Common use of Employees and Labor Clause in Contracts

Employees and Labor. The Seller has not received any notice, nor, to the best knowledge of the Seller and the Shareholders, is there any reason to believe that any executive or key employee of the Seller or any group of employees of the Seller has any plans to terminate his, her or its employment with the Seller. No executive or key employee is subject to any agreement, obligation, Order or other legal hindrance that impedes or might impede such executive or key employee from devoting his or her full business time to the affairs of the Seller prior to the Closing Date and, if such person becomes an employee of the Buyer, to the affairs of the Buyer after the Closing Date. The Seller will not be required to give any notice under the Worker Adjustment and Retraining Notification Act, as amended, or any similar Legal Requirement as a result of this Agreement, the Other Seller Agreements or the transactions contemplated hereby or thereby. The Seller does not have any labor relations problems or disputes, nor has the Seller experienced any strikes, grievances, claims of unfair labor practices or other collective bargaining disputes. The Seller is not a party to or bound by any collective bargaining agreement, there is no union or collective bargaining unit at the Seller's facilities, and no union organization effort has been threatened, initiated or is in progress with respect to any employees of the Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Rentx Industries Inc), Asset Purchase Agreement (Rentx Industries Inc)

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Employees and Labor. The Seller has not received any notice, nor, to the best knowledge of the Seller and the ShareholdersShareholder, is there any reason to believe that any executive or key employee of the Seller or any group of employees of the Seller has any plans to terminate his, her or its employment with the Seller. No executive or key employee is subject to any agreement, obligation, Order or other legal hindrance that impedes or might impede such executive or key employee from devoting his or her full business time to the affairs of the Seller prior to the Second Closing Date and, if such person becomes an employee of the BuyerBuyer subsequent to a Closing, to the affairs of the Buyer after the Closing Datesuch Closing. The Seller will not be required to give any notice under the Worker Adjustment and Retraining Notification Act, as amended, or any similar Legal Requirement as a result of this Agreement, the Other Seller Agreements or the transactions contemplated hereby or thereby. The Seller does not have any labor relations problems or disputes, nor has the Seller experienced any strikes, grievances, claims of unfair labor practices or other collective bargaining disputes. The Seller is not a party to or bound by any collective bargaining agreement, there is no union or collective bargaining unit at the Seller's facilities, and no union organization effort has been threatened, initiated or is in progress with respect to any employees of the Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rentx Industries Inc)

Employees and Labor. The Seller Except as set forth on Exhibit 3.1(n), the Company has not received any notice, nor, to the best knowledge of the Seller Company and the Shareholders, is there any reason to believe that any executive or key employee Key Employee of the Seller Company or any material group of employees of the Seller Company has any plans to terminate his, her or its employment with the SellerCompany. No To the best knowledge of the Company and the Shareholders, no executive or key employee Key Employee is subject to any agreement, obligation, Order or other legal hindrance that impedes or might impede such executive or key employee Key Employee from devoting his or her full business time to the affairs of the Seller Company prior to the Closing Date and, if such person becomes an employee of the BuyerAcquiror or PentaStar, to the affairs of the Buyer Acquiror or PentaStar after the Closing Date. The Seller Company will not be required to give any notice under the Worker Adjustment and Retraining Notification Act, as amendedamended (29 U.S.C.A. Section 2101, et. seq.), or any similar Legal Requirement as a result of this Agreement, the Other Seller Agreements or the transactions contemplated hereby or thereby. The Seller To the best knowledge of the Company and the Shareholders, the Company does not have any labor relations problems or disputes, nor has the Seller Company experienced any strikes, grievances, claims of unfair labor practices or other collective bargaining disputes. The Seller Company is not a party to or bound by any collective bargaining agreement, there is no union or collective bargaining unit at the SellerCompany's facilities, and, to the best knowledge of the Company and the Shareholders, no union organization effort has been threatened, initiated or is in progress with respect to any employees of the SellerCompany.

Appears in 1 contract

Samples: Purchase Agreement (Pentastar Communications Inc)

Employees and Labor. The No Seller has not received any notice, nor, to the best knowledge of the Seller Sellers and the ShareholdersShareholder, is there any reason to believe that any executive or key employee of the any Seller or any group of employees of the any Seller has any plans to terminate his, her or its employment with the such Seller. No executive or key employee is subject to any agreement, obligation, Order or other legal hindrance that impedes or might impede such executive or key employee from devoting his or her full business time to the affairs of the Seller Sellers prior to the Closing Date and, if such person becomes an employee of the Buyer, to the affairs of the Buyer after the Closing Date. The No Seller will not be required to give any notice under the Worker Adjustment and Retraining Notification Act, as amended, or any similar Legal Requirement as a result of this Agreement, the Other Seller Agreements or the transactions contemplated hereby or thereby. The No Seller does not have has any labor relations problems or disputes, nor has the any Seller experienced any strikes, grievances, claims of unfair labor practices or other collective bargaining disputes. The No Seller is not a party to or bound by any collective bargaining agreement, there is no union or collective bargaining unit at the any Seller's facilities, and no union organization effort has been threatened, initiated or is in progress with respect to any employees of the any Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rentx Industries Inc)

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Employees and Labor. The Seller has not received any notice, nor, to the best knowledge of the Seller and the Shareholders, is there any reason to believe that any executive or key employee of the Seller or any group of employees of the Seller employed in the Rental Business has any plans to terminate his, her or its employment with the Seller. No executive or key employee employed in the Rental Business is subject to any agreement, obligation, Order or other legal hindrance that impedes or might impede such executive or key employee from devoting his or her full business time to the affairs of the Seller prior to the Closing Date and, if such person becomes an employee of the Buyer, to the affairs of the Buyer after the Closing Date. The Seller will not be required to give any notice under the Worker Adjustment and Retraining Notification Act, as amended, or any similar Legal Requirement as a result of this Agreement, the Other Seller Agreements or the transactions contemplated hereby or thereby. The Seller does not have any labor relations problems or disputes, nor has the Seller experienced any strikes, grievances, claims of unfair labor practices or other collective bargaining disputes. The Seller is not a party to or bound by any collective bargaining agreement, there is no union or collective bargaining unit at the Seller's facilities, and no union organization effort has been threatened, initiated or is in progress with respect to any employees of the Seller.

Appears in 1 contract

Samples: Purchase Agreement (Rentx Industries Inc)

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