Shareholder Notes. The Interlink Cos. shall cause any indebtedness owed to the Interlink Cos. by the Shareholder to be written off or paid prior to the Effective Time, and the Shareholder shall be financially responsible for any payroll taxes owed by the Interlink Cos. in connection therewith.
Appears in 2 contracts
Sources: Merger Agreement (Ild Telecommunications Inc), Merger Agreement (Intellicall Inc)