Employment Matters; Labor Relations. (a) Set forth on Schedule 3.16(a) is a list of all employees, officers or managers of the Company, their current rates of compensation, their length of service with the Company. Schedule 3.16 sets forth a true, complete and accurate description of all practices, policies, understandings and agreements with all such employees relating to their employment. All contracts and arrangements with employees are in full force and effect, and neither the Company nor, to the Company's knowledge, any other person or entity is in default under any of them. In the conduct of its affairs and business, as of the Closing Date the Company has complied with all applicable laws and regulations relating to the employment of labor including those related to wages, hours, discrimination, employee pension and welfare benefit plans, collective bargaining, and the payment of Social Security or similar taxes, and the Company has withheld and paid to the appropriate governmental authority all amounts required by law or agreement to be withheld from wages or salaries of such employees.
Employment Matters; Labor Relations. (a) The Company and its Subsidiaries are in compliance, in all material respects, with all Laws concerning employment, including Laws relating to worker classification, wages and hours, tax withholding, prohibited discrimination, equal employment, fair employment practices, safety and health, meal and rest periods, and immigration status, and neither the Company nor any of its Subsidiaries has any material liability with respect to any misclassification of: (i) any Person as an independent contractor rather than as an employee, (ii) any employee leased from another employer, or (iii) any employee currently or formerly classified as exempt from overtime wages. Except as set forth in Section 3.15 of the Company Disclosure Schedule, the services provided by each of the Company’s and its Subsidiaries’ employees is terminable at the will of the Company and its Subsidiaries and any such termination would result in no severance or separation pay obligations. There are no pending, threatened, or reasonably anticipated actions, suits, charges, claims (including workers’ compensation claims), audits, investigations or administrative matters pending against the Company or its Subsidiaries relating to any of its respective employees or independent contractors. Neither the Company nor any Subsidiary is party to a conciliation agreement, consent decree or other agreement or order with any federal, state, or local agency or governmental authority with respect to employment practices. Neither the Company nor any Subsidiary has taken any action which would constitute a “plant closing” or “mass layoff” within the meaning of the WARN Act or similar Law, issued any notification of a plant closing or mass layoff required by the WARN Act or similar Law, and no terminations prior to each Closing would trigger any notice or other obligations under the WARN Act or similar Law.
Employment Matters; Labor Relations. (a) The Company has provided to Buyer a true and complete list of the name of each officer and key employee of the Company and its Subsidiaries as of the date of this Agreement, together with each such person’s position or function, annual base salary or wages and any incentive or bonus arrangement with respect to such person in effect on such date.
Employment Matters; Labor Relations. (a) Section 4.16 of the Greixxx Xxxclosure Letter sets forth a true and complete list of the names, classifications, dates of hire and base compensation for the year ending December 31, 1995, of each employee of Greixxx xxx the Greixxx Xxxsidiaries whose base compensation exceeds $75,000 per annum.
Employment Matters; Labor Relations. (a) The Company has provided to the Buyers a true and complete list of the name of each officer and employee of the Company and its Subsidiaries, together with each such person’s position or function, date of hire, annual base salary or wages and any incentive or bonus arrangement with respect to such person in *** Certain confidential portions of this exhibit were omitted by means of redacting a portion of the text. Copies of the exhibit containing the redacted portions have been filed separately with the Securities and Exchange Commission subject to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act. effect on such date, and description of benefits payable to each employee. To the Knowledge of the Company, it has not received any information that would lead it to believe that any executive officer of the Company or any of its Subsidiaries or any employee listed on Schedule 4.11(a) intends to cease to be an employee of the Company or any of its Subsidiaries, as applicable, because of the consummation of the transactions contemplated by this Agreement.
Employment Matters; Labor Relations. (a) Schedule 3.20(a) sets forth, as of the Agreement Date, a true, correct and complete list of all Employees and, for each such Employee, his or her: (i) employing entity; (ii) job title or position; (iii) minimum wage and overtime exemption status under applicable Law; (iv) current base wage rate or annual salary; (v) commission, incentive, and other bonus opportunity; (vi) date of hire; (vii) work location; and (viii) whether such Employee is absent from active employment and, if so, the date such Employee became inactive, the reason for inactive status, and, if applicable, the anticipated date of return to active employment.
Employment Matters; Labor Relations. (a) Schedule 3.26(a) contains a complete and accurate list of all employment, consulting, severance, termination, indemnification or other similar agreements of any nature (whether in writing or not) currently in effect between the Bank and any current or former officer, director, employee or consultant of or to the Bank and involving payment of more than twenty-five thousand dollars ($25,000) in lump sum or annually. Except as set forth on Schedule 3.26(a), no individual will accrue or receive additional benefits, service or accelerated rights to payments under any Employee Plan or any of the agreements set forth on Schedule 3.26(a), including the right to receive any parachute payment, as defined in Section 280G of the Code, or become entitled to severance, termination allowance or similar payments as a result of the transactions contemplated by this Agreement and the other Documents.
Employment Matters; Labor Relations. (a) The Company has provided Purchaser the following information for each employee of the Company or its Subsidiaries as of the date hereof: (i) name, (ii) job title, (iii) employing entity, (iv) status as exempt or non-exempt under the Fair Labor Standards Act, (v) annualized salary or hourly rate of pay, as applicable, and (vi) primary location of employment. The Company has provided Purchaser true and correct copies of all employment agreements with individuals employed by the Company or its Subsidiaries. The Company has provided Purchaser true and correct copies of all contracts with each Person who provides material services to the Company or its Subsidiaries in the capacity of an independent contractor.
Employment Matters; Labor Relations. (a) Schedule 4.24(a) of the Disclosure Schedules contains a complete and accurate list of the following information for each employee or director of, or consultant to, the Company: (i) name; (ii) all compensation (including all salary, bonuses, deferred or contingent compensation, pension, “golden parachute” and other similar benefits paid or payable (in cash or otherwise)) during each of the last two (2) fiscal years and for the current fiscal year, (iii) accrued vacation, (iv) date of hire and (v) a description of position and job function.
Employment Matters; Labor Relations. (a) The Seller is not a party to any labor union or collective bargaining agreement relating to the Assets or the operations conducted by the Seller utilizing the same; (b) there is no labor union or organizing activity pending or, to the knowledge of the Seller, threatened against the Seller which could reasonably be expected to have an adverse effect on the Seller or the Assets; (c) the Seller is not engaged in any unfair labor practice relating to the Assets or the operations conducted by the Seller utilizing the same; (d) there is no unfair labor practice complaint pending or, to the knowledge of the Seller, threatened before the
