Changes in remuneration. 3.1 Since the date of the Disclosure Letter:- 9.3.1.1 no change has been made in the rate of remuneration or the emoluments or pension benefits of any officer, ex-officer or senior executive of the Company and its subsidiaries (a senior executive being a person in receipt of remuneration in excess of HK$5,000.00 per annum); 9.3.1.2 no change has been made in the terms of employment of any such officer or senior executive; and 9.3.1.3 no additional officers or senior executives have been appointed.
Appears in 2 contracts
Sources: Agreement for Sale and Purchase of Shares (Hartcourt Companies Inc), Agreement for Sale and Purchase of Shares (Hartcourt Companies Inc)
Changes in remuneration. 3.1 Since the date of the Disclosure Letter:-
9.3.1.1 no change has been made in the rate of remuneration or the emoluments or pension benefits of any officer, ex-officer or senior executive of the Company and its subsidiaries (a senior executive being a person in receipt of remuneration in excess of HK$5,000.00 per annum);
9.3.1.2 no change has been made in the terms of employment of any such officer or senior executive; and
9.3.1.3 no additional officers or senior executives have been appointed.
Appears in 1 contract
Sources: Agreement for Sale and Purchase of Equity Capital (Hartcourt Companies Inc)