Common use of Labor Controversies Clause in Contracts

Labor Controversies. Except as set forth on Schedule 4.3(m), (i) ------------------- --------------- there have been no labor strikes, slow-downs, work stoppages, lock-outs or other material labor controversies or disputes during the past two years, nor is any such strike, slow-down, work stoppage or other material labor controversy or dispute pending or, to the best Knowledge of such party, threatened with respect to the current or former employees of Xoom, Xenon 2 and their respective Subsidiaries, (ii) none of Xoom, Xenon 2 or any of their respective Subsidiaries is a party to any labor contract, collective bargaining agreement, contract, letter of understanding or, to such party's Knowledge, any other agreement, formal or informal with any labor union or organization, nor are any of Xoom's, Xoom 2's or any of their respective Subsidiaries' employees represented by any labor union or organization nor have there been any labor union organizing activities at any Xoom, Xenon 2 or any of their respective Subsidiaries' facilities within the last three years and (iii) none of Xoom, Xenon 2 or any of their respective Subsidiaries has closed any facility, effectuated any layoffs of employees or implemented any early retirement, separation or window program within the past two years nor has Xoom, Xenon 2 or any of their respective Subsidiaries planned or announced any such action or program for the future.

Appears in 4 contracts

Samples: Agreement and Plan of Contribution, Investment and Merger (Xoom Inc), Agreement and Plan of Contribution, Investment and Merger (General Electric Co), Merger Agreement (Xoom Inc)

AutoNDA by SimpleDocs

Labor Controversies. Except as set forth on Schedule 4.3(m4.2(m), (i) ------------------- --------------- there have been no labor strikes, slow-downs, work stoppages, lock-outs or other material labor controversies or disputes during the past two years, nor is any such strike, slow-down, work stoppage or other material labor controversy or dispute pending or, to the best Knowledge of such party, threatened with respect to the current or former employees of Xoom, Xenon 2 Xoom and their respective its Subsidiaries, (ii) none of Xoom, Xenon 2 or neither Xoom nor any of their respective its Subsidiaries is a party to any labor contract, collective bargaining agreement, contract, letter of understanding or, to such party's Knowledge, any other agreement, formal or informal with any labor union or organization, nor are any of Xoom's, Xoom 2's Xoom"s or any of their respective its Subsidiaries' " employees represented by any labor union or organization nor have there been any labor union organizing activities at any Xoom, Xenon 2 Xoom or any of their respective its Subsidiaries' " facilities within the last three years and (iii) none of Xoom, Xenon 2 or neither Xoom nor any of their respective its Subsidiaries has closed any facility, effectuated any layoffs of employees or implemented any early retirement, separation or window program within the past two years nor has Xoom, Xenon 2 Xoom or any of their respective its Subsidiaries planned or announced any such action or program for the future.

Appears in 2 contracts

Samples: Merger Agreement (General Electric Co), Contribution and Merger Agreement (Xoom Inc)

AutoNDA by SimpleDocs

Labor Controversies. Except as set forth on Schedule 4.3(m), (i) ------------------- --------------- there have been no labor strikes, slow-downs, work stoppages, lock-outs or other material labor controversies or disputes during the past two years, nor is any such strike, slow-down, work stoppage or other material labor controversy or dispute pending or, to the best Knowledge of such party, threatened with respect to the current or former employees of Xoom, Xenon 2 and their respective Subsidiaries, (ii) none of Xoom, Xenon 2 or any of their respective Subsidiaries is a party to any labor contract, collective bargaining agreement, contract, letter of understanding or, to such party's Knowledge, any other agreement, formal or informal with any labor union or organization, nor are any of Xoom's, Xoom Xenon 2's or any of their respective Subsidiaries' employees represented by any labor union or organization nor have there been any labor union organizing activities at any Xoom, Xenon 2 or any of their respective Subsidiaries' facilities within the last three years and (iii) none of Xoom, Xenon 2 or any of their respective Subsidiaries has closed any facility, effectuated any layoffs of employees or implemented any early retirement, separation or window program within the past two years nor has Xoom, Xenon 2 or any of their respective Subsidiaries planned or announced any such action or program for the future.

Appears in 1 contract

Samples: Agreement and Plan of Contribution, Investment and Merger (General Electric Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!