Common use of Employee Relationships Clause in Contracts

Employee Relationships. The relations of each of BFST and its Subsidiaries with its respective employees are satisfactory. Neither BFST nor any Subsidiary has received any notice of any controversies with, or organizational efforts or other pending actions by, Representatives of its respective employees. Neither BFST nor any of its Subsidiaries is a party to any collective bargaining agreement or employs any member of a union that relates to such employee’s relationship with BFST or any of its Subsidiaries, and, to the Knowledge of BFST, there is no activity involving employees of BFST or any of its Subsidiaries seeking to certify a collective bargaining unit or engaging in other organizational activity. BFST and its Subsidiaries have complied with all Legal Requirements relating to employment and fair employment practices, immigration, terms and conditions of employment, compensation, benefits, employment discrimination and harassment, workers compensation, occupational safety and health, and wages and hours, and no Person has asserted to BFST or any Subsidiary that BFST or any Subsidiary is liable for any arrearages of wages, xxxxxxx’x compensation insurance premiums or any taxes or penalties for failure to comply with any of the foregoing. To BFST’s Knowledge, no executive officer of BFST or any of its Subsidiaries is in material violation of any employment contract, confidentiality, non-competition agreement, or any other restrictive covenant. Except as set forth in Section 4.14 of the Schedules, to the Knowledge of BFST, no key executive officer or manager of BFST or b1BANK or any group of employees of BFST or b1BANK has or have any present plans to terminate their employment with BFST or b1BANK.

Employee Relationships. The relations of each of BFST and its Subsidiaries with its respective employees are satisfactory. Neither BFST nor any Subsidiary has received any notice of any controversies with, or organizational efforts or other pending actions by, Representatives of its respective employees. Neither BFST nor any of its Subsidiaries is a party to any collective bargaining agreement or employs any member of a union that relates to such employee’s relationship with BFST or any of its Subsidiaries, and, to the Knowledge of BFST, there is no activity involving employees of BFST or any of its Subsidiaries seeking to certify a collective bargaining unit or engaging in other organizational activity. BFST and its Subsidiaries have complied with all Legal Requirements relating to the employment and fair employment practices, immigration, terms and conditions of employment, compensation, benefits, employment discrimination and harassment, workers compensation, occupational safety and healthlabor with respect to their respective employees, and wages any independent contractors it has hired, including any provisions thereof relating to wages, hours, workplace discrimination, collective bargaining and hoursthe payment of xxxxxxx’x compensation insurance and social security and similar Taxes, and no Person has asserted to BFST or any Subsidiary that BFST or any Subsidiary is liable for any arrearages of wages, xxxxxxx’x compensation insurance premiums or any taxes or penalties for failure to comply with any of the foregoing. To BFST’s Knowledge, no executive officer of BFST or any of its Subsidiaries is in material violation of any employment contract, confidentiality, non-competition agreement, or any other restrictive covenant. Except as set forth in Section 4.14 4.16 of the Schedules, to the Knowledge of BFST, no key executive officer or manager of BFST or b1BANK b1Bank or any group of employees of BFST or b1BANK b1Bank has or have any present plans to terminate their employment with BFST or b1BANKb1Bank.

Employee Relationships. The relations of each of BFST PBI and its Subsidiaries with its respective employees are satisfactory. Neither BFST PBI nor any Subsidiary has received any notice of any controversies with, or organizational efforts or other pending actions by, Representatives of its respective employees. Neither BFST nor any of its Subsidiaries is a party to any collective bargaining agreement or employs any member of a union that relates to such employee’s relationship with BFST or any of its Subsidiaries, and, to the Knowledge of BFST, there is no activity involving employees of BFST or any of its Subsidiaries seeking to certify a collective bargaining unit or engaging in other organizational activity. BFST PBI and its Subsidiaries have complied with all Legal Requirements relating to the employment and fair employment practices, immigration, terms and conditions of employment, compensation, benefits, employment discrimination and harassment, workers compensation, occupational safety and healthlabor with respect to their respective employees, and wages any independent contractors it has hired, including any provisions thereof relating to wages, hours, workplace discrimination, collective bargaining and hoursthe payment of xxxxxxx’x compensation insurance and social security and similar Taxes, and no Person has asserted to BFST PBI or any Subsidiary that BFST PBI or any Subsidiary is liable for any arrearages of wages, xxxxxxx’x compensation insurance premiums or any taxes or penalties for failure to comply with any of the foregoing. To BFSTPBI’s Knowledge, no executive officer of BFST PBI or any of its Subsidiaries is in material violation of any employment contract, confidentiality, non-competition agreement, or any other restrictive covenant. Except as set forth in Section 4.14 5.21 of the Schedules, to the Knowledge of BFSTPBI, no key executive officer or manager of BFST PBI or b1BANK Pedestal Bank or any group of employees of BFST PBI or b1BANK Pedestal Bank has or have any present plans to terminate their employment with BFST PBI or b1BANKPedestal Bank.