Unionized Employees Sample Clauses

Unionized Employees. The Vendors shall retain all Liabilities for salary, wages, bonuses and vacation pay, overtime pay, contributions to or premiums payable with respect to the Employee Plans, commissions and other compensation accruing prior to the Closing Date. The Vendors retain all Liabilities for any indemnities in lieu of notice and indemnities in lieu of notice of collective dismissal, severance pay and all related costs provided for in Applicable Law in respect of the layoff of all former or current Unionized Employees prior to the Closing Date, whether such Liabilities in respect of the foregoing indemnities and related costs occurred before, during or after the Closing Date, the whole in accordance with Applicable Law and any relevant Governmental Order, including of the Court. The Vendors will be responsible for any amount that becomes payable to a former or current Unionized Employee laid off prior to the Closing Date in respect of the period before the Closing Date, including any Governmental Order to pay back pay, damages, benefits, punitive damages or exemplary damages and all related costs. The Vendors shall also remain liable for severances outstanding as of the Closing Date but, only in respect of the period before the Closing Date. The Vendors shall remain liable for grievances outstanding as of the Closing Date that were in respect of the period before the Closing Date.

Unionized Employees. The Purchaser agrees to recognize and be bound by the terms of the applicable collective agreements for the unionized Employees.

Unionized Employees. The Vendors shall, immediately prior to the Closing and subject to the terms of any Collective Bargaining Agreement, lay off those Unionized Employees Related to the Businesses who occupy the positions designated in writing by the Purchaser (such designation to include the number of persons to be affected in each position) not later than 21 days prior to the Closing Date, and the Vendors retain all Liabilities for salary, wages, bonuses, vacation pay, commissions and other compensation accruing prior to the Closing Date. The Vendors retain all Liabilities for any indemnities in lieu of notice and indemnities in lieu of notice of collective dismissal and all related costs provided for in Applicable Law in

Unionized Employees. The employment of all unionized Employees employed by the Vendor immediately prior to the Closing Date shall be continued by the Purchaser. From the Closing Date, the Purchaser shall be bound, to the exclusion of the Vendor, as a successor employer, by the terms and conditions of the two collective agreements disclosed in Schedule 4.1(q).

Unionized Employees. Buyer shall cause the Acquired Entities to continue to (i) recognize the unions listed in Section 7.4 of Seller’s Disclosure Schedule as the sole and exclusive collective bargaining agents as of the Closing Date and immediately thereafter for Employees represented by such unions immediately prior to the Closing Date; and (ii) be bound by the terms and conditions of the collective bargaining agreements set forth in Seller’s Disclosure Schedule effective as of the Closing Date.

Unionized Employees. Notwithstanding anything to the contrary contained in this Section 10.03, the provisions of this Section 10.03 insofar as they relate to unionized employees of the Company or any of its Subsidiaries shall be subject and subordinate to the provisions of the relevant collective agreement(s).

Unionized Employees. Effective as of the Closing Date, the Purchaser shall continue the employment of all Unionized Employees on terms and conditions which are substantially the same under which they are currently employed with the Company, and shall assume and perform the obligations of the employer under the Collective Bargaining Agreement with the Union. “Collective Bargaining Agreement” means the agreement dated November 1, 2006 between the Company and the Union. “Union” means the Sheet Metal Workers’ International Association, Local Union 540.