Labor and Employment Agreements. There are no labor disputes pending or, to the best of the Seller's knowledge, threatened as to the operation or maintenance of the Property or any part thereof. The Seller is not a party to any union or other collective bargaining agreement with employees employed in connection with the ownership, operation or maintenance of the Property. The Seller is not a party to any employment contracts or agreements, written or oral, with any persons employed with respect to the Property that will be binding on the Purchaser on or after the Closing. Neither the Seller nor its managing agent (if any) will, between the date hereof and the Closing Date, enter into any new employment contracts or agreements or hire any new employees that will be binding on the Purchaser on or after the Closing. The Purchaser will not be obligated to give or pay any amount to any employee of the Seller or the Seller's managing agent. The Purchaser shall not have any liability under any pension or profit sharing plan that the Seller or its managing agent may have established with respect to the Property or their or its employees.
Labor and Employment Agreements. Except as set forth in SCHEDULE 4.27:
Labor and Employment Agreements. There are no labor disputes pending -------------------------------- or, to the best of the Seller's knowledge, threatened as to the operation or maintenance of the Property or any part thereof. The Seller is not a party to any union or other collective bargaining agreement with employees employed in connection with the ownership, operation or maintenance of the Property. The Seller is not a party to any employment contracts or agreements, written or oral, with any persons employed with respect to the Property that will be binding on the Purchaser on or after the Closing. Neither the Seller nor its managing agent (if any) will, between the date hereof and the Closing Date, enter into any new employment contracts or agreements or hire any new employees that will be binding on the Purchaser on or after the Closing. The Purchaser will not be obligated to give or pay any amount to any employee of the Seller or the Seller's managing agent. The Purchaser shall not have any liability under any pension or profit sharing plan that the Seller or its managing agent may have established with respect to the Property or their or its employees.
Labor and Employment Agreements. (a) Schedule 6.7 sets forth the name of each employee of the Purchased Restaurants, together with a description of all compensation and benefits that are payable to such individuals as a result of their employment by or association with Seller. Seller also has furnished to Buyer a true and complete copy of its employee handbook. Buyer shall not have any obligation to continue, nor shall Buyer have or incur any liability or obligation whatsoever arising out of, any personnel policies or practices, either written or oral, promulgated or followed by Seller.
Labor and Employment Agreements. (a) Schedule 5.15 sets forth a complete and correct list of the following:
Labor and Employment Agreements. 3.24.1 Schedule 3.24 sets forth a complete and correct list of ------------- the following, whether written or oral:
Labor and Employment Agreements. Schedule 4.10 identifies (i) each collective bargaining agreement and other labor agreement to which Seller is a party or by which it is bound with respect to the Business (the "Collective Bargaining Agreements"); and (ii) each written or, to Seller's knowledge, material oral agreement, providing a management-level Employee of the Business with rights to employment, compensation or benefits related thereto (other than benefits under Welfare Plans or Retirement Plans as defined in Section 4.11 hereof). Seller is not, and to Seller's knowledge, no other party to any such agreement is in default with respect to any material term or condition thereof, nor, to Seller's knowledge, has any event occurred which through the passage of time or notice, or both, would constitute a material default thereunder by Seller or any other party to such agreement, or would cause the acceleration of any material obligation of Seller or any other party to such agreement. Seller has delivered to Purchaser true and complete copies of all written agreements identified in Schedule 4.10. Except as set forth in Schedule 4.10:
Labor and Employment Agreements. (a) As used herein, the following terms shall have the meanings specified below:
Labor and Employment Agreements. (A) SCHEDULE 3.9(A) attached hereto contains a description of each plan, contract or arrangement (except those described in SECTION 3.10) under which fringe benefits (including, but not limited to, vacation plans or programs, sick leave plans or programs and related benefits) are afforded to employees of the Company or any of the Subsidiaries. Neither the Company nor any Subsidiary is a party to any collective bargaining agreement or other labor agreement.
Labor and Employment Agreements. 3.17.(a) Schedule 3.17 sets forth a complete and correct list of the following labor and employment related agreements: 3.17.(a)(i) each collective bargaining agreement, if any, and other labor or employment agreement, if any, to which VSDD is a party or by which it is bound;
