Closing Date from Asset Purchase Agreement
THIS ASSET PURCHASE AGREEMENT (Agreement) is made and entered into this 29th day of January, 2008 by and between Temps, Inc., a Missouri corporation (Buyer) and TeamStaff Rx, Inc. (TeamStaff Rx), a Texas corporation and a wholly-owned subsidiary of TeamStaff, Inc., a New Jersey corporation (TeamStaff) which includes the Nursing Innovations division (Nursing Innovations) of TeamStaff Rx, Inc. TeamStaff Rx and TeamStaff are sometimes individually and collectively referred to herein as Seller.
Closing Date. Subject to the terms and conditions of this Agreement, the closing of the transactions contemplated by this Agreement (the Closing) will occur at the Location on January 31, 2008 at 10 a.m., or at such other place, date and time as may be mutually agreed to by the parties (the Closing Date). Notwithstanding the foregoing, the Closing shall be effective as of 11:59 p.m. Central Standard Time (CST) on January 26, 2008.