Common use of Employees; Employee Compensation Clause in Contracts

Employees; Employee Compensation. To the best of the Company's -------------------------------- knowledge, there is no strike, or labor dispute or union organization activities pending or threatened between it and its employees. None of the Company's employees belongs to any union or collective bargaining unit. To the best of its knowledge, the Company has complied in all material respects with all applicable state and federal equal opportunity and other laws related to employment. To the best of the Company's knowledge, no employee of the Company is or will be in violation of any judgment, decree, or order, or any term of any employment contract, patent disclosure agreement, or other contract or agreement relating to the relationship of any such employee with the Company, or any other party because of the nature of the business conducted or to be conducted by the Company or to the use by the employee of his best efforts with respect to such business. The Company is not aware that any officer or key employee, or that any group of key employees, intends to terminate their employment with the Company, nor does the Company have a present intention to terminate the employment of any of the foregoing.

Appears in 2 contracts

Samples: Registration Rights Agreement (Orchid Biosciences Inc), Registration Rights Agreement (Orchid Biosciences Inc)

AutoNDA by SimpleDocs

Employees; Employee Compensation. To the best of the knowledge of the Company's -------------------------------- knowledge, there is no strike, strike or labor dispute or union organization activities pending or threatened between it and its employees. None of the Company's employees belongs to any union or collective bargaining unit. To the best of its knowledge, the Company has complied in all material respects with all applicable state and federal equal employment opportunity and other laws related to employment. To the best of the Company's knowledge, no employee of the Company is or will be in violation of any judgment, decree, decree or order, or any term of any employment contract, patent disclosure agreement, agreement or other contract or agreement relating to the relationship of any such employee with the Company, Company or any other party because of the nature of the business conducted or to be conducted by the Company or to the use utilization by the employee of his best efforts with respect to such business. The Company is not aware that any officer or key employee, or that any group of key employees, intends to terminate their employment with the Company, nor does the Company have a present intention to terminate the employment of any of the foregoing. Subject to general principles related to wrongful termination of employees, the employment of each officer and employee of the Company is terminable at the will of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Combichem Inc), Investors' Rights Agreement (Combichem Inc)

AutoNDA by SimpleDocs

Employees; Employee Compensation. To the best of the CompanyInvestor's -------------------------------- knowledge, there is no strike, or labor dispute or union organization activities pending or threatened between it and its employees. None of the CompanyInvestor's employees belongs to any union or collective bargaining unit. To the best of its knowledge, the Company Investor has complied in all material respects with all applicable state and federal equal opportunity and other laws related to employment. To the best of the CompanyInvestor's knowledge, no employee of the Company Investor is or will be in violation of any judgment, decree, or order, or any term of any employment contract, patent disclosure agreement, or other contract or agreement relating to the relationship of any such employee with the CompanyInvestor, or any other party because of the nature of the business conducted or presently proposed to be conducted by the Company Investor or to the use by the employee of his or her best efforts with respect to such business. The Company Investor is not aware that any officer or key employee, or that any group of key employees, intends to terminate their employment with the CompanyInvestor, nor does the Company Investor have a present intention to terminate the employment of any of the foregoing. Subject to general principles related to wrongful termination of employees, the employment of each officer and employee of the Investor is terminable at the will of the Investor.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Homeseekers Com Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.