Compensation of and Contracts with Employees. Schedule 5.15 sets forth a complete and accurate list of each employee of the Business and the current rate of compensation paid to such employee. Except as listed in Schedule 5,15, no Selling Entity has any written employment agreement with any currently active employee, including any agreement to provide any bonus or benefit to any such employee of the Business.
Compensation of and Contracts with Employees. Schedule 5.16 hereto sets forth a complete and accurate list of (a) each employee of the Seller who has been identified as being part of the NAC Business and who will be offered employment by the Buyer after this transaction, ("NAC Employees") and the rate, character and amount of the compensation paid to such employee for the fiscal year ended December 31, 1996, and (b) the rate, character and amount of such compensation paid to each such employee through the Closing Date. There have been no changes in such compensation since such date. Except as listed in Schedule 1.1(c) hereto, the Seller has no employment agreement, written or oral, with any currently active NAC Employee, including any agreement to provide any bonus or benefit to any such employee. Except as set forth on Schedule 5.16, since December 31, 1996, the Seller has not made any pension, bonus or other payment, other than base salary, or become obligated to make any such payment, to any NAC Employee. Except as set forth on Schedule 5.16, the Seller has no outstanding loans or advances to NAC Employees.
Compensation of and Contracts with Employees. SCHEDULE 5.14 hereto sets forth a complete and accurate list of (a) each employee of the Seller in the VECTRA Waste Business, (b) the rate, character and amount of such compensation paid to each such employee through November 24, 1996 and (c) the base hourly compensation for such employee as of November 24, 1996. There have been no changes in such compensation since such date. Except as listed in SCHEDULE 5.14 hereto, the Seller has no employment agreement, written or oral, with any currently active employee of the VECTRA Waste Business, including any agreement to provide any bonus or benefit to any such employee of the VECTRA Waste Business. Except as set forth on SCHEDULE 5.14, since January 1, 1996, none of the Seller, VWS or VSI has made any pension, bonus or other payment, other than base salary, per diem and expenses, or become obligated to make any such payment, to any employee of the Seller in the VECTRA Waste Business. Except as set forth on SCHEDULE 5.14, the Seller has no outstanding loans or advances to any employee in the VECTRA Waste Business. Since January 1, 1996 no employee of any of the Seller, VWS or VSI who has been associated with the VECTRA Waste Business has been transferred to any other business operation controlled directly or indirectly by the Seller.
Compensation of and Contracts with Employees. Schedule 6.17 hereto sets forth a complete and accurate list of all officers and all employees of the Seller, and the rate of compensation of each officer and each employee in effect as of the Closing Date. The Buyer has no severance obligation to any employee or former employee. The Seller has no employment agreement, written or oral, with any currently active employee.
Compensation of and Contracts with Employees. Tanners have no collective bargaining agreement, employment agreement, or other agreement, written or oral, with or pertaining to any currently active employee.
Compensation of and Contracts with Employees. Schedule 4.15 hereto sets forth a complete and accurate list of the compensation paid to each Hardware Employee for the fiscal year ended December 31, 2002, and (b) the rate, character and amount of such compensation paid to each such employee through the Closing Date. There have been no changes in such compensation since such date. Except as listed in Schedule 4.12(a) hereto, Technisource Hardware has no employment agreement, written or oral, with any currently active employee, including any agreement to provide any bonus or benefit to any such employee. Except as set forth on Schedule 4.15, since December 31, 2002, the Seller has not made any pension, bonus or other payment, other than base salary and commissions earned on product sales in the ordinary course of business, or become obligated to make any such payment, to any employee of the Seller. Except as set forth on Schedule 4.15, Technisource Hardware has no outstanding loans or advances to employees.
