DISABILITY WORKERS' COMPENSATION. To the extent commercially feasible, the Buyer and its plans shall assume all responsibility for unpaid workers' compensation, short-term disability and long-term disability incurred by a Current Employee after the Closing Date. Any Current Employee on short- term disability on the Closing Date shall continue short-term disability coverage under Seller's Plan for the duration of the coverage period.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Burke Industries Inc /Ca/), Stock Purchase Agreement (Tanner Chemicals Inc)
DISABILITY WORKERS' COMPENSATION. To the extent commercially feasible, the Buyer and its plans shall assume all responsibility for unpaid workers' compensation, short-short- term disability and long-term disability incurred claims made by a Current Employee after the Closing Date. Any With respect to any Current Employee on short- short-term disability on the Closing Date shall Date, the Buyer shall, at its expense, continue short-term disability coverage under substantially similar to that provided by the Seller's Plan for the duration of the coverage period.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Ns Group Inc), Stock Purchase Agreement (Ns Group Inc)
DISABILITY WORKERS' COMPENSATION. To the extent commercially feasible, the Buyer and its plans shall assume all responsibility for unpaid workers' compensation, short-term disability and long-term disability incurred claims made by a Current Employee after the Closing Date. Any With respect to any Current Employee on short- short-term disability on the Closing Date shall Date, the Buyer shall, at its expense, continue short-term disability coverage under substantially similar to that provided by the Seller's Plan for the duration of the coverage period.
Appears in 1 contract
Samples: Stock Purchase Agreement (Sovereign Specialty Chemicals Inc)
