Common use of Labor Difficulties Clause in Contracts

Labor Difficulties. (a) Target has been in compliance with all applicable laws respecting employment and employment practices, terms and conditions of employment and wages and hours, including, without limitation, any such laws respecting employment discrimination and occupational safety and health requirements, and are not engaged in any unfair labor practice; (b) there are no unfair labor practice complaints against Target pending or threatened before the National Labor Relations Board; (c) there are no labor strikes, disputes, slowdowns or stoppages actually pending or threatened against or directly affecting Target; (d) no union representation question exists respecting the employees of Target; (e) no grievance nor any arbitration proceeding arising out of or under a collective bargaining agreement is pending and no claims exist thereunder; (f) no collective bargaining agreement is binding upon Target; and (g) Target has not experienced any work stoppage or other material labor difficulty.

Appears in 4 contracts

Samples: Merger Agreement (Stone Field Management Co), Merger Agreement (Inid Corp), Merger Agreement (Inid Corp)

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