Common use of No Labor Problems Clause in Contracts

No Labor Problems. The Company has not been charged with any unresolved unfair labor practices. There are no material controversies pending or threatened between the Company and any of its employees. The Company has complied in all material respects with all laws relating to wages, hours, collective bargaining and similar employment matters the noncompliance with which would have a Material Adverse Effect, and the Company is not liable for any arrears, wages or material penalties for failure to comply with any of the foregoing.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Newpark Resources Inc), 14 Agreement and Plan of Reorganization (Newpark Resources Inc)

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No Labor Problems. The Company has not been charged with any unresolved unfair labor practices. There practices and there are no material controversies pending or threatened between the Company and any of its employees. The Company has complied in all material respects with all laws relating to wages, hours, collective bargaining and similar employment matters the noncompliance with which would have a Material Adverse Effect, and the Company has paid all social security and similar Taxes that are due and payable and is not liable for any arrears, arrears or wages or any Taxes or material penalties for failure to comply with any of the foregoing.

Appears in 2 contracts

Samples: 21 Agreement and Plan of Reorganization (Newpark Resources Inc), 18 Agreement and Plan of Reorganization (Newpark Resources Inc)

No Labor Problems. The Company has not been charged with any unresolved unfair labor practices. There are no material controversies pending or or, to the best knowledge of the Company and the Stockholder Parties, threatened between the Company and any of its employees. The Company has complied in all material respects with all laws relating to wages, hours, collective bargaining and similar employment matters the noncompliance with which would have a Material Adverse Effect, and the Company is not liable for any arrears, arrears or wages or any material penalties for failure to comply with any of the foregoing.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (Newpark Resources Inc)

No Labor Problems. The Company has Companies have not been charged with any unresolved unfair labor practices. There are no material controversies pending or threatened between the Company Companies and any of its their employees. The Company has Companies have complied in all material respects with all laws relating to wages, hours, collective bargaining and similar employment matters the noncompliance with which would have a Material Adverse Effect, and the Company is Companies have paid all social security and similar Taxes that are due and payable and are not liable for any arrears, arrears or wages or any Taxes or material penalties for failure to comply with any of the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Newpark Resources Inc)

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No Labor Problems. The Company has Companies have not been charged with any unresolved unfair labor practices. There practices and there are no material controversies pending or threatened between the Company Companies and any of its their employees. The Company has Companies have complied in all material respects with all laws relating to wages, hours, collective bargaining and similar employment matters the noncompliance with which would have a Material Adverse Effect, and the Company is Companies have paid all social security and similar Taxes that are due and payable and are not liable for any arrears, arrears or wages or any Taxes or material penalties for failure to comply with any of the foregoing.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Newpark Resources Inc)

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