Common use of Compensation of Employees Clause in Contracts

Compensation of Employees. Compensate the Grantor's employees 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 4 contracts

Samples: Line of Credit Agreement (Neotherapeutics Inc), Line of Credit Agreement (Atg Inc), Security Agreement (Miravant Medical Technologies)

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Compensation of Employees. Compensate the Grantor's employees for services rendered at an hourly rate at least equal to the minimum hourly rate prescribed by any applicable able federal or state law or regulation.

Appears in 1 contract

Samples: Term Loan Agreement (Atg Inc)

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