CERTAIN PERSONNEL MATTERS Sample Clauses

CERTAIN PERSONNEL MATTERS. (a) Compensation of, and bonuses for, all employees of the Retail Operations owed for all periods of employment of such employees through and including the date of this shall be borne and paid for by Yukon. Compensation of and any bonuses for all employees hired by Western for all periods of employment subsequent to the date of this Agreement shall be borne and paid for by Western. All vacation, sick day and holiday pay of all employees of the Retail Operations that have accrued or were earned prior to the date of this Agreement shall be the sole responsibility of Yukon and shall be paid in full prior to the date of this Agreement or accrued on the books of Yukon and remitted to the employee at the time of his or her vacation or holiday.
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CERTAIN PERSONNEL MATTERS. (c) Compensation of, and bonuses for, all employees of the Retail Operations owed for all periods of employment of such employees through and including the Closing Date shall be borne and paid for by Seller, except for Seller's obligations for commissions to employees of the Retail Operations, which shall be borne and paid for by Seller through and including the Cutoff Date. Compensation of and any bonuses for all employees hired by Western for all periods of employment subsequent to the Closing Date shall be borne and paid for by Western. All vacation, sick day and holiday pay of all employees of the Retail Operations that have accrued or were earned prior to the Closing Date shall be the sole responsibility of Seller and shall be paid in full prior to the Closing Date or accrued on the books of Seller and remitted to the employee at the time of his or her vacation or holiday.
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CERTAIN PERSONNEL MATTERS. (a) Compensation of, and bonuses for, all employees of the Retail Operations owed for all periods of employment of such employees through and including the Closing Date shall be borne and paid for by Seller. Compensation and any bonuses for all employees hired by the Buyer for all periods of employment subsequent to the Closing Date shall be borne and paid for by Buyer. All vacation, sick day and holiday pay of all employees of the Retail Operations which have accrued or were earned prior to the Closing Date, shall be the sole responsibility of the Seller and shall be paid in full prior to the Closing Date, or accrued on the books of Seller and remitted by the Seller to the employee at the time of his vacation or holiday.
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CERTAIN PERSONNEL MATTERS. (a) Compensation of and any bonuses for all employees hired by Buyer for all periods of employment subsequent to the date of this Agreement shall be borne and paid for by Buyer. All vacation, sick day, commissions, and holiday pay of all employees of the Retail Operations that have accrued or were earned prior to the date of this Agreement shall be the sole responsibility of Western and shall be paid in full prior to the date of this Agreement or accrued on the books of Western and remitted to the employee at the time of such payments are due to the employees. Buyer shall be responsible for all vacation, sick day, commissions, and holiday pay of all employees of the Retail Operations that accrue or are earned after the date of closing.
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CERTAIN PERSONNEL MATTERS. (a) Compensation of and any bonuses for all employees hired by Buyer for all periods of employment subsequent to the date of this Agreement shall be borne and paid for by Buyer. All vacation, sick day, and holiday pay of all employees of the Retail Operations that have accrued or were earned prior to the date of this Agreement shall be the sole responsibility of Western and shall be paid in full prior to the date of this Agreement or accrued on the books of Western and remitted to the employee at the time of his or her vacation or holiday.
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CERTAIN PERSONNEL MATTERS. Neither Buyer nor any of its Affiliates or representatives shall contact or attempt to contact directly any employees at any time during which they are employed by Seller or its Affiliates, but shall instead coordinate all such efforts only through Seller.
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CERTAIN PERSONNEL MATTERS. (a) Meridian shall have entered into the Consulting Services Agreement with Xxxxxxx Xxxxxxxxx, substantially in the form of Exhibit D.
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CERTAIN PERSONNEL MATTERS 
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Related to CERTAIN PERSONNEL MATTERS

  • Personnel Matters (a) Schedule 3.15(a) sets forth a correct and complete list of each director, officer, employee, independent contractor, consultant and agent of Company, including but not limited to, each employee on leave of absence or layoff status. No retired employee, director, of officer of Company is receiving benefits or scheduled to receive benefits in the future.

