Compensation of Employees. Compensate the employees of the Borrower for services rendered at an hourly rate at least equal to the minimum hourly rate prescribed by any applicable federal or state law or regulation.
Appears in 10 contracts
Samples: Term Loan Agreement (Atg Inc), Term Loan Agreement (Atg Inc), Line of Credit Agreement (Neotherapeutics Inc)
Compensation of Employees. Compensate the Borrower shall compensate its employees of the Borrower for services rendered at an hourly rate at least equal to the minimum hourly rate prescribed by any applicable federal or state law or regulation.
Appears in 6 contracts
Samples: Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, Inc.), Loan Agreement (Truett-Hurst, Inc.)
Compensation of Employees. Compensate the employees of the Borrower for services rendered at an hourly rate note at least equal to the minimum hourly rate prescribed by any applicable federal or state law or regulation.
Appears in 1 contract
