Common use of Final Payroll Clause in Contracts

Final Payroll. Seller shall pay the amount of salaries, wages and benefits earned through the Closing Date by each employee of Seller who may become an employee of Buyer on the Closing Date on Seller’s next regularly scheduled pay date for that employee.

Appears in 1 contract

Sources: Asset Purchase Agreement (General Employment Enterprises Inc)

Final Payroll. Seller Sellers shall pay the amount of salaries, wages and benefits earned through the Closing Date by each employee of Seller their respective employees who may become an employee of Buyer on the Closing Date on such Seller’s next regularly scheduled pay date for that employee.

Appears in 1 contract

Sources: Asset Purchase Agreement (General Employment Enterprises Inc)

Final Payroll. Seller shall pay the amount of salaries, wages and benefits earned through the Closing Date by each employee of Seller the Business who may become becomes an employee of Buyer Purchaser on the Closing Date on the Seller’s 's next regularly scheduled pay date for that employee.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Ringer Corp /Mn/)