Orange County NC Website
Browse       Search
6 <br />Exhibit A <br />Excluded Liability Set-Aside <br />a.Unemployment costs and expenses related to former employees <br />of OPC at any time prior to the earlier of the June 30, <br />2012or the date the employee was hired by PBH and the <br />employees of OPC who are not hired by PBH prior to July 1, <br />2012- $150,000.00 <br />b.Workers’ compensation costs and expenses related to former <br />employees;- none anticipated <br />c.OPC’s liabilities, expenses, costs and judgments related to <br />litigation prior to July 1, 2012; - none anticipated <br />d.OPC’s liabilities, expenses, costs and judgments related to <br />disputes with providers or consumers arising from <br />occurrences prior to July 1,2012; and – none anticipated <br />e.completion of final audits, - $60,000 <br />f.closure of final accounts - $2,000 <br />g. preparations of legally required tax documents and other <br />similar activities - $2,000 <br />h. expenses of contract employees and counsel as necessaryto <br />conclude the wind down and complete final activities - <br />$50,000.00 <br />i. disposal of server and computers, $8,000 <br />j. bank service charges - $2,800 <br />k. preparation of W-2sby ADP - $1,000 <br /> <br />