Common use of Failure to Employ Clause in Contracts

Failure to Employ. Failure to fulfill the employment obligation, in full or in part, gives Seller the right to claim penalties. In accordance with the Employment Plan, for every less employed worker the Buyer shall be obliged to pay penalties as per the following formula:

Appears in 4 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement, Share Purchase Agreement

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Failure to Employ. Failure to fulfill the employment obligation, in full or in part, gives the Seller the right to claim impose penalties. In accordance with For each worker not employed under the Employment Plan, for every less employed worker the Buyer shall be obliged pay to pay the Seller penalties as per determined under the following formula:.

Appears in 1 contract

Samples: Share Purchase Agreement

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