Common use of Compensation; Organized Labor Matters Clause in Contracts

Compensation; Organized Labor Matters. Company has delivered to Parent an accurate list (which is set forth on Schedule 6.16) showing all officers, directors and other key employees of Company and the rate of compensation (and the portions thereof attributable to salary, bonus and other compensation, respectively) of each of such persons as of (i) the Balance Sheet Date and (ii) the date of this Agreement. Since the Balance Sheet Date, there have been no increases in the compensation payable or any special bonuses to any officer, director, key employee or other employee, except ordinary salary increases implemented on a basis consistent with past practices. Except as set forth on Schedule 6.16, (w) Company is not bound by or subject to (and none of its respective assets or properties is bound by or subject to) any arrangement with any labor union, (x) no employees of Company are represented by any labor union or covered by any collective bargaining agreement, (y) to the knowledge of Company, no campaign to establish such representation is in progress and (z) there is no pending or, to the best of Company's knowledge, threatened labor dispute involving Company and any group of its employees nor has Company experienced any labor interruption over the past three years.

Appears in 10 contracts

Samples: Merger Agreement (Alliance Group Inc), Merger Agreement (Alliance Group Inc), Merger Agreement (Alliance Group Inc)

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Compensation; Organized Labor Matters. Company has delivered to Parent an accurate list (which is set forth on Schedule 6.166.18) showing all officers, directors and other key employees of Company and the rate of compensation (and the portions thereof attributable to salary, bonus and other compensation, respectively) of each of such persons as of (i) the Balance Sheet Initial Disclosure Date and (ii) the date of this the Original Agreement. Since the Balance Sheet Initial Disclosure Date, there have been no increases in the compensation payable or any special bonuses to any officer, director, key employee or other employee, except ordinary salary increases implemented on a basis consistent with past practices. Except as set forth on Schedule 6.166.18, (w) Company is not bound by or subject to (and none of its respective assets or properties is bound by or subject to) any arrangement with any labor union, (x) no employees of Company are represented by any labor union or covered by any collective bargaining agreement, (y) to the knowledge of Company, no campaign to establish such representation is in progress and (z) there is no pending or, to the best of Company's knowledge, threatened labor dispute involving Company and any group of its employees nor has Company experienced any labor interruption over the past three years.

Appears in 1 contract

Samples: Agreement and Plan of Exchange (Advanced Communications Group Inc/De/)

Compensation; Organized Labor Matters. Company has delivered to Parent an accurate list (which is set forth on Schedule 6.166.18) showing all officers, directors and other key employees of Company and the rate of compensation (and the portions thereof attributable to salary, bonus and other compensation, respectively) of each of such persons as of (i) the Balance Sheet Date and (ii) the date of this Agreement. Since the Balance Sheet Date, there have been no increases in the compensation payable or any special bonuses to any officer, director, key employee or other employee, except ordinary salary increases implemented on a basis consistent with past practices. Except as set forth on Schedule 6.166.18, (w) Company is not bound by or subject to (and none of its respective assets or properties is bound by or subject to) any arrangement with any labor union, (x) no employees of Company are represented by any labor union or covered by any collective bargaining agreement, (y) to the knowledge of Company, no campaign to establish such representation is in progress and (z) there is no pending or, to the best of Company's knowledge, threatened labor dispute involving Company and any group of its employees nor has Company experienced any labor interruption over the past three years.

Appears in 1 contract

Samples: Agreement and Plan of Exchange (Advanced Communications Group Inc/De/)

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Compensation; Organized Labor Matters. The Company has delivered to Parent Purchaser an accurate list (which is set forth on Schedule 6.165.18) showing all officers, directors and other key employees of the Company and the rate of compensation (and the portions thereof attributable to salary, bonus and other compensation, respectively) of each of such persons as of (i) the Balance Sheet Initial Disclosure Date and (ii) the date of this Agreement. Since the Balance Sheet Initial Disclosure Date, there have been no increases in the compensation payable or any special bonuses to any officer, director, key employee or other employee, except ordinary salary increases implemented on a basis consistent with past practices. Except as set forth on Schedule 6.165.18, (w) the Company is not bound by or subject to (and none of its respective assets or properties is bound by or subject to) any arrangement with any labor union, (x) no employees of the Company are represented by any labor union or covered by any collective bargaining agreement, (y) to the knowledge of Company, no campaign to establish such representation is in progress and (z) there is no pending or, to the best of the Company's knowledge, threatened labor dispute involving the Company and any group of its employees nor has the Company experienced any labor interruption over the past three years. The Company believes its relationship with employees to be good.

Appears in 1 contract

Samples: Agreement and Plan of Exchange (Advanced Communications Group Inc/De/)

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