Labor and Employee Benefit Matters. Seller is not a party to any agreement with any labor organization. Seller has not maintained or sponsored for any employee or former employee of Seller any fringe or benefit plans, including without limitation, any retirement, pension, profit sharing, thrift-savings, non-qualified deferred compensation, incentive compensation, stock bonus, stock option (qualified or non-qualified), cash bonus, employee stock ownership (including, without limitation, payroll related employee stock ownership), insurance, medical, welfare or vacation plans of any kind and any "employee benefit plan" (as defined in Section 3(3) of Title I of the Employment Retirement Income Security Act of 1974, as amended ("ERISA") or any voluntary employees' beneficiary association (as defined in Section 501(c) (9) of the Internal Revenue Code) or combination of the foregoing. Seller has not incurred any accumulated funding deficiency within the meaning of ERISA or any liability to the Pension Benefit Guaranty Corporation established under ERISA, nor has any tax been assessed against Seller for the alleged violation of the Internal Revenue Code with respect to the Business or its operation.
Labor and Employee Benefit Matters. (a) Prior to the Closing Date, Contributor shall become the employer of all persons employed as of the date of this Agreement by Kemmerer (the “Transferred Employees”) and, as of the Closing, Kemmerer shall have no employees (the “Employee Transfer”).
Labor and Employee Benefit Matters. (a) Except as set forth in Section 3.21(a) of the Sagicor Disclosure Schedule, no member of the Sagicor Group has a labor union or any other collective bargaining unit, and, to Sagicor’s Knowledge, there are no threatened in writing attempts to organize a labor union or for collective bargaining purposes by any group of employees of the Sagicor Group. Except as set forth in Section 3.21(a) of the Sagicor Disclosure Schedule, there is no collective bargaining agreement or any other contract with a union or other labor organization that covers any employees of the Sagicor Group, and no such Contract is currently being negotiated. There is no pending or, to Sagicor’s Knowledge, threatened in writing strike, work stoppage, slowdown or lockout against any member of the Sagicor Group.
Labor and Employee Benefit Matters. (a) Except as would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect, (i) the Companies are in compliance in all material respects with all applicable Laws respecting employment and employment practices, terms and conditions of employment and wages and hours, (ii) there is no unfair labor practice complaint against the Companies pending before the National Labor Relations Board, (iii) there is no labor strike, dispute, slowdown or stoppage actually pending or, to the Knowledge of the Seller, threatened against the Companies, (iv) there are no unpaid dues, assessments, fines or other expenses regarding the Companies relating to any union violation, audit and/or issue, and (v) except as set forth on Section 2.12(a)(v) of the Company Disclosure Letter, there are no collective bargaining or other labor union Contracts to which the Companies are a party or by which the Companies are bound.
Labor and Employee Benefit Matters. Each of Seller and the Project Company Related Parties have no employees and never have had any employees.
Labor and Employee Benefit Matters. 7.1 Offers of Employment
Labor and Employee Benefit Matters. Attached as Schedule 6.12(A) is a true and complete list as of the date hereof, showing the names of all employees of Seller, their weekly salary or hourly rate of compensation, their position entitling them to such compensation, identification of any employment contract with such employee, and designating any such employee about whom Seller have any written notice or actual knowledge of any existing or past occupational disease symptom. Seller is not a party to any agreement with any labor organization. Seller sponsors no employee benefit plan and have not incurred any accumulated funding deficiency within the meaning of the Employee Retirement Income Security Act of 1974 or any liability to the Pension Benefit Guaranty Corporation established under such Act, nor has any tax been assessed against them for the alleged violation of the Internal Revenue Code with respect to the Business or their operations. Buyer shall incur no liability whatsoever in connection with any employee benefit plan of Seller. Seller shall have complied with all continuation of health care and similar requirements (i.e., COBRA) of the Internal Revenue Code and the Employee Retirement Income Security Act of 1974, as amended, with respect to all current and former employees of the Business. No former employee (or dependent) of Seller is (a) currently exercising COBRA rights for continuation health care coverage, or (b) has claimed or will be eligible to claim retiree health care or similar benefits. Seller has not enrolled any individuals under this retirement, group medical or other benefit plans who were not eligible for benefits or coverage under such plans. Seller shall have complied with all notice and other requirements of the Federal WARN Act or any similar state law with respect to all current and former employees.
Labor and Employee Benefit Matters. (a) Schedule 3.10 hereto contains a true and complete list of (i) each plan, program, policy, payroll practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, performance awards, stock or stock-related awards, fringe benefits or other employee pension or welfare benefits of any kind, whether formal or informal, funded or unfunded, written or oral and whether or not legally binding, which is now sponsored, maintained, contributed to or required to be contributed to, by the Purchaser or pursuant to which the Purchaser has, or could reasonably be expected to have, any liability, including, without limitation, any “employee benefit plan” within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) (each a “FG Benefit Plan”); and (ii) each management, employment, bonus, option, equity (or equity related), severance, consulting, noncompete, confidentiality or similar agreement or contract currently in effect between the Purchaser and any current, former or retired employee, officer, consultant, independent contractor, agent or partner of the Company (each a “FG Employee Agreement”). The Purchaser does not currently sponsor, maintain, contribute to, nor is it required to contribute to, nor has the Purchaser ever sponsored, maintained, contributed to or been required to contribute to, or incurred any liability to, (i) any “defined benefit plan” (as defined in ERISA Section 3(35)), (ii) except as described on Schedule 3.10, any “multiemployer plan” (as defined in ERISA Section 3(37)) or any plan that has two or more contributing sponsors at least two of whom are not under common control (within the meaning of Section 4063 of ERISA), (iii) any plan that is, is intended to be, or has ever been treated as a “qualified plan” (within the meaning of Section 401(a) of the Code) or any plan that is, is intended to be, or has ever been treated as a plan subject to Title IV of ERISA, or (iv) any FG Benefit Plan or FG Employee Agreement which provides, or has any liability to provide, life insurance, medical, severance or other employee welfare benefits to any employee (or spouse or dependent thereof) upon or following the employee’s retirement or termination of employment, except as required by Section 4980B of the Code or Part 6 of Title I of ERISA.
Labor and Employee Benefit Matters. (a) Section 3.12(a) of the Disclosure Schedule lists all Benefit Plans. No Benefit Plan is subject to Section 302 or Title IV of ERISA or Section 412 of the Code. No Benefit Plan is a "multi-employer plan" (as such term is defined in Section 3(37) or 4001 of ERISA).
Labor and Employee Benefit Matters. (a) Except as would not, individually or in the aggregate, reasonably be expected to have a Pride Material Adverse Effect, (i) Pride is in compliance in all material respects with all applicable Laws respecting employment and employment practices, terms and conditions of employment and wages and hours, (ii) there is no unfair labor practice complaint against Pride pending before any Governmental Entity, (iii) there is no labor strike, dispute, slowdown or stoppage actually pending or, to the Knowledge of the Pride Shareholders, threatened against Pride, (iv) there are no unpaid dues, assessments, fines or other expenses regarding Pride relating to any union violation, audit and/or issue, and (v) except as set forth on Section 2.15(a) of the Pride Disclosure Letter, there are no collective bargaining or other labor union Contracts to which Pride is a party or by which Pride is bound.
