Common use of Labor Disputes; Compliance Clause in Contracts

Labor Disputes; Compliance. The Acquired Company is not and has not been a party to any collective bargaining or other labor Contract. There has not been, there is not presently pending or existing, and there is not Threatened any strike, slowdown, picketing, work stoppage, labor arbitration or proceeding in respect of the grievance of any employee, application or complaint filed by an employee or union with the National Labor Relations Board, Equal Employment Opportunity Commission, or any comparable Governmental Body, organizational activity, or other labor dispute against or affecting the Acquired Company or its premises, and no application for certification of a collective bargaining agent is pending or is Threatened. No event has occurred or circumstance exists that could provide the basis for any work stoppage or other labor dispute. There is no lockout of any employees by the Acquired Company, and no such action is contemplated by the Acquired Company. The Acquired Company has complied in all respects with all Legal Requirements relating to employment, equal employment opportunity, nondiscrimination, immigration, wages, hours, benefits, collective bargaining, the payment of social security and similar taxes, occupational safety and health, and plant closing. The Acquired Company is not liable for the payment of any taxes, fines, penalties, or other amounts, however designated, for failure to comply with any of the foregoing Legal Requirements.

Labor Disputes; Compliance. The Acquired Since January 1, 1990, the Company is not and has not been or is not a party to any collective bargaining or other labor Contract. There Since January 1, 1990, there has not been, there is not presently pending or existing, and to Sellers' Knowledge there is not Threatened threatened any strike, slowdown, picketing, work stoppage, labor arbitration or proceeding in respect of the grievance of any employee, application or complaint filed by an employee or union with the National Labor Relations Board, Equal Employment Opportunity Commission, Board or any comparable Governmental Body, organizational activity, or other labor dispute against or affecting any of the Acquired Company or its premises, and no application for certification of a collective bargaining agent is pending or to Sellers' Knowledge is Threatenedthreatened. No To Sellers' Knowledge no event has occurred or circumstance exists that could provide the basis for any work stoppage or other labor dispute. There is no lockout of any employees by the Acquired Company, and no such action is contemplated by the Acquired Company. The Acquired Company has complied in all respects with all Legal Requirements relating to employment, equal employment opportunity, nondiscrimination, immigration, wages, hours, benefits, collective bargaining, the payment of social security and similar taxes, occupational safety and health, and plant closing. The Acquired Company is not liable for the payment of any taxes, fines, penalties, or other amounts, however designated, for failure to comply with any of the foregoing Legal Requirements.