Common use of Employment and Employee Benefit Matters Clause in Contracts

Employment and Employee Benefit Matters. (a) As at the date hereof, Silvermex and the Silvermex Subsidiaries had an aggregate of 306 full time and part time employees, and an aggregate of 94 independent contractors or other non-employees who supply their services under personal services contracts (whether written or oral). The names and positions of each executive officer of Silvermex and each other Person who receives, directly or indirectly, in excess of $50,000 in annual compensation from Silvermex or any Silvermex Subsidiary are set forth and described in Schedule 3.1.17 of the Silvermex Disclosure Letter.

Employment and Employee Benefit Matters. (a) As at the date hereof, Silvermex SilverCrest and the Silvermex SilverCrest Subsidiaries had an aggregate of 306 383 full time and part time employees, and an aggregate of 94 212 independent contractors or other non-employees who supply their services under personal services contracts (whether written or oral). The names and positions of each executive officer of Silvermex SilverCrest and each other Person who receives, directly or indirectly, in excess of $50,000 150,000 in annual compensation from Silvermex SilverCrest or any Silvermex SilverCrest Subsidiary are set forth and described in Schedule 3.1.17 3.1.20 of the Silvermex SilverCrest Disclosure Letter.