Union Agreements and Employee Relations Sample Clauses

Union Agreements and Employee Relations. Neither SCTC nor any of the SCTC Subsidiaries is a party to any union or collective bargaining agreements, or similar agreements with employees as a group, nor does SCTC have knowledge of any pending or potential attempt to unionize any of the employees of SCTC or any of the SCTC Subsidiaries. Neither SCTC nor any of the SCTC Subsidiaries have, during the last five years, been the subject of a union election. To the best of SCTC's knowledge, neither SCTC nor any of the SCTC Subsidiaries have reason to believe that their continuing relations with their employees will vary in any
AutoNDA by SimpleDocs
Union Agreements and Employee Relations. Except as set forth on a schedule attached to Exhibit "J", Seller is not a party to any union or collective bargaining agreements, nor to the Knowledge of Seller, is there any pending or potential attempt to unionize any of the employees of the Facilities. Except as concerns the unions which are parties to the contracts listed on Exhibit "J" (the "Union Contracts"), to Seller's Knowledge, during the period commencing three (3) years prior to the date hereof, the employees of each of the Facilities have not been the subject of a union election. Seller has provided Purchaser copies of any grievances received by Seller during the twelve month period immediately preceding the date hereof. The payroll for the operation of each of the Facilities for the two week periods ending nearest to and prior to May 15, 1997, and June 1, 1997, is attached hereto as Exhibit "K" and by reference made a part hereof. To Seller's Knowledge, prior to the period of Seller's ownership of each of the Facilities, there have been no strikes, lockouts, or other work stoppages, picketing or Material labor disputes (other than the negotiation of existing union contracts, which shall not be deemed to be a labor dispute for purposes of this Agreement) in which any of the Facilities are or were involved, and, to Seller's Knowledge, no event has transpired which has or will have a Material adverse effect on the relationship between Seller and its employees at any of the Facilities, including the possible effect of the transactions contemplated by this Agreement. Exhibit "L" sets forth the name and current annual salary and other compensation or the rate of compensation payable by Seller to each employee at each of the Facilities and the profit-sharing, bonus or other form of extra compensation paid or payable by Seller to or for the benefit of each such person for its current fiscal year. Except as may be disclosed in Exhibit "J", there are no oral or written contracts, agreements or arrangements obligating Seller to increase the compensation or benefits paid or payable to any of its employees now or at any future time. 3.19.
Union Agreements and Employee Relations. Except as may be disclosed on Exhibit G, Seller is not a party to any union or collective bargaining agreements, nor to the Knowledge of Seller, is there any pending or potential attempt to unionize any of the employees of the Facility. To Seller's Knowledge, during the period commencing two (2) years prior to the date hereof and ending on the Closing Date, the employees of the Facility have not been the subject of a union election. Seller will provide Purchaser copies of any grievances received by Seller during the twelve month period immediately preceding the date hereof. To Seller's Knowledge, prior to the period of Seller's ownership of the Facility, there have been no strikes, lockouts, or other work stoppages, picketing or labor disputes (other than the negotiation of existing union contracts, if any, which shall not be deemed to be a labor dispute for purposes of this Agreement) in which the Facility are or were involved, and, to Seller's Knowledge, no event has transpired which has or will have a Material adverse effect on the relationship between Seller and its employees at the Facility. Seller will provide to Purchaser at the Facility the name and current annual salary and other compensation or the rate of compensation payable by Seller to each employee at the Facility and the profit-sharing, bonus or other form of extra compensation paid or payable by Seller to or for the benefit of each such person for the Facility's current fiscal year. There are no oral or written contracts, agreements or arrangements obligating Seller to increase the compensation or benefits paid or payable to any of its employees now or at any future time.
Union Agreements and Employee Relations. The Seller is not a party to any union or collective bargaining agreements, nor to the Seller's Knowledge is there any pending or potential attempt to unionize any of the employees of the Seller. The Seller has not, during the last three (3) years, been the subject of a union election. To Seller's Knowledge, the Seller has no reason to believe that its continuing relations with its employees will vary in any way which would have a material adverse effect on the business or operations of the Seller.
Union Agreements and Employee Relations. NetSat is not a party to any union or collective bargaining agreement, nor does NetSat have knowledge of any pending or potential attempt to unionize any of the employees of NetSat. NetSat has no reason to believe that its continuing relations with its employees will vary in any way that would have a material adverse effect on the business, assets, results of operations, financial condition, or prospects of NetSat.

