Employee Obligations

Example Definitions of "Employee Obligations"
Employee Obligations. Any obligations or liabilities of the Seller to pay any amount to, or on behalf of, the officers, directors, employees or consultants of the Seller relating to the operation of the Purchased Assets, and, without limiting the generality of the foregoing, Employee Obligations shall include the obligations of the Seller to officers, directors, employees or consultants for severance or termination payments relating to the disposition of the Purchased Assets, pursuant to any Contract or severance... policy, for bonus payments pursuant to any existing bonus program, or for outstanding holiday or overtime pay View More
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