Common use of Employees and Compensation Clause in Contracts

Employees and Compensation. Company will not do, or agree to do, any of the following acts: (i) make any change in compensation payable or to become payable to any officer, employee, sales agent or representative or (ii) make any change in benefits payable to any officer, employee, sales agent or representative.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Health Sciences Group Inc)

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Employees and Compensation. The Company will not do, or agree to do, any of the following acts: (i1) make any change in compensation payable or to become payable payable, to any officer, employee, sales agent agent, or representative being paid $50,000 per year or more on the Balance Sheet Date; (ii2) make any change in benefits payable to any officer, employee, sales agent agent, or representative.representative under any bonus or pension plan or other contract or commitment; or (3) modify any collective bargaining agreement to which the Company is a party or by which it may be bound;

Appears in 1 contract

Samples: Stock Purchase Agreement (Indenet Inc)

Employees and Compensation. Company Corporation agrees they will not do, or agree to do, any of the following acts: (i1) make any change in compensation payable or to become payable by either of them, to any officer, employee, sales agent agent, or representative or representative; (ii2) make any change in benefits payable to any officer, employee, sales agent agent, or representativerepresentative under any bonus or pension plan or other contract or commitment; or (3) modify any collective bargaining agreement to which either of them is a party or by which either may be bound.

Appears in 1 contract

Samples: Reorganization Agreement (Compressent Corp)

Employees and Compensation. Company Corporation will not, and will not do, or agree to do, any of the following actsto: (i1) make any change in compensation payable or to become payable by either of them, to any officer, employee, sales agent agent, or representative or representative; (ii2) make any change in benefits payable to any officer, employee, sales agent agent, or representativerepresentative under any bonus or pension plan or other contract or commitment; or (3) modify any collective bargaining agreement to which either of them is a party or by which either may be bound.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Haps Usa, Inc.)

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Employees and Compensation. Company The Corporation will not do, or nor will it agree to do, any of the following actsfollowing: (ia) make any change in compensation payable to or to become payable payable, to any officer, employeeemployee (except in the Ordinary Course of Business), sales agent agent, or representative representative; or (iib) make any change in benefits payable to any officer, employeeemployee (except in the Ordinary Course of Business), sales agent agent, or representativerepresentative under any bonus or pension plan or other contract or commitment.

Appears in 1 contract

Samples: Stock Purchase Agreement (Tridex Corp)

Employees and Compensation. Company The Corporation will not do, or agree to do, any of the following acts: (i) make any change in compensation payable or to become payable by the Corporation, to any officer, employee, sales agent agent, or representative or representative; (ii) make any change in benefits payable to any officer, employee, sales agent agent, or representativerepresentative under any bonus or pension plan or other contract or commitment; or (iii) modify any collective bargaining agreement to which it is a party or by which it may be bound.

Appears in 1 contract

Samples: Stock Purchase Agreement (Westminster Capital Inc)

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