SEC Filings

8-K
HORNBECK OFFSHORE SERVICES INC /LA filed this Form 8-K on 08/07/2003
Entire Document
 
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         (d) OTHER TAXES. Debts, obligations or liabilities of the Vessel Owning
Company, Seller, Manager and/or Stockholder, whether absolute, accrued,
contingent or otherwise, for (i) federal and state income taxes; (ii) franchise
taxes, (including interest and penalties thereon, if any); and (iii) any other
taxes of such parties.

         (e) PENSION AND OTHER EMPLOYEE PLANS. Debts, obligations or liabilities
under any pension, profit sharing, savings, retirement, health, medical, life,
disability, dental, deferred compensation, stock option, bonus, incentive,
severance pay, group insurance or other similar employee plans or arrangements,
or under any policies (including vacation, holidays or sick pay), handbooks, or
custom or practice, collective bargaining agreement, or any employment
agreements, whether express or implied, applicable to the Vessel Owning
Company's, Seller's, Manager's or Stockholder's employees and arising from
events occurring at any time before the Closing Time or after the Closing Time
and during the Crew Lease Period (as herein defined) as contemplated under the
terms of the Crew Management Agreement, except for any obligations reflected in
the Financial Statements or incurred in the ordinary course of business
consistent with the past practices of the Vessel Owning Company, Seller, Manager
or Stockholder since the date of the Financial Statements and before the Closing
Date.

         (f) PERSONAL INJURY, PRODUCTS LIABILITY AND RECALL CLAIMS. Debts,
expenses, obligations or liabilities of the Vessel Owning Company, Seller,
Manager or Stockholder arising out of any claim for personal injury (including
worker's compensation or otherwise), property damage, product recall, product
liability or strict liability, arising from events (including the shipment of
goods) occurring at any time before the Closing Time or after the Closing Time
and during the Crew Lease Period as contemplated under the terms of the Crew
Management Agreement (whether or not such claim is then asserted).

         (g) INFRINGEMENTS. Any liability or obligation of the Vessel Owning
Company, Seller, Manager or Stockholder arising out of any wrongful or unlawful
violation or infringement of any intellectual property right of any person or
entity occurring at any time before the Closing Time.

         (h) INDEBTEDNESS; INTERCOMPANY OBLIGATIONS. Any indebtedness or
liability of the Vessel Owning Company, Seller, Manager, Stockholder, the spouse
of Stockholder or any affiliate of such parties.

         (i) LITIGATION. Debts, expenses, obligations or liabilities of the
Vessel Owning Company, Seller, Manager or Stockholder arising out of any claim,
action, suit, arbitration, or proceeding pending as of the Closing Time or
arising out of or relating to matters or events occurring at any time before the
Closing Time.

         (j) ENVIRONMENTAL. Debts, expenses, obligations or liabilities arising
out of any Environmental Claim (as defined in Section 2.23 below) with respect
to the conduct of the Business or the operation of the Assets at any time before
the Closing Time.

         (k) EMPLOYMENT. Debts, expenses, obligations, or liabilities of the
Vessel Owning Company, Seller, Manager or Stockholder arising out of or related
to any claim for alleged breach of any employment agreement, wrongful discharge,
collective bargaining agreement or similar claim or claims made by any current
or former employee of Seller, Manager or 



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