Common use of Labour Disruptions Clause in Contracts

Labour Disruptions. There has not been in the last two (2) years and there is not currently any labour disruption or conflict which did have or would have a Material Adverse Effect on the carrying on of the Corporation’s or the Subsidiaries’ business. The Corporation’s employment contracts with all senior employees are in good standing and in full force and effect. Except as disclosed in the Offering Documents, no current or former director, officer, shareholder, employee or independent contractor of the Corporation or any person not dealing at arm’s length within the meaning of the Income Tax Act (Canada) with any such person is indebted to the Corporation or any Subsidiary, other than with respect to advances made by the Corporation to its employees from time to time in the ordinary course of the Corporation’s business.

Labour Disruptions. There has not been in the last two (2) years and there is not currently any labour disruption or conflict which did have or would have a Material Adverse Effect on the carrying on of the CorporationCompany’s or the Subsidiaries’ business. The CorporationCompany’s employment contracts with all senior employees are in good standing and in full force and effect. Except as disclosed in the Offering DocumentsPublic Disclosure Record, no current or former director, officer, shareholder, employee or independent contractor of the Corporation Company or any person not dealing at arm’s length within the meaning of the Income Tax Act (Canada) with any such person is indebted to the Corporation Company or any Subsidiary, other than with respect to advances made by the Corporation Company to its employees from time to time in the ordinary course of the CorporationCompany’s business.