Related to Union Agreements and Employee Relations

  • Labor and Employee Relations (i) (A) None of the employees of the Company or any of its Subsidiaries is represented in his or her capacity as an employee of such company by any labor organization; (B) neither the Company nor any of its Subsidiaries has recognized any labor organization nor has any labor organization been elected as the collective bargaining agent of any of their employees, nor has the Company or any of its Subsidiaries signed any collective bargaining agreement or union contract recognizing any labor organization as the bargaining agent of any of their employees; and (C) to the Knowledge of the Company, there is no active or current union organization activity involving the employees of the Company or any of its Subsidiaries, nor has there ever been union representation involving employees of the Company or any of its Subsidiaries.

  • Labor and Employee Matters Seller is not a party to any employment or collective bargaining or similar agreements with the Designated Employees.

  • Employment Agreements Each of the persons listed on Schedule 9.12 shall have been afforded the opportunity to enter into an employment agreement substantially in the form of Annex VIII hereto.

  • Labor and Employment Matters (a) Except as set forth in Section 3.25 of the Company Disclosure Schedule, (i) there is no labor strike, material labor dispute, slowdown, stoppage or lockout actually pending, or, to the knowledge of the Company, threatened against the Company or any of its Subsidiaries, and during the past three years there has not been any such action, (ii) no labor organization claims to represent the employees of the Company or any of its Subsidiaries, (iii) neither the Company nor any of its Subsidiaries is a party to or bound by any collective bargaining or similar agreement governing terms and conditions of employment with any labor organization, (iv) none of the employees of the Company or any of its Subsidiaries is represented by any labor organization and the Company does not have any knowledge of any current organizing activities on behalf of any labor organization among the employees of the Company or any of its Subsidiaries, nor, to the knowledge of the Company, does any question concerning representation exist concerning such employees, (v) there is no pending, or to the knowledge of the Company, threatened material unfair labor practice charge or complaint against the Company or any of its Subsidiaries before the National Labor Relations Board or any similar state or foreign agency, (vi) there is no material grievance arising out of any collective bargaining agreement, (vii) no material charges with respect to or relating to the Company or any of its Subsidiaries are pending before the Equal Employment Opportunity Commission or any other agency responsible for the prevention of unlawful employment practices, (viii) neither the Company nor any of its Subsidiaries has received notice of the intent of any federal, state, local or foreign agency responsible for the enforcement of labor or employment laws to conduct an investigation with respect to or relating to the Company or any of its Subsidiaries and no such investigation is in progress, (ix) the Company has procedures in place for collecting information about employee eligibility on Form I-9, collects such information and follows applicable Laws governing U.S. citizenship in all material respects, and (x) there are no material complaints, lawsuits or other proceedings pending or, to the knowledge of the Company, threatened in any forum by or on behalf of any present or former employee of the Company or any of its Subsidiaries alleging breach of any express or implied contract of employment, any law or regulation governing employment or the termination thereof or other discriminatory, wrongful or tortious conduct in connection with the employment relationship.

  • Employment and Employee Benefits Matters (a) Parent will cause the Surviving Corporation and each of its Subsidiaries, for the period commencing at the Control Time and ending on the first anniversary thereof (the “Continuation Period”), to (i) maintain for the individuals employed by the Company at the Control Time (the “Current Employees”) and who remain employees of the Surviving Corporation during the Continuation Period base compensation and target incentive compensation that is no less favorable to each Current Employee than such Current Employee’s base compensation and target incentive compensation immediately prior to the Control Time, and (ii) provide benefits that are of comparable economic value in the aggregate to the benefits provided by the Company as of immediately prior to the Control Time (excluding, for purposes of Section 6.4(a)(i) and (ii) equity and equity-based compensation, retention, stay, or transaction bonuses or similar arrangements); provided, however, that nothing in this Section 6.4 will be construed as an amendment to or prevent the amendment or termination of any particular Company Plan or employee benefit plan of Parent or any of its Subsidiaries, to the extent permissible thereunder, or interfere with the Parent’s or any of its Subsidiaries’ or the Surviving Corporation’s right or obligation to make such changes as are necessary to conform with applicable Law. Parent will cause the Surviving Corporation and each of its Subsidiaries to honor all obligations and agreements relating to 2010 Bonuses (as defined in Section 4.13(a) of the Company Disclosure Letter) as are, and to the fullest extent, set forth in Section 6.4(a) of the Company Disclosure Letter. During the Continuation Period, Parent will cause the Surviving Corporation to pay or cause to be paid, consistent with the Company’s past practice in similar circumstances, to each Current Employee (i) who is involuntarily terminated or (ii) in the case of any employee covered by an employment, change in control, severance or similar agreement or entitlement providing for benefits upon a voluntary termination for good reason, who terminates employment voluntarily for good reason as therein defined, severance in accordance with past practices, including with respect to bonuses.

