Initial Closing, Seller must
promptly provide to Buyer:
(i) notice of the termination of employment of any Initial Closing
Employee for any reason including details of the name, position, location and termination date of
that Initial Closing Employee;
(ii) notice of the commencement of employment of any person who
becomes an Initial Closing Employee in accordance with this Agreement including accurate
details of their employment; and
Section 3.8(c).
(iii) notice of any changes to the information provided pursuant to
(c) On or before the Initial Closing Date, Seller or a Seller Party must pay to
each Initial Closing Employee all amounts to which the Initial Closing Employee is entitled
including wages, salary, allowances, superannuation contributions, commissions, benefits
(including long and short term incentive plans and entitlements under employee share plans,
option plans, phantom share or option plans) and any other remuneration or benefit payable or
required to be provided to an Initial Closing Employee accrued or arising at the Initial Closing in
relation to such Initial Closing Employee’s employment by Seller and the Seller Parties before
the Initial Closing; provided, however, that nothing in this Section 6.6 places any obligation on
Seller or any Seller Party to make payment of (1) the Initial Closing Employee Entitlements, (2)
the Initial Closing Bonus Entitlements or (3) the Initial Closing Severance Amounts, in each
case, in respect of any Initial Closing Employee. Subject to Section 1.2(b), such Initial Closing
Employee Entitlements and Initial Closing Bonus Entitlements and such Initial Closing
Severance Amounts (if applicable) will be transferred to and shall be assumed by and the sole
responsibility of Buyer or the applicable Buyer Party.
(d) From and after the Initial Closing Date, Buyer or the applicable Buyer
Party shall collect and be entitled to retain payments from the applicable Initial Closing
Employees in respect of any loans comprising any portion of the Chilean Employee Loan
Amount.
(e) With effect from the Initial Closing, Buyer or the applicable Buyer Party
must pay to or in respect of each Initial Closing Employee as and when they fall due amounts
arising out of or in connection with:
(i) all base salary, incentive compensation opportunities and employee
benefits of that Initial Closing Employee accruing after the Initial Closing;
(ii) all allowances, superannuation contributions and commissions of
that Initial Closing Employee accruing after the Initial Closing;
(iii) all Initial Closing Employee Entitlements of that Initial Closing
Employee (A) accrued but unused as of the Initial Closing and (B) accruing after the Initial
Closing;
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