Employees, etc. There are no collective bargaining, bonus, profit --------------------- sharing, compensation, or other plans, agreements, trusts, funds, or arrangements maintained by the Purchaser for the benefit of its directors, officers or employees. There are no employment, consulting, severance, or indemnification arrangements, agreements, or understandings between the Purchaser, on the one hand, and any of its current or former directors, officers or other employees (or Affiliates thereof) on the other hand. The Purchaser is not, and following the Closing will not be, obligated by any express or implied contract or agreement to employ, directly or as consultant or otherwise, any person for any specific period of time or until any specific age.
Employees, etc. The Consultant will not:(a) during the Restricted Period, directly or indirectly, induce any individual who to his knowledge is then employed by the Company or the Parent, or any of their subsidiaries, to leave the employ of the Company or the Parent, or any of their subsidiaries without the prior written consent of the Company.
Employees, etc. There are no collective bargaining, bonus, profit sharing, compensation, or other plans, agreements, trusts, funds, or arrangements maintained by the Purchaser for the benefit of directors, officers or employees of, and there are no employment, consulting, severance, or indemnification arrangements, agreements, or understandings between the Purchaser, on the one hand, and any current or former directors, officers or other employees (or Affiliates thereof), on the other hand, except as disclosed to the Seller in writing. The Purchaser is not, and following the Closing will not be, obligated by any express or implied contract or agreement to employ, directly or as consultant or otherwise, any person for any specific period of time or until any specific age.
Employees, etc. (a) Schedule 7.7 contains an accurate and complete list of (i) the names and current salaries of all officers of KidSoft, Inc. and (ii) the names and the wage rates for all non-salaried and non-executive salaried employees of KidSoft, Inc. by classification. Each person listed on Schedule 7.7 devotes substantially all of his or her working time to the business of KidSoft, which reimburses KidSoft, Inc. for the cost of salaries and benefits provided to such persons as provided in the LLC Agreement. Other than the LLC Agreement, there are no other contracts, commitments or arrangements between KidSoft, Inc. and KidSoft that relate to the provision of services to KidSoft by employees of KidSoft, Inc.
(b) Schedule 7.7 contains an accurate and complete list of all employment agreements to which KidSoft, Inc. and any of its current employees is a party, and complete copies of such agreements have been provided to the Company. KidSoft, Inc. is not in default with respect to any obligation to any of its employees. Except as set forth on such schedule, KidSoft, Inc. is not liable for any severance or other obligation to any of its former employees and will not become liable for any severance or other obligation to any of its current employees as a result of the transactions contemplated hereby.
(c) Since December 31, 1996, KidSoft, Inc. has not:
(i) granted any general increase in the compensation of employees (including any such increase pursuant to any bonus, pension, profit sharing or other plan or commitment) or any increase in the compensation payable or to become payable to any employee, and no such increase is customary on a periodic basis or required by agreement or understanding; or experienced any material loss of personnel, material change in the terms and conditions of the employment of its key personnel, or any labor trouble involving its employees; or
(ii) failed to maintain in full force and effect all existing policies of insurance with respect to its employees at least at such levels as were in effect prior to such date or canceled any such insurance or taken or failed to take any action that would enable the insurers under such policies to avoid liability for claims arising out of occurrences prior to the Closings.
(d) KidSoft, Inc. has withheld and paid all Taxes required to have been withheld and paid in connection with amounts paid or owing to any employee, creditor, independent contractor or third party.
(e) KidSoft, Inc. is not a party or sub...
Employees, etc. On the Effective Date, RERH Holdings and its Subsidiaries have a president, a principal risk officer, an in-house attorney (or have the same provided for in the Transition Agreement) and sufficient employees that, taken together with the services provided under arm’s length service contracts (including the Transition Agreement and Reliant Parent Service Agreement), they can run the Retail Energy Business in a manner consistent with the business operations of the Retail Energy Business as of the Effective Date (taking into account the Transition Agreement if then in effect).
Employees, etc. The Executive will not during the Restricted Period, directly or indirectly, induce any individual who to his knowledge is then employed by Sonic, or any of its subsidiaries, to leave the employ of Sonic or any of its subsidiaries without the prior written consent of Sonic.
Employees, etc. There are no collective bargaining, bonus, profit sharing, compensation, or other plans, agreements, trust, funds, or arrangements maintained by Worldwide or any of the Worldwide Subsidiaries for the benefit of their directors, officers, or employees, and there are no employment, consulting, severance, or indemnification arrangements, agreements, or understandings between Worldwide or any of the Worldwide Subsidiaries, on the one hand, and any current or former directors, officers, or other employees (or Affiliates thereof) of Worldwide or any Worldwide Subsidiary, on the other hand. Except as specified on the Worldwide Disclosure Document, Worldwide and each of the Worldwide Subsidiaries are not, and following the Closing will not be, obligated by any express or implied contract or agreement to employ, directly or as a consultant or otherwise, any person for any specific period of time or until any specific age.
Employees, etc. Each party shall use its reasonable endeavours to ensure that those of its employees, agents, contractors and partners who are at any time in possession of confidential information of a kind referred to in clause 16.1 and the employees, agents and contractors of the Company and each of the Subsidiaries do not disclose or suffer or permit the disclosure of the same.
Employees, etc. Immediately prior to the Effective Time, Buyer -------------- will not have any employees, consultants, independent contractors or creditors.
Employees, etc to appoint, hire and employ managers, officers, employees, contractors, agents, advisors and others upon such terms as to remuneration or otherwise as he thinks fit and to discharge any such persons and any such persons appointed, hired or employed by that Obligor;