Common use of Employment Arrangements Clause in Contracts

Employment Arrangements. Except as set forth on Schedule 3.21(a) hereto, the Company has no employment or consulting agreements or arrangements, written or oral, which are not terminable at the will of the Company, or any pension, profit-sharing, option, other incentive plan, or any other type of employment benefit plan as defined in ERISA or otherwise, or any obligation to or customary arrangement with employees for bonuses, incentive compensation, vacations, severance pay, insurance or other benefits. Except as set forth on Schedule 3.21(b) hereto, no employee of the Company is in violation of any employment agreement or restrictive covenant.

Appears in 2 contracts

Samples: Merger Agreement (Shea Development Corp.), Merger Agreement (Caminosoft Corp)

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Employment Arrangements. Except as set forth on as Item 3.21 of the Company’s Disclosure Schedule 3.21(a) hereto, the Company has no employment or consulting agreements or arrangements, written or oral, which are not terminable at the will of the Company, or any pension, profit-sharing, option, other incentive plan, or any other type of employment benefit plan as defined in ERISA or otherwise, or any obligation to or customary arrangement with employees for bonuses, incentive compensation, vacations, severance pay, insurance or other benefits. Except as set forth on Schedule 3.21(b) hereto, no No employee of the Company is in violation of any employment agreement or restrictive covenant.

Appears in 2 contracts

Samples: Merger Agreement (Verbena Pharmaceuticals Inc), Merger Agreement (Feris International, Inc.)

Employment Arrangements. Except as set forth on as Item 3.20 of the Company Disclosure Schedule 3.21(a) hereto, the Company has no employment or consulting agreements or arrangements, written or oral, which are not terminable at the will of the Company, or any pension, profit-sharing, option, other incentive plan, or any other type of employment benefit plan as defined in ERISA or otherwise, or any obligation to or customary arrangement with employees for bonuses, incentive compensation, vacations, severance pay, insurance or other benefits. Except as set forth on Schedule 3.21(b) hereto, no No employee of the Company is in violation of any employment agreement or restrictive covenant.

Appears in 2 contracts

Samples: Merger Agreement (Splinternet Holdings Inc), Merger Agreement (Othnet Inc)

Employment Arrangements. Except as set forth on as Item 3.20 of the Company’s Disclosure Schedule 3.21(a) hereto, the Company has no employment or consulting agreements or arrangements, written or oral, which are not terminable at the will of the Company, or any pension, profit-sharing, option, other incentive plan, or any other type of employment benefit plan as defined in ERISA or otherwise, or any obligation to or customary arrangement with employees for bonuses, incentive compensation, vacations, severance pay, insurance or other benefits. Except as set forth on Schedule 3.21(b) hereto, no No employee of the Company is in violation of any employment agreement or restrictive covenant.

Appears in 1 contract

Samples: Merger Agreement (Omni Usa Inc)

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Employment Arrangements. Except as set forth on in Item 3.20 of the Company Disclosure Schedule 3.21(a) hereto, the Company has no employment or consulting agreements or arrangements, written or oral, which are not terminable at the will of the Company, or any pension, profit-sharing, option, other incentive plan, or any other type of employment benefit plan as defined in ERISA or otherwise, or any obligation to or customary arrangement with employees for bonuses, incentive compensation, vacations, severance pay, insurance or other benefits. Except as set forth on Schedule 3.21(b) hereto, no No employee of the Company is in violation of any employment agreement or restrictive covenant.

Appears in 1 contract

Samples: Merger Agreement (China Youth Media, Inc.)

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