CELLULAR EMPLOYEES Clause Samples

CELLULAR EMPLOYEES. Schedule 5.7(a) hereto contains a list of the names, positions, date of hire, annual salary or hourly wage rates and severance benefits as of the date hereof, of all Cellular Employees (including those on extended or other sick leave, furlough or leave of any kind) together with a statement of their respective annual salary or hourly wage rates for the current calendar year. Schedule 5.7(a) also sets forth a description of any written agreement, other than the employee benefit plans described on Schedule 5.9 hereto, with respect to the conditions of employment of any of the Cellular Employees. At Closing, Schedule 5.7(a) will be updated to include all such information as of the Date of Closing. The Cellular Employees constitute all of the employees of Seller who perform services primarily for the Cellular Business.