  • Retention Agreements The parties agree and acknowledge that the obligations due to each of Xxxx Xxxxxx, Xxx Xxxx, Xxxx Xxxxx, Xxx Xxxxx and Xxxxxx X. Xxxxxxxxxx pursuant to the Retention Agreements shall not be due and payable until such amounts are due under such Retention Agreements and that, notwithstanding the foregoing, such amounts shall be deducted from the Aggregate Merger Consideration at the Closing as Company Transaction Expenses and paid by the Surviving Corporation when due under the Retention Agreements. Parent agrees to cause the Surviving Corporation to transmit any amounts deducted from the Effective Date Aggregate Merger Consideration with respect to the Retention Agreements that, after the Closing, no longer will become due or payable in accordance with the terms of the Retention Agreements as determined in good faith by the Surviving Corporation, plus an amount equal to three and 15/100 percent (3.15%) interest compounding annually on the obligations due pursuant to the Retention Agreements (collectively, the “Unused Retention Amount”) to the Stockholders’ Representative for distribution to the Stockholders.

  • Employee Benefit Plans and Employee Matters (a) Schedule 2.13(a) of the Disclosure Letter lists, with respect to Parent and any trade or business (whether or not incorporated) which is treated as a single employer with Parent (an “ERISA Affiliate”) within the meaning of Section 414(b), (c), (m) or (o) of the Code, (i) all “employee benefit plans” within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), in which the Company’s employees or consultants participate or which the Company’s employees or consultants benefit from, (ii) each loan to an employee of the Company, (iii) all stock option, restricted stock unit, equity incentive, stock purchase, phantom stock, stock appreciation right, supplemental retirement, severance, sabbatical, medical, dental, vision care, disability, employee relocation, training, tuition assistance, cafeteria benefit (Section 125 of the Code), dependent care (Section 129 of the Code), life insurance or accident insurance plans, programs or arrangements in which the Company’s employees or consultants participate or which the Company’s employees or consultants benefit from, (iv) all bonus, pension, profit sharing, savings, severance, retirement, deferred compensation or incentive plans, programs or arrangements in which the Company’s employees or consultants participate or benefit from, (v) all other fringe or employee benefit plans, programs or arrangements that apply to the Company’s senior management and that do not generally apply to all employees of the Company and (vi) all employment or executive compensation or severance agreements, written or otherwise, as to which unsatisfied obligations of the Company or any of the Subsidiaries of greater than $1,000 remain for the benefit of, or relating to, any present or former employee, consultant or non-employee director of the Company or such Subsidiary (all of the foregoing described in clauses (i) through (vi), collectively, the “Company Employee Plans”). Correct and complete copies of all material documentation relating to the Company Employee Plans have been made available to Acquirer prior to the Agreement Date.

  • Employment and Consulting Agreements Xxxxxxx X. Xxxx and Xxxx X. Xxxxxx shall have executed and delivered employment agreements with BRI, and Xxxxxx Xxxx shall have executed and delivered a Consulting Agreement with BRI.

  • Labor and Employment The Company is and each of its Plans are in compliance in all material respects with those provisions of ERISA, the Code, the Age Discrimination in Employment Act, and the regulations and published interpretations thereunder which are applicable to the Company or any such Plan. The Company is in compliance in all material respects with all labor and employment laws, rules, regulations and requirements of all applicable domestic and foreign jurisdictions. There are no pending or threatened labor disputes, work stoppages or strikes.

  • Noncompetition Agreements Purchaser shall have executed and delivered to each Seller a Noncompetition Agreement substantially in the form attached hereto as Schedule 6.5(a).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!