Employee Liability Claims. (a) As between Buyer, on the one hand, and Sellers and ERISA Affiliates, on the other, Sellers and any ERISA Affiliate shall assume or retain, as the case may be, and be solely responsible for all of the following from and after the Closing (“Employee Excluded Liabilities”):
Appears in 2 contracts
Samples: Asset Purchase Agreement (Bearingpoint Inc), Asset Purchase Agreement (Bearingpoint Inc)
Employee Liability Claims. (ai) As between Buyerthe parties, on the one hand, and Sellers and ERISA Affiliates, on the other, Sellers Seller and any ERISA Affiliate shall (i) sponsor and (ii) assume or retain, as the case may be, and be solely responsible for all of the following from and after the Closing (Closing, which will be considered “Employee Excluded Liabilities”):” for purposes of this Agreement, including Section 2.3 hereof:
Appears in 2 contracts
Samples: Asset Purchase Agreement (Ikanos Communications), Asset Purchase Agreement (Ikanos Communications)