Changes in remuneration. 3.1 Since the date of the Disclosure Letter:-
9.3.1.1 no change has been made in the rate of remuneration or the emoluments or pension benefits of any officer, ex-officer or senior executive of the Company and its subsidiaries (a senior executive being a person in receipt of remuneration in excess of HK$5,000.00 per annum);
9.3.1.2 no change has been made in the terms of employment of any such officer or senior executive; and
9.3.1.3 no additional officers or senior executives have been appointed.
Changes in remuneration. During the period to which the Last Accounts relate and since the Last Accounts Date or (where employment or holding of office commenced after the beginning of the period) since the commencing date of the employment or holding of office:
(a) no change has been made in the rate of remuneration, emoluments or pension benefits, of an officer, ex-officer or senior executive of WCL (a senior executive being a person in receipt of remuneration in excess of $125,000 per annum);
(b) no material change has been made in any other terms of employment of an officer or senior executive.
Changes in remuneration. 6.3.1 During the period to which the Principal Accounts relate and since the Last Accounts Date or (where employment or holding of office commenced after the beginning of such period) since the commencing date of the employment or holding of office:
(a) no change has been made in the rate of remuneration, emoluments or pension benefits, of any officer, ex-officer or senior executive of any Group Company (a senior executive being a person in receipt of remuneration in excess of (pound)25,000 per annum);
(b) no change has been made in any other terms of employment of any officer or senior executive.
6.3.2 No Group Company is bound or accustomed to pay any moneys other than in respect of remuneration or pension benefits to or for the benefit of any officer or employee of any Group Company.
6.3.3 No negotiations for any increase in the remuneration or benefits of any officer or employee of any Group Company are current or likely to take place within six months after the date of Completion.
Changes in remuneration. 3.1 Since incorporation or (in the event employment or holding of office began after incorporation) since the start of the employment or holding of office:
3.1.1 no change has been made in the rate of remuneration, emoluments or pension benefits of an officer, ex-officer or senior executive of the Company; and
3.1.2 no change has been made in the other terms of employment of an officer or senior executive; a senior executive being a person in receipt of remuneration in excess of (pound)40,000 per annum.
3.2 The Company is not obliged or accustomed to pay anything, other than in respect of remuneration or pension benefits, to or for the benefit of an officer or employee of the Company, or its Associate.
3.3 There are no negotiations for an increase in the remuneration or benefits of an officer or employee of the Company are current.
Changes in remuneration. (a) The Target is not obliged or expected to increase remuneration payable to any Employee annually or otherwise and there is no obligation to increase or otherwise vary the remuneration payable to any Employee.
(b) The Target has not within the six months immediately preceding the date of this agreement:
Changes in remuneration. 8.3.1 Since the Last Accounts Date or (where employment or holding of office commenced after the beginning of such period) since the commencing date of the employment or holding of office:
(a) no change has been made in the rate of remuneration, or the emoluments or pension benefits, of any officer, ex-officer or senior executive of any Group Company (a senior executive being a person in receipt of remuneration in excess of (pound)25,000 per annum);
(b) no change has been made in any other terms of employment of any officer or senior executive.
8.3.2 No Group Company is bound or accustomed to pay any moneys other than in respect of remuneration or emoluments of employment or pension benefits to or for the benefit of any officer or employee of any Group Company.
8.3.3 No negotiations for any increase in the remuneration or benefits of any officer or employee of any Group Company are current or likely to take place within six months after the date of Completion.
Changes in remuneration. During the period to which the 2017 Accounts relate and since the 2017 Accounts Date:
15.4.1 no change has been made in the rate of remuneration, or the emoluments or pension benefits, of any officer, former officer or senior executive of any Group Company (a senior executive being a person in receipt of remuneration in excess of EUR 75,000 per annum) nor is such Group Company under any obligation to make such a change nor has it made any provision to alter same; and
15.4.2 no change has been made in any other terms of employment of any such officer or senior executive.
Changes in remuneration and terms and conditions
(a) Since the Last Accounts Date or (where the relevant employment or holding of office commenced after such date) since the commencing date of the employment or holding of office no change has been made in the rate of remuneration, emoluments, pension benefits or other terms of employment, of any director or employee.
(b) No agreement has been reached with any director, employee, trade union or other body representing employees that will or may on a future date result in an increase in any director’s or employee’s rate of remuneration or enhanced emoluments of employment or pension benefits.
(c) No negotiations for any increase in the remuneration or emoluments of employment or pension benefits of any director or employee of the Target are current or (based on past practice) anticipated to take place within six months after the date of Completion.
Changes in remuneration. 7.3.1 During the period to which the Last Accounts relate and since the Last Accounts Date or (where employment or holding of office commenced after the beginning of the period) since the commencing date of the employment or holding of office:
(a) no change has been made in the rate of remuneration, emoluments or pension benefits, of an officer, ex-officer or senior executive of the Company (a senior executive being a person in receipt of remuneration in excess of (pound)25,000 per annum);
(b) no change has been made in any other terms of employment of an officer or senior executive.
(c) The Company is not obliged nor accustomed to pay anything other than in respect of remuneration or pension benefits, to or for the benefit of an officer or employee of the Company, or their Associates.
(d) No negotiations for an increase in the remuneration or benefits of an officer or employee of the Company are current or, so far as the Warrantors are aware, likely to take place within six months after Completion.
Changes in remuneration. (a) Since 28 April 2008 or, where employment or holding of office began after the Accounts Date, since the start of the employment or holding of office:
(i) no change has been made to the rate of remuneration, emoluments or pension benefits of an Employee; and
(ii) no material change has been made in the other terms of employment of an Employee.
(b) Neither Seller is obliged or accustomed to pay anything, other than in respect of remuneration or pension benefits, to or for the benefit of an Employee.
(c) There are no negotiations for an increase in the remuneration or benefits of an Employee which are current or pending and none are likely to begin within six months after Completion.
