Common use of Accrued Entitlements Clause in Contracts

Accrued Entitlements. Purchaser shall be responsible for all accrued entitlements, including vacation days, for Affected Employees as of the Closing Date consistent with Pfizer's policy in respect thereof.

Appears in 2 contracts

Samples: Stock and Asset Purchase Agreement (Pfizer Inc), Stock and Asset Purchase Agreement (United States Surgical Corp)

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Accrued Entitlements. Purchaser shall be responsible for all accrued entitlements, including vacation days, for Affected Employees and Terminated Employees as of the Closing Date consistent with Pfizer's policy ’s policies in respect thereofthereof to the extent such accrued entitlements are reflected as Payables in the Working Capital Statement.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Cadbury Schweppes Public LTD Co)

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Accrued Entitlements. Purchaser shall be responsible for all accrued entitlements, including but unused vacation days, Liabilities for Affected Employees who become employed with Purchaser or its Affiliates as of the Closing Date consistent with Pfizer's policy ’s policies in respect thereof, to the extent such Liabilities have been properly accounted for on Pfizer’s financial statements.

Appears in 1 contract

Samples: Stock and Asset Purchase Agreement (Advanced Medical Optics Inc)

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