Common use of Union and Employment Contracts and Other Employment Matters Clause in Contracts

Union and Employment Contracts and Other Employment Matters. 3.16.1. Seller is not a party to any formal or informal collective bargaining agreement or any other written employment agreement, nor is Seller a party to any other contract or understanding (oral or written) that contains any severance pay liabilities or obligations, except for accrued, unused vacation pay or accrued and unused sick leave pay. All of Seller's employee benefits are outlined in the employee handbook, a true and complete copy of which has been provided to Buyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Ipi Inc), Asset Purchase Agreement (Ipi Inc)

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Union and Employment Contracts and Other Employment Matters. 3.16.1. (i) Except as set forth in Exhibit 3.14(c)(i) hereto, Seller is not a party to any formal or informal collective bargaining agreement or any other written employment agreementagreement with employees working in the Business, nor is Seller a party to any other written contract or understanding (oral or written) that contains any severance pay liabilities or obligations, except for accrued, unused vacation pay or accrued and unused sick leave pay. All of Seller's employee benefits are outlined pay for employees working in the employee handbook, a true and complete copy of which has been provided to BuyerBusiness.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Virtual Technology Corp), Asset Purchase Agreement (Virtual Technology Corp)

Union and Employment Contracts and Other Employment Matters. 3.16.1. (i) Seller is not a party to any formal or informal collective bargaining agreement or any other written employment agreement, nor is Seller a party to any other contract or understanding (oral or written) that contains any severance pay liabilities or obligations, except for accrued, unused vacation pay or accrued and unused sick leave pay. All of Seller's employee benefits are outlined in the employee handbook, a true and complete copy of which has been provided to Buyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Sterion Inc), Asset Purchase Agreement (Sterion Inc)

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Union and Employment Contracts and Other Employment Matters. 3.16.1. Seller is not a party to any formal or informal collective bargaining agreement or any other written employment agreement, nor is Seller a party to any other contract or understanding (oral or written) that contains any severance pay liabilities or obligations, except for accrued, unused vacation pay or accrued and unused sick leave pay. All of Seller's employee benefits are outlined in the employee handbook, a true and complete copy of which has been provided to Buyermanual attached as Exhibit 4.19(e).

Appears in 1 contract

Samples: Asset Purchase Agreement (Sparta Foods Inc)

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