Common use of Employees; Labor Relations Clause in Contracts

Employees; Labor Relations. (a) Section 2.23 of the Disclosure Schedule contains a list of the name of each full-time employee of Seller, together with such employee's position or function, annual base salary or wages and any incentive or bonus arrangement with respect to such employee in effect on the date hereof. Seller has not received any information that would lead it to believe that a material number of Seller's employees will refuse offers of employment from Purchaser because of the consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Gp Strategies Corp)

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Employees; Labor Relations. (a) Section 2.23 2.20 of the Disclosure Schedule contains a list of the name of each full-time employee of SellerEmployee at the date hereof, together with such employee's Employee’s position or function, annual base salary or wages and any incentive or bonus arrangement with respect to such employee Employee in effect on the date hereofsuch date. Seller has not received any information that would lead it to believe that a material number of Seller's employees any such Employee will or may cease to be an Employee, or will refuse offers of employment from Purchaser Purchaser, because of the consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement

Employees; Labor Relations. (a) Section 2.23 2.20(a) of the Disclosure Schedule contains a list of ------------------------------------------ the name of each full-time employee of SellerEmployee at the date hereof, together with such employeeEmployee's position or function, annual base salary or wages and any incentive or bonus arrangement with respect to such employee Employee in effect on such date. Each Employee has executed a nondisclosure and invention agreement in the date hereofform provided to Purchaser. Seller has not received any information that would lead it to believe that a material number of To Seller's employees will refuse offers Knowledge, no Employee is in violation of employment from Purchaser because any such agreement or any other agreement relating to the relationship of the consummation of the transactions contemplated by this Agreementsuch Employee with Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Radiant Systems Inc)

Employees; Labor Relations. (a) Section 2.23 2.21 of the Disclosure Schedule contains a list of the name of each full-time officer and employee of Sellerthe Company at the date hereof, together with each such employeeperson's position or function, annual base salary or wages and any incentive or bonus arrangement with respect to such employee person in effect on the date hereofsuch date. Seller has Shareholders have not received any information that would lead it to believe that a material number of Seller's employees such persons will or may cease to be employees, or will refuse offers of employment from Purchaser Parent, because of the consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Radiant Systems Inc)

Employees; Labor Relations. (a) Section 2.23 2.22 of the Disclosure Schedule contains a list of the name of each full-time officer and employee of Sellerthe Companies as of the date hereof, together with each such employeeperson's position or function, annual base salary or wages and any incentive or bonus arrangement with respect to such employee person in effect on such date. Neither of the date hereof. Seller Sellers has not received any information that would lead it to believe that a material number of Seller's employees such persons or that any such person that is material to the operation of either Company will or may cease to be employees, or will refuse offers of employment from Purchaser because of the consummation of the transactions contemplated by this AgreementPurchaser.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Components Finance Corp)

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Employees; Labor Relations. (a13) Section 2.23 2.20 of the Disclosure Schedule contains a list of the name of each full-time employee of SellerEmployee at the date hereof, together with such employee's Employee’s position or function, annual base salary or wages and any incentive or bonus arrangement with respect to such employee Employee in effect on the date hereofsuch date. Seller has not received any information that would lead it to believe that a material number of Seller's employees any such Employee will or may cease to be an Employee, or will refuse offers of employment from Purchaser Purchaser, because of the consummation of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (MFC Development Corp)

Employees; Labor Relations. (a) Section 2.23 2.16(a) of the Disclosure Schedule contains a list of the name of each full-time employee of SellerEmployee, together with such employee's Employee’s position or function, annual base salary or wages and any incentive or bonus arrangement with respect to such employee Employee in effect on as of the date hereof. Seller Each Employee has not received any information that would lead it executed a nondisclosure agreement in the form provided to believe that a material number Purchaser. To the Knowledge of Seller's employees will refuse offers , no Employee is in violation of employment from Purchaser because any agreement relating to the relationship of the consummation of the transactions contemplated by this Agreementsuch Employee with Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (FNDS3000 Corp)

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