Common use of Service contracts, etc Clause in Contracts

Service contracts, etc. (i) There is no contract of service in force between the Company and any of its directors, officers or employees which is not terminable by the Company without compensation on one month's notice given at any time. (ii) With effect from Completion, there will be no consultancy or management services agreements in existence between the Company and any other person, firm or company. All liabilities of the Company in respect of any consultancy or management services agreements in existence prior to Completion will have been fully settled prior to the Completion Accounts Date. (iii) There are no agreements or other arrangements (binding or otherwise) between the Company or any employers' or trade association of which the Company is a member and any trade union or other body or organisation representing its employees.

Appears in 3 contracts

Samples: Share Purchase Agreement (China Natural Resources Inc), Share Purchase Agreement (China Natural Resources Inc), Share Purchase Agreement (China Natural Resources Inc)

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Service contracts, etc. (i) There is no contract of service in force between the Company and any of its directors, officers or employees which is not terminable by the Company without compensation on one month's notice given at any time. (ii) With effect from Completion, there will be no consultancy or management services agreements in existence between the Company and any other person, firm or company. All liabilities of the Company in respect of any consultancy or management services agreements in existence prior to Completion will have been fully settled prior to the Completion Accounts Date. (iii) There are no agreements or other arrangements (binding or otherwise) between the Company or any employers' or trade association of which the Company is a member and any trade union or other body or organisation organization representing its employees.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (China Natural Resources Inc), Sale and Purchase Agreement (China Natural Resources Inc)

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Service contracts, etc. (i) There is no contract of service in force between the Company and any of its directors, officers or employees which is not terminable by the Company without compensation on one month's notice given at any time. (ii) With effect from Completion, there will be There are no consultancy or management services agreements in existence between the Company and any other person, firm or company. All liabilities of the Company in respect of any consultancy or management services agreements in existence prior to Completion will have been fully settled prior to the Completion Accounts Date. (iii) There are no agreements or other arrangements (binding or otherwise) between the Company or any employers' or trade association of which the Company is a member and any trade trades union or other body or organisation representing its employees.

Appears in 2 contracts

Samples: Agreement for Sale and Purchase of Shares (Integrated Media Technology LTD), Sale and Purchase Agreement (China Media Group CORP)

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