EMPLOYEE INTEREST. Seller represents to Buyer that Seller has not given and will not give, directly or indirectly, anything of value to any employee or other representative of Central Hudson Gas & Electric Corporation with txx xxxw of securing this Agreement or obtaining favorable treatment with respect to the performance of this Agreement. If such representation is untrue, or becomes untrue, Buyer shall have the right to declare this Agreement null and void or to terminate it, to sue for damages and to take such other axxxon as may be provided by law. If Seller obtains knowledge at any time that any such employee has a direct or indirect interest in Seller or its affiliates, (excluding routine purchases in the open market by such employee of securities issued by Seller or its parent corporations) it will immediately inform Buyer of such fact.
EMPLOYEE INTEREST. Seller represents to Buyer that Seller has not given and will not give, directly or indirectly, anything of value to any employee or other representative of Buyer or its subsidiaries or affiliates with the view of securing this Agreement or obtaining favorable treatment with respect to the performance of this Agreement. If such representation is untrue, or becomes untrue, Buyer shall have the right to terminate this Agreement, to sxx for damages, and to take such other action as may be provided by law. If Seller obtains knowledge at any time that any such employee has a direct or indirect interest in Seller or its affiliates, it will immediately inform Buyer of such fact.
EMPLOYEE INTEREST. The COUNTY will provide an opportunity for bargaining unit employees to express a written interest in training. COUNTY needs and employee interest will be considered as training programs are developed.
EMPLOYEE INTEREST. 22.1 SELLER represents to BUYER that SELLER has not given and will not give, directly or indirectly, anything of value to any employee or other representative of BUYER with the view of securing this Agreement or obtaining favorable treatment with respect to the performance of this Agreement. If such representation is untrue, or becomes untrue, BUYER shall have the right to declare this Agreement null and void or to terminate it, to xxx for damages and to take such other action as may be provided by law. If SELLER obtains knowledge at any time that any such employee has a direct or indirect interest in SELLER or its affiliates, (excluding routine purchases in the open market by such employee of securities issued by SELLER or its parent corporations), it will immediately inform BUYER of such fact.
EMPLOYEE INTEREST. The term “Employee Interest” shall mean an amount, calculated in accordance with the Priority of Interests, equal to the present value of the Employee’s Remaining Unpaid Accrued Benefits under the Company’s Covered Plans at the date of the event requiring the calculation. The discount rate used to calculate the present value of the accrued benefit shall be the immediate annuity discount rate in effect at the date requiring the calculation as established by the Pension Benefit Guaranty Corporation to compute the present value of accrued liabilities for qualified pension plans.
