PARTICULARS OF EMPLOYEES. The particulars to be disclosed to the Purchaser during the due diligence to be conducted by the Purchaser are true and complete and show in respect of each director, officer and employee of the Company his date of birth, the date on which he commenced employment with the Company and all remuneration payable and other benefits provided or which the Company is bound to provide (whether now or in the future) to each such person and include full particulars of all remuneration arrangements (particularly profit sharing, incentive and bonus arrangements to which the Company is a party whether binding or not) and each director, officer and employee of the Company is listed therein.
PARTICULARS OF EMPLOYEES. (A) The Employees are all employed by the Second Vendor in sole respect of the Business at the date of this Agreement and notice of termination will not be given by the Second Vendor on or before the Transfer Time. There are no other individuals employed at the date of this Agreement in the Business wheresoever. There will be no other individuals employed at the Transfer Time in the Business wheresoever.
(B) Save as specified in the Disclosure Letter, there are no subsisting contracts for the provision by any person of any consultancy services to the Business.
(C) None of the Employees has given notice terminating his contract of employment.
(D) None of the Employees is under notice of dismissal or has any outstanding dispute with the Second Vendor or any other member of the Vendor’s Group in connection with or arising from his employment nor is there any liability outstanding to such persons except for remuneration or other benefits accruing due and no such remuneration or other benefit which has fallen due for payment has not been paid.
(E) During the period of six months ending with the execution of this Agreement neither the Second Vendor nor any member of the Vendor’s Group nor any other person carrying on the Business has directly or indirectly terminated the employment of any person employed in or by the Business where the reason or principal reason for such termination was the transfer of the Business.
(F) There are no loans owned by any of the Employees to any of the Second Vendor or any member of the Vendor’s Group.
(G) Since the last review date, no change has been made in (i) the rate of remuneration, or the emoluments or pension benefits or other contractual benefits, of any officer of the Second Vendor or any of the Employees or (ii) the terms of engagement of any such officer or any of the Employees.
(H) None of the Employees will become entitled by virtue of their contract of service to any enhancement in or improvement to their remuneration, benefits or terms and conditions of service only by reason of the execution of this Agreement or the completion of the sale and purchase under or pursuant to this Agreement.
(I) Neither the Second Vendor nor any member of the Vendor’s Group have in the last twelve months, entered into any informal or formal agreement to amend or change the terms and conditions of employment of any of the Employees (whether such amendment or change is to take effect prior to or after the Transfer Time).
PARTICULARS OF EMPLOYEES. (1) The particulars shown in the schedule of employees annexed to the Disclosure Letter include correct details of the names addresses dates of birth dates of commencement of employment period of continuous employment and job titles of all employees of the Company and show all remuneration payable and other benefits provided or which the Company is bound to provide to each officer and employee of it or any person connected with any officer or employee and include particulars of all profit sharing incentive commission and bonus arrangements to which the Company is a party whether legally binding or not;
(2) Since the Balance Sheet Date no change has been made in the rate of remuneration or the emoluments or pension benefits of any officer ex-officer or employee of the Company and no change has been made in the terms of engagement of any such officer or employee and nor is the Company bound to make any such change.
(3) No present officer or employee of the Company has given or received notice terminating his employment except as expressly contemplated under this Agreement.
PARTICULARS OF EMPLOYEES. F.1.1 The persons whose names are set out in the list attached to the Disclosure Letter are all the employees of the Company and the particulars of their employment set out in that list are accurate. No person who was formerly employed by any company has a right to return to work.
F.1.2 The terms and conditions of employment of all employees of the Company are set out in the employment contract copies of which are enclosed with the Disclosure Letter.
F.1.3 All subsisting contracts of employment to which the Company is a party are terminable by it on three months' notice or less without compensation (other than compensation in accordance with the Employment Rights Act 1996).
F.1.4 No employee of the Company has been given notice of termination of his employment (or had his employment terminated without notice) since the Accounts Date and no employee of the Company has left its employment of his own accord since that date or indicated his intention of doing so.
F.1.5 Full particulars are contained in the Disclosure Letter of any outstanding offer of employment made to any person by the Company and there is no person who has accepted an offer of employment made by the Company but whose employment has not yet started.
F.1.6 Full particulars are contained in the Disclosure Letter of any agreement for the provision of consultancy services or the services of personnel to the Company and of the terms applicable to the secondment to the Company of any person.
PARTICULARS OF EMPLOYEES. Information required under Section 197 of the Companies Act, 2013 read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.
a. Ratio of remuneration of each Director to the median remuneration of all the employees of your company for the financial year 2021-22 is as follows: X.X Xxxxxx 11,40,000 3.17 Xxxxxx Xxxxxx 7,02,000 1.95 X.X Xxxxxx 12,000 0.03 X.X Xxxxx 16,000 0.04 Xxxxxxxxx Xxxx 16,000 0.04 X.X.X Xxxxxxxxxxxx 6,000 0.02 RekhaThirani 6,000 0.02 Xxxxx Xxxxx 8,000 0.02 Xxxxxxx Xxxxx 12,33,000 3.43 Xxxxx Xxxxxxx 2,000 0.01 Xxxxxxxxxxxx Xxxxxxx 8,000 0.02
PARTICULARS OF EMPLOYEES. The information required under section 197(12) of the Act read with Rule 5(1) of the Companies (Appointment and remuneration of Managerial Personnel) Rules, 2014, is given in Annexure C to the Board Report.
PARTICULARS OF EMPLOYEES. The particulars of all Employees annexed to the Disclosure Letter show the name of the relevant Vendor Group Company that employs them, the job title, date of commencement of employment, type of contract (whether full or part-time or other) and date of birth of every Employee.
PARTICULARS OF EMPLOYEES. There is no employee in the company who is drawing remuneration in excess of the limit as set out in Section 197(12) of the Act read with rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, hence your company is not required to give any statement in terms of Section 134(3) (q) of the Act read with rule 5(1) Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.
PARTICULARS OF EMPLOYEES. There was no employee in receipt of remuneration of Rs. 60 lacs or more per annum during the year as required under Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.
PARTICULARS OF EMPLOYEES. 7.2.1 The particulars shown in the Schedule of Employees annexed to the Disclosure Letter show all remuneration payable and other benefits provided or which the Company or the Sellers are bound to provide (whether now or in the future) to each officer and employee of the Company and/or any person connected with any such person and include true and complete particulars of all profit sharing, incentive and bonus arrangements to which the Company is a party, whether legally binding on the Company or not, and no person not named in that Schedule is an employee of the Company.
7.2.2 Since the Accounts Date, no change has been made in the rate of remuneration or the emoluments or pension benefits of any officer, ex-officer or employee of the Company and no change has been made in the terms of engagement of any such officer or employee and no additional officer or employee has been appointed.
7.2.3 No present officer or employee of the Company has given or received notice terminating his employment.
7.2.4 The Company has not entered into any agreement or arrangement (express or implied) for the provision of compensation on the termination of employment of any employee of the Company beyond the minimum required by law.
