Common use of Post-Closing Obligation Clause in Contracts

Post-Closing Obligation. Within fifteen (15) days following the Closing Date, Seller shall pay all wages, bonuses, commissions and other benefits and sums (and all required taxes, insurance, social security and withholding thereon), including all accrued vacation, accrued sick leave, accrued benefits and accrued payments (and pro rata accruals for a portion of a year) due to Seller's employees for all periods prior to and through the Closing Date.