Common use of Employee Disputes Clause in Contracts

Employee Disputes. There is no: (a) outstanding or (to the best of the Issuer’s knowledge) threatened claim, or application in any employment tribunal or court or any pending appeal from any tribunal or court, by any person who is now or has been an Employee or any circumstances in existence which is likely to give rise to any such dispute involving an amount in excess of HK$3,000,000 (or its equivalent in other currencies, whether individually or in a series of related transactions); (b) industrial action involving any member of the Group, whether official or unofficial, currently occurring or threatened, and there has been no such action during the three years prior to the date of this Agreement; (c) Employee who has within the period of 12 months prior to the date of this Agreement been involved in any civil or criminal proceedings relating to the Business and (to the best of the Issuer’s knowledge) there are no circumstances which are likely to give rise to any such proceedings; (d) to the best of the Issuer’s knowledge, strike, labour dispute or negotiation regarding a claim of material importance with the employees of the Group (or with any trade union or other body representing the employees or the former employees of each member of the Group) exists or (to the best of the Issuer’s knowledge) is imminent; and (e) existing or (to the best of the Issuer’s knowledge) imminent labour disturbance by the employees of any of the contractors of any member of the Group which could result in a Material Adverse Change.

Appears in 6 contracts

Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement

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