Compensation of and Contracts with Employees. (a) The Sellers ------------ -- --- --------- ---- --------- have previously provided to the Buyer a complete and accurate, in all material respects, list of each employee, consultant, leased employee (other than short-term hires) or independent contractor who performed services primarily in connection with the Purchased Business as of December 31, 1999, excluding short-term craft hires. With respect to each such individual, the list sets forth the location of employment, the date of hire and years of service for each such employee, the bonus paid, or to be paid, to each such employee for the fiscal year ended December 31, 1999 and the monthly salary as of December 31, 1999. Except as described on Schedule 5.21(a), -------- ------- there have been no changes in, or binding commitments to change, such compensation since December 31, 1999, other than regularly scheduled annual increases in compensation in accordance with past custom and practice, and any additional compensation provisions specified in individual offer letters, employment agreements, change in control agreements or retention agreements.
Compensation of and Contracts with Employees. (a) Schedule 6.17(a) hereto sets forth a complete and accurate list of the Proposed Assumed Employees (as defined in Section 9.1) and the date of hire for each such employee. Except as otherwise indicated on Schedule 6.17(a) hereto, the Proposed Assumed Employees comprise all of the full-time and part-time employees of either of the Sellers who provide, as of the Execution Date, services in connection with the operation of the Diagnostics Business. The Sellers have previously delivered to the Buyers a complete and accurate schedule showing the total salary and bonus paid to each Proposed Assumed Employee for the fiscal year ended December 31, 2002 and for the period from January 1, 2003 through August 31, 2003 and the total salary and bonus currently proposed to be paid to each Proposed Assumed Employee for the fiscal year ended December 31, 2003.
Compensation of and Contracts with Employees. Section 3.21 of the Disclosure Schedule sets forth a complete and accurate list of, with respect to each Company, (a) each employee of such Company and the rate, character and amount of compensation paid to each such employee for the fiscal year ended December 31, 2005, and (b) the rate, character and amount of compensation paid to each such employee through July 31, 2006. There have been no changes in such compensation since such date outside the ordinary course of business. Except as set forth in Section 3.21 of the Disclosure Schedule and with the exception of Placard, no Company has any employment agreement, written or oral, with any currently active employee, including any agreement to provide any severance, bonus or benefit to any such employee. Except as set forth in Section 3.21 of the Disclosure Schedule, the employment of each employee of Placard can be terminated lawfully by Placard giving the employee not more than 5 weeks' notice and Placard has no agreement with any of its employees to provide any bonus or benefit to any such employee. No policies or procedures of Placard are binding contractually on it and each policy or procedure can be varied lawfully at Placard's sole discretion at any time and, except as set forth in Section 3.21 of the Disclosure Schedule, no contractors are engaged within Placard's business and the engagement of any contractors engaged within Placard's business can be terminated on not more than 1 month's notice. No Company has any severance or redundancy policy which provides for any entitlements beyond that required by applicable Law. Except as set forth in Section 3.21 of the Disclosure Schedule, since December 31, 2005, no Company has made any pension, bonus or other payment, other than base salary, or become obligated to make any such payment, to any of its employees, other than as contemplated by the terms of the agreements described on Schedule 3.21. Except as set forth in Section 3.21 of the Disclosure Schedule, no Company has any outstanding loans or advances to any employee. No Company has paid, nor will it be required to pay, any bonus, fee, incentive payment, distribution, remuneration or other compensation to any Person (other than salaries, wages or bonuses paid or payable to employees in the ordinary course of business) as a result of the transactions contemplated by this Agreement.
Compensation of and Contracts with Employees. (a) The Sellers have provided Buyer with a complete and accurate list of (a) each consultant, independent contractor, employee, manager, officer and director of the Sellers employed or engaged in the Business whose annual compensation (including salary and any commissions and bonuses) is equal to or greater than $50,000 and (b) the rate, character and amount of the compensation (including salary and any commissions and bonuses) paid to each such person for the year ended on December 31, 2000, and for the period through September 30, 2001 (the "Compensation List"). There have been no changes in the ----------------- rate or character of such compensation since September 30, 2001.
