Employees of the Corporation. During the Restricted Period and for a period of six months following the termination (whether for cause of otherwise) of the Employee's employment with the Corporation or any of its affiliates, the Employee shall not, directly or indirectly, hire, solicit or encourage to leave the employment of the Corporation or any of its affiliates, any employee of the Corporation or its affiliates or hire any such employee who has left the employment of the Corporation or any of its affiliates within six (6) months of the termination of such employee's employment with the Corporation or any of its affiliates.
Employees of the Corporation. During the Restricted Period, the Employee shall not, directly or indirectly, (i) hire or offer employment to any individual who is or was at any time during the Restricted Period an employee of the Corporation or one of the Corporation’s subsidiaries, or an Independent Contractor (as hereinafter defined), or (ii) solicit any individual who is or was at any time during the Restricted Period an employee of Corporation, one of Corporation’s subsidiaries. For purposes of this Section 1.4, “Independent Contractor” shall include any individual who is or was an independent contractor whose principal job or function is or was to provide services to the Corporation or one of its subsidiaries.
Employees of the Corporation. The Corporation agrees to review Employee's salary annually while this Agreement is in effect and may adjust the Employee's salary, as it deems appropriate in its sole discretion.
Employees of the Corporation. The Sellers and Corporation warrant and represent that:
A. The employees of the Corporation do not have any interest in any of the Corporation's property, real or personal or tangible or intangible.
B. The attached Exhibit G, entitled, "Employees of the Corporation", dated July 31, 1998 sets forth all employees of the Corporation, their compensation, vacations, holidays and other fringe benefits, and attaches a true and complete copy of any employment contract with respect to said employees (or any of them) by which the Corporation is bound.
Employees of the Corporation. A. The Seller and Corporation warrant and represent that:
(1) The employees of the Corporation do not have any interest in any of the Corporation's property, real or personal or tangible or intangible.
(2) The attached Exhibit J, entitled, "Employees of the Corporation", dated July 31, 1998 sets forth all employees of the Corporation, their compensation, vacations, holidays and other fringe benefits, and attaches a true and complete copy of any employment contract with respect to said employees (or any of them) by which the Corporation is bound.
B. As a condition precedent to Seller's obligation to close, Buyer and Xxxxxxx Xxxxxxxx, and Buyer and Xxxxxxx Xxxxxxx shall have reached agreements on satisfactory employment arrangements for said individuals with the Corporation. This condition may be waived by Seller for any reason in its sole and absolute discretion, and it is specifically acknowledged that Xxxxxxx Xxxxxxxx and Xxxxxxx Xxxxxxx are not third party beneficiaries of this Agreement; except to the extent that either may have a beneficial interest in the Seller.
Employees of the Corporation. Seller shall make all of the Corporation's employees available to Buyer for discussion for the purpose of post-Closing employment.
Employees of the Corporation. The Manager shall, in the name of the Corporation, hire employees who will be employees of the Corporation to fulfill its duties for the efficient operation and maintenance of the Property and physical assets of the Corporation, including, without limitation, administration, supervision, security, repair and cleaning (the “Corporation Employees”) unless such functions have been contracted with third party service providers. Except as otherwise provided in this Article, the Corporation shall have the sole responsibility and final authority as employer to hire, dismiss, discipline, direct and define the overall duties and working conditions of the Corporation Employees, including, without limitation, establishing compensation, authorizing vacation and determining pay increases. The Board may delegate to the Manager from time to time any of the foregoing responsibilities to implement the Board’s decisions and policies. Notwithstanding anything in this provision, the Corporation assumes all risk and liability in respect of the Corporation Employees, including, without limitation, all costs associated with their employment and any termination of their employment. For the Corporation Employees, the Manager shall: based on budget allocation and job descriptions approved by the Board and observance of applicable legal requirements, advertise for, recruit, interview, investigate, evaluate and hire, at the expense of Corporation, qualified and competent applicants for on-site employment required for the efficient operation and maintenance of the Property and the physical assets of the Corporation, it being understood and agreed that all persons hired to perform services for the Corporation under this provision are Corporation Employees; if the Manager is qualified to do so, instruct and train the Corporation Employees (including where appropriate, providing technical instruction in the operation and maintenance of equipment on the Property) and monitor and supervise the performance of such employees and ensure the proper carrying out of their duties; have the authority to terminate any of the Corporation Employees for cause, at any time, where the Manager reasonably determines that it must take immediate action in the circumstances, without seeking the prior approval of the Board; arrange for payment by the Corporation of any and all notice and severance obligations upon the termination of the employment of a Corporation Employee, whether terminated for cause or not...
Employees of the Corporation who take leave of absence for either the birth of a child or care of a child as described above will, on written request, be informed of every promotion or training opportunity that arises during the period of their absence, for which they are qualified. Upon expiry of the birth or leave period, the employee will be reinstated in the position occupied at the commencement of the leave; or the em lo Where for any valid reason, the Corporation is unable to reinstate in the position as stated in the be reinstated n a comparable position, with the same salary and benefits and i n the same geographic area. Should the Corporation undergo organizational changes during the absence of an employee taking leave as bed above, and wages and benefits for the group i n which the employee works, are changed as a result of this reorganization, these employees will on their return, receive the new wages and benefits The Corporation will notify the employee i n writing of any changes to wages and benefits, as soon as possible.
Employees of the Corporation. (1) The Corporation may employ a full-time executive director, who shall be appointed by a majority vote of the entire membership of the Board. The compensation, terms, and conditions of employment shall be determined by the Board. The executive director shall be accountable and answerable to the Board for the daily operation of the Corporation.
(2) The executive director may hire, subject to the approval of the Board, such supporting staff as he deems necessary and proper to effect the purpose of this chapter. The employees of the Corporation shall be exempt from the provisions of the Federated States of Micronesia National Public Service System Act.
(3) No member of the Board may at the same time serve as an employee of the Corporation. Source: PL 3-14 § 18; PL 12-34 § 104 (part).
Employees of the Corporation. A. The Sellers and Corporation warrant and represent that:
(1) The employees of the Corporation do not have any interest in any of the Corporation's property, real or personal or tangible or intangible.
(2) The attached Exhibit "D", entitled, "Employees of the Corporation", dated September 10, 1997 sets forth all employees of the Corporation, their compensation, vacations, holidays and other fringe benefits.
B. Although Buyer currently plans to retain all the Corporation's current employees, Buyer shall not be obligated to do so for any specified period and no representations have been made to the contrary to any employees by the Corporation or Sellers.
