Actions Post Closing. Post Closing Buyer will perform the following actions: (a) All management oversight of PVS. (b) Collect all receivables due PVS. (c) All PVS funding requirements, including but not limited to supplying short-term capital needs should cash flow shortages arise. (d) Marketing and public relations will be a joint effort between Buyer and PVS. (e) All human resources requirements, payroll, benefits. (f) All legal issues. (g) Pay the $56,000 payable due to IntuoSoft, Inc. within 5 business days of Closing. (h) Satisfy credit card obligations of PVS in accordance with Section 7.1(f).
Appears in 2 contracts
Sources: Stock Purchase Agreement (Environmental Service Professionals, Inc.), Stock Purchase Agreement (Environmental Service Professionals, Inc.)