  • Certain Legal Matters The choice of laws of the State of New York as the governing law of this Agreement and the Deposit Agreement is a valid choice of law under the laws of Canada and may be honored by courts located in Canada. The Company has the power to submit, and pursuant to Section 9.7 of this Agreement, has legally, validly, effectively and irrevocably submitted, to the non-exclusive jurisdiction of the courts provided for in Section 9.7 hereof, and service of process effected in the manner provided for in Section 9.7 will be effective to confer valid personal jurisdiction over the Company as provided therein. Except as disclosed in the Disclosure Package and the Prospectus, any final judgment for a fixed sum of money rendered by a New York Court having jurisdiction under its own domestic laws in respect of any suit, action or proceeding against the Company based upon this Agreement or the Deposit Agreement may be recognized and enforced by courts located in Canada. There is no bilateral arrangement between Canada and the United States for the recognition of foreign judgments, however the laws of Canada permit an action to be brought in a court of competent jurisdiction in Canada to recognize and declare enforceable a final and conclusive judgment of a New York Court of a sum certain against and respecting the obligations of the Company under this Agreement or the Deposit Agreement that is not impeachable as void or voidable under the internal laws of the State of New York, provided that such Canadian court is satisfied that (i) the parties to the proceeding enforcing the judgment of the New York Court are identical to those in the original New York Court proceedings; (ii) the New York Court issuing the judgment exercised jurisdiction which Canadian courts recognize had jurisdiction in the matter, and the Company either submitted to such jurisdiction or was resident or carrying on business within such jurisdiction and was duly served with process; (iii) the judgment given by the New York Court was not in respect of penalties, taxes, fines or similar fiscal or revenue obligations of the Company; (iv) in obtaining judgment there was no fraud on the part of the person in whose favor judgment was given or on the part of the New York Court; (v) recognition or enforcement of the judgment in Canada would not be contrary to public policy; and (vi) the proceedings pursuant to which judgment was obtained were not contrary to natural justice.

  • Certain Additional Matters (a) Any arbitration award shall be a bare award limited to a holding for or against a party and shall be without findings as to facts, issues or conclusions of law (including with respect to any matters relating to the validity or infringement of patents or patent applications) and shall be without a statement of the reasoning on which the award rests, but must be in adequate form so that a judgment of a court may be entered thereupon. Judgment upon any arbitration award hereunder may be entered in any court having jurisdiction thereof.

  • Transitional Matters Each of Seller and Purchaser will use its respective reasonable efforts to cooperate to (a) transfer to Purchaser or any of its Affiliates any insurance and administrative services contracts that Purchaser wishes to continue with respect to any Employee Plan that Purchaser or any of its Affiliates is assuming or continuing pursuant to this Agreement and (b) cause any insurance carrier administering workers' compensation and other employee benefit liabilities or obligations assumed by Purchaser or any of its Affiliates to deal directly with Purchaser or such Affiliate.

  • Certain Policies Prior to the Effective Date, each of the Company and its Subsidiaries shall, consistent with GAAP, the rules and regulations of the SEC and applicable banking laws and regulations, modify or change its loan, OREO, accrual, reserve, tax, litigation and real estate valuation policies and practices (including loan classifications and levels of reserves) so as to be applied on a basis that is consistent with that of Parent; provided, however, that no such modifications or changes need be made prior to the satisfaction of the conditions set forth in Sections 7.01(a) and 7.01(b); and further provided that in any event, no accrual or reserve made by the Company or any of its Subsidiaries pursuant to this Section 6.15 shall constitute or be deemed to be a breach, violation of or failure to satisfy any representation, warranty, covenant, agreement, condition or other provision of this Agreement or otherwise be considered in determining whether any such breach, violation or failure to satisfy shall have occurred. The recording of any such adjustments shall not be deemed to imply any misstatement of previously furnished financial statements or information and shall not be construed as concurrence of the Company or its management with any such adjustments.

  • Section 16 Matters Prior to the Effective Time, the Company shall take all such steps as may be required to cause to be exempt under Rule 16b-3 promulgated under the Exchange Act any dispositions of shares of Company Common Stock (including derivative securities with respect to such shares) that are treated as dispositions under such rule and result from the transactions contemplated by this Agreement by each director or officer of the Company who is subject to the reporting requirements of Section 16(a) of the Exchange Act with respect to the Company immediately prior to the Effective Time.

  • Access to Employees On and after the Distribution Time, the Parties shall, or shall cause each of their respective Affiliates to, make available to each other those of their employees who may reasonably be needed in order to defend or prosecute any legal or administrative action (other than a legal action among the Parties) to which any employee or director of the Company Group or the SpinCo Group or any Company Benefit Plan or SpinCo Benefit Plan is a party and which relates to a Company Benefit Plan or SpinCo Benefit Plan. The Party to whom an employee is made available in accordance with this Section 7.4 shall pay or reimburse the other Parties for all reasonable expenses which may be incurred by such employee in connection therewith, including all reasonable travel, lodging, and meal expenses, but excluding any amount for such employee’s time spent in connection herewith.

  • Officers, Directors and Employees JML has one officer and director, namely Xxxxx Polos, and has no employees.

  • General Matters The parties hereto agree that they will, in good faith and with their best efforts, cooperate with each other to carry out the transactions contemplated by this Agreement and to effect the purposes hereof.

  • Certain Business Matters No member of any Group shall have any duty to refrain from (i) engaging in the same or similar activities or lines of business as any member of any other Group, (ii) doing business with any potential or actual supplier or customer of any member of any other Group, or (iii) engaging in, or refraining from, any other activities whatsoever relating to any of the potential or actual suppliers or customers of any member of any other Group.

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