Employees and Other Matters. Schedule 3.23 hereto is a correct and complete list of (i) the directors and officers of Peeper's and all of the present employees, sales personnel and independent contractors regularly employed by or in connection with the business of Peeper's, either as employees or independent contractors, together with a statement of the full amount payable by way of salary, bonuses, perquisites, fringe benefits and other direct or indirect compensation to each such person and (ii) the names of all persons, if any, holding powers of attorney from Peeper's and a summary statement of the terms thereof.
Employees and Other Matters. 8.1 The Vendor shall -
(A) On or before Completion or such later date as the visas of the Employees with the Vendor are cancelled in readiness for transfer to the Purchaser (or its nominee) pay to each of the Employees all emoluments (including end of service benefits, bonuses, accrued holiday pay and all other benefits both statutory and contractual) due to him for the pay period ending on the date of such cancellation;
(B) As and when required by law pay to any person previously employed by it who is not an Employee any redundancy or other end of service payment whether required to be paid pursuant to statutory or contractual obligations.
8.2 The Vendor shall indemnify the Purchaser against -
(A) any holiday pay and/or end of service gratuity which has accrued before the Completion Date or, if later, the date of such cancellation as is referred to in clause 8.1(a) and which the Purchaser is or becomes liable to pay to any of the Employees; and any loss, damage, costs, claims or expenses arising out of or in connection with any act or omission by the Vendor or any other event or occurrence on or before the Completion Date or, if later, the date of such cancellation as aforesaid, which the Purchaser may incur in relation to any contract of employment concerning any of the Employees.
8.3 The Purchaser acknowledges its intention to make to each of the Employees a written offer of suitable alternative employment as from the beginning of the first working day after Completion (or such later date as it is reasonably practicable to do so) and the Vendor shall provide the Purchaser (without charge to the Purchaser) with all such assistance as the Purchaser may be reasonably required in securing the services of the Employees and complying with all laws and regulations of the United Arab Emirates and the Emirate of Dubai concerning the Employees, their sponsorship and transfer.
8.4 Pending employment of the Employees by the Purchaser the Vendor shall, as from Completion, make available to the Purchaser or as it may direct the services of the Employees and such other services of the Vendor's Group as the Purchaser may require including insurances, the purchasing of goods and services and immigration and work permit services at cost plus 2% (two per cent), that cost (which shall include all sums payable by the Vendor under clause 8.2 in respect of the period after Completion) to be reimbursed by the Purchaser to the Vendor against the Vendor's invoices therefor. Thos...
Employees and Other Matters. Schedule 3.24 hereto is a correct and complete list of (i) the directors and officers of the Company and all of the present employees, sales personnel and independent contractors regularly employed by or in connection with the business of the Company, either as employees or independent contractors, together with a statement of the full amount payable by way of salary, bonuses, perquisites, fringe benefits and other direct or indirect compensation to each such person and (ii) the names of all persons, if any, holding powers of attorney from the Company and a summary statement of the terms thereof.
Employees and Other Matters. Schedule 3.23 hereto is a correct and complete list of (i) the directors and officers of SunSource and all of the present employees, sales personnel and independent contractors regularly employed by or in connection with the business of SunSource, either as employees or independent contractors, together with a statement of the full amount payable by way of salary, bonuses, perquisites, fringe benefits and any other direct or indirect compensation to each such person and (ii) the names of all persons, if any, holding powers of attorney from SunSource and a summary statement of the terms thereof.
Employees and Other Matters. 11 4.10 The Computer System................................................ 14 4.11
