Common use of Employment Compensation Clause in Contracts

Employment Compensation. Schedule 4.16 contains a true and correct list of all employees to whom any Target is paying compensation, including bonuses and incentives, at an annual rate in excess of $100,000 for services rendered or otherwise, and, in the case of salaried employees, such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Maxim Group Inc /), Agreement and Plan of Merger (Shaw Industries Inc)

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Employment Compensation. Schedule 4.16 3.16 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Fifteen Thousand Dollars ($100,000 15,000) for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Abr Information Services Inc), Agreement and Plan of Reorganization (Abr Information Services Inc)

Employment Compensation. Schedule 4.16 3.18 contains a true and correct list of (a) all employees to whom any Target the Company is paying compensation, including bonuses and incentives, at an annual rate rate, effective January 1, 1997, in excess of Seventy Five Thousand Dollars ($100,000 75,000) for services rendered or otherwise, and, otherwise and (b) all salaried employees; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee employee, effective January 1, 1997, and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Stock Purchase Agreement (Swing N Slide Corp)

Employment Compensation. Schedule 4.16 3.16 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of twelve thousand Dollars ($100,000 12,000) for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Stock Purchase Agreement (U S Laboratories Inc)

Employment Compensation. Schedule 4.16 3.17 contains a true and correct list of all employees to whom any Target Acquired Company is paying compensation, including bonuses and incentives, at an annual rate in excess of $100,000 50,000 for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Stock Purchase Agreement (Chemed Corp)

Employment Compensation. Schedule 4.16 3.17 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of $100,000 for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such rangehourly rate or commission, as the case may be.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bandag Inc)

Employment Compensation. Schedule 4.16 3.17 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Fifty Thousand Dollars ($100,000 50,000) for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pentair Inc)

Employment Compensation. Schedule 4.16 3.16 contains a true and correct list of all employees to whom Company and/or any Target is Subsidiaries are paying compensation, including bonuses and incentives, at an annual rate in excess of Ten Thousand Dollars ($100,000 10,000) for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and date and amount of most recent salary increase, and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Stock Purchase Agreement (Abr Information Services Inc)

Employment Compensation. Schedule 4.16 3.17 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of One Hundred Thousand Dollars ($100,000 100,000) for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Stock Exchange Agreement (Innovative Software Technologies Inc)

Employment Compensation. Schedule 4.16 3.17 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of $100,000 compensation for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ladish Co Inc)

Employment Compensation. Schedule 4.16 3.18 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Fifty Thousand Dollars ($100,000 50,000) for services rendered or otherwise, and, in the case of salaried employees, and such list identifies the current 1998 annual rate and January 1 - May 13, 1999 rates of compensation and bonuses for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such rangeemployee.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wec Co)

Employment Compensation. Schedule 4.16 3.21 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of One Hundred Thousand Dollars ($100,000 100,000) for services rendered or otherwise, and, in the case of salaried employees, and such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such rangeemployee.

Appears in 1 contract

Samples: Stock Purchase Agreement (Oshkosh Truck Corp)

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Employment Compensation. Schedule 4.16 3.21 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of $100,000 50,000 for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wec Co)

Employment Compensation. Schedule 4.16 3.16 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Twenty Thousand Dollars ($100,000 20,000) for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Stock Purchase Agreement (Abr Information Services Inc)

Employment Compensation. Schedule 4.16 3.17 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Two Hundred Thousand Dollars ($100,000 200,000) for services rendered or otherwise, and, in the case of salaried employees, such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Stock Purchase Agreement (Triumph Group Inc /)

Employment Compensation. Schedule 4.16 3.16 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Ten Thousand Dollars ($100,000 10,000) for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Stock Purchase Agreement (Abr Information Services Inc)

Employment Compensation. Schedule 4.16 3.17 contains a true and correct list of all employees to whom any Target Company is paying compensationcompensation and the compensation paid thereto during the twelve month period ending as of the date of the Recent Financial Statements, including bonuses and incentivesincentives (such as auto allowances, at an annual rate in excess of $100,000 for services rendered or otherwisecompany supplied autos, andlife insurance and other benefits), in the case of salaried employees, such list identifies and listing the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such rangeemployee.

Appears in 1 contract

Samples: Stock Purchase Agreement (California Software Corp)

Employment Compensation. Schedule 4.16 3.17 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of One hundred Thousand Dollars ($100,000 100,000) for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Share Purchase Agreement (Innovative Software Technologies Inc)

Employment Compensation. Schedule 4.16 3.16 contains a true and correct list of all employees to whom any Target Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Twenty-five Thousand Dollars ($100,000 25,000) for services rendered or otherwise, and, ; and in the case of salaried employees, employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 1 contract

Samples: Share Exchange Agreement (Pipeline Technologies Inc)

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