Purchasers Obligations After the Closing. (a) Purchaser will cause the Company to offer continued employment to all employees of the Company set forth on Schedule 3.20(a) as ---------------- of the Closing Date, and such employees will have compensation and benefit packages, which include health and welfare benefits that in the aggregate are equivalent or superior to the compensation and benefit packages currently held by such employees, with the exception of a 401(k) matching plan and a pension plan. Purchaser will cause the Company to provide service credit to such employees for vacation accrual, sick pay and severance plans in accordance with the practice of the Company as of the Closing Date.
Purchasers Obligations After the Closing. Purchaser shall deliver copies of the fully executed Tenant Notice Letters to the respective tenants noted therein promptly after Closing provided that Purchaser receives copies of the fully executed Tenant Notice Letters at Closing from Seller, and Purchaser shall indemnify, defend and hold Seller harmless from any and all suits, claims, demands, causes of action, damages, losses, fees and expenses (including, without limitation, attorneys’ fees and expenses and court costs) in any way relating to Purchaser’s failure to deliver the Tenant Notice Letters to the tenants noted therein.
Purchasers Obligations After the Closing
