ST Business Employees definition
Examples of ST Business Employees in a sentence
No work stoppage or labor strike against ST or any of its Subsidiaries is pending or, to ST’s Knowledge, threatened in writing or reasonably anticipated with respect to the ST Business Employees.
ST has no Knowledge of any activities or proceedings of any labor union to organize any ST Business Employees who are not currently represented by a labor or trade union or employee representative body.
Neither ST nor any of its Subsidiaries is presently, nor has it been in the past, a party to, or bound by, any collective bargaining agreement, collective agreement or recognition arrangement with any labor or trade union, works council, European works council or other employee representative body or union contract with respect to ST Business Employees and no such agreement is being negotiated by ST with respect to the ST Business Employees.
ST made all required consultations with, and obtained all required consents, notices or opinions of, any labor or trade unions, works councils or other employee representative bodies with respect to the ST Business Employees (as defined in the ST ACA) prior to the consummation of the transactions contemplated by the ST ACA or any of the other Transaction Documents (as defined in the ST ACA).
With respect to ST Business Employees located outside the United States, each of Newco and ST agrees to comply with all covenants, agreements and obligations set forth in Schedule 5.11(b) of the ST ACA Disclosure Letter.
The consent, notice or opinion of any such employee representative body with respect to the ST Business Employees is not required to consummate any of the transactions contemplated by this Agreement or any of the other Transaction Documents.