Common use of Employees, etc Clause in Contracts

Employees, etc. There are no collective bargaining, bonus, profit sharing, compensation, or other plans, agreements, trusts, funds, or arrangements maintained by the Company for the benefit of directors, officers or employees of, and there are no employment, consulting, severance, or indemnification arrangements, agreements, or understandings between, the Company, on the one hand, and any current or former directors, officers or other employees (or Affiliates thereof) of the Company, on the other hand. The Company 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. There are no collective bargaining, bonus, profit --------------------- sharing, compensation, or other plans, agreements, trusts, funds, or arrangements maintained by the Company Purchaser for the benefit of its directors, officers or employees of, and there employees. There are no employment, consulting, severance, or indemnification arrangements, agreements, or understandings between, between the CompanyPurchaser, on the one hand, and any of its current or former directors, officers or other employees (or Affiliates thereof) of the Company, on the other hand. The Company 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. There are no collective bargaining, bonus, profit sharing, compensation, or other plans, agreements, truststrust, funds, or arrangements maintained by the Company for the benefit of its directors, officers officers, or employees ofemployees, and there are no employment, consulting, severance, or indemnification arrangements, agreements, or understandings between, between the Company, on the one hand, and any current or former directors, officers officers, or other employees (or Affiliates thereof) of the Company, on the other hand. The Company is 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 ageage except as executed pursuant to the provisions of this Agreement, if any.

Employees, etc. There are no collective bargaining, bonus, profit ---------------------- sharing, compensation, or other plans, agreements, trusts, funds, or arrangements maintained by the Company Seller for the benefit of its directors, officers or employees of, and there employees. There are no employment, consulting, severance, or indemnification arrangements, agreements, or understandings between, between the CompanySeller, on the one hand, and any of its current or former directors, officers or other employees (or Affiliates thereof) of the Company, on the other hand. The Company Seller 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. There are no collective bargaining, bonus, profit sharing, compensation, or other plans, agreements, trusts, funds, or arrangements maintained by the Company Purchaser for the benefit of its directors, officers or employees of, and there employees. There are no employment, consulting, severance, or indemnification arrangements, agreements, or understandings between, between the CompanyPurchaser, on the one hand, and any of its current or former directors, officers or other employees (or Affiliates thereof) of the Company, on the other hand. The Company 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. There are no collective bargaining, bonus, profit --------------------- sharing, compensation, or other plans, agreements, trusts, funds, or arrangements maintained by the Company Seller for the benefit of its directors, officers or employees of, and there employees. There are no employment, consulting, severance, or indemnification arrangements, agreements, or understandings between, between the CompanySeller, on the one hand, and any of its current or former directors, officers or other employees (or Affiliates thereof) of the Company, on the other hand. The Company Seller 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. There are no collective bargaining, bonus, profit sharing, compensation, or other plans, agreements, trusts, funds, or arrangements maintained by the Company Seller for the benefit of its directors, officers or employees of, and there employees. There are no employment, consulting, severance, or indemnification arrangements, agreements, or understandings between, between the CompanySeller, on the one hand, and any of its current or former directors, officers or other employees (or Affiliates thereof) of the Company, on the other hand. The Company Seller 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. There are no collective bargaining, bonus, profit sharing, compensation, or other plans, agreements, trusts, funds, or arrangements maintained by the Company Purchaser for the benefit of its directors, officers or employees of, and there employees. There are no employment, consulting, management service, severance, or indemnification arrangements, agreements, or understandings between, between the CompanyPurchaser, on the one hand, and any of its current or former directors, officers or other employees (or Affiliates thereof) of the Company, on the other hand. The Company 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.