Payroll Expenses. Seller shall pay when due all Liabilities of Seller to its employees or consultants including without limitation all wages, salaries, bonuses, vacation pay and other direct and/or indirect compensation earned by or owed to any current or former employee, temporary employee or consultant of Seller, subject to applicable restrictions under law, in each case with respect to periods prior to the Closing Date.
Appears in 3 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Cafepress Inc.), Asset Purchase Agreement (Cafepress Inc.)
Payroll Expenses. Seller shall pay when due have paid as of the Effective Date or scheduled as a Payable hereunder all Liabilities of Seller liabilities to its employees Employees or consultants including Consultants including, without limitation limitation, all wages, salaries, bonuses, vacation pay bonuses and other direct and/or or indirect compensation earned by or owed to any current or former employeeEmployee, temporary employee Employee or consultant Consultant of SellerSeller through and including the Effective Date, subject to applicable restrictions under law, in each case with respect to periods prior to the Closing Datewhether or not otherwise payable by such date.
Appears in 2 contracts
Samples: Agreement for Purchase and Sale of Assets (Tier Technologies Inc), Agreement for Purchase and Sale of Assets (Tier Technologies Inc)