Common use of Vendor Liabilities Clause in Contracts

Vendor Liabilities. The Vendor shall be responsible for all Liabilities related to Employees not set out in Section 6.1(2) above, including but not limited to: (a) for salary, wages, bonuses, commissions, vacations, vacation pay and other compensation and benefits relating to the employment of all Transferred Employees prior to the Closing Date; and (b) for salary, wages, bonuses, commissions, vacations, vacation pay and other compensation and benefits relating to the employment or termination of employment of all Employees who are not Transferred Employees.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Mastech Digital, Inc.)

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Vendor Liabilities. The Vendor shall be responsible for all Liabilities related to Employees not set out in Section 6.1(2) above, including but not limited to: (a) for salary, wages, bonuses, commissions, vacations, vacation pay and other compensation and benefits relating to the employment of all Transferred Employees prior to the Closing Date; and (b) for salary, wages, bonuses, commissions, vacations, vacation pay and other compensation and benefits relating to the employment or termination of employment of all Employees who are not Transferred EmployeesXx. Xxxxxx Xxxxxx and Mr. Réal Xxxxxxxxxxx.

Appears in 1 contract

Samples: Asset Purchase Agreement (BBX Capital, Inc.)

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Vendor Liabilities. The Vendor shall be responsible for all Liabilities related to Employees not set out in Section 6.1(25.1(3) above, including but not limited to: (a) for salary, wages, bonuses, commissions, vacations, vacation pay and other compensation and benefits relating to the employment of all Transferred Employees prior to the Closing Date; and (b) for salary, wages, bonuses, commissions, vacations, vacation pay and other compensation and benefits relating to the employment or termination of employment of all Employees who are not Transferred Employees.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mastech Digital, Inc.)

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