Contractual Representations. (a) The Contracts and the Licences and Permits are all in good standing and in full force and effect and the Vendor is not aware of any default by the Company or the other party to any of the Contracts or Licences and Permits. (b) The Company does not have any pension plan, profit sharing plan, bonus plan, group insurance, or similar plan, or material contract, agreement, undertaking, or arrangement, whether oral, written, or implied, with employees, lessees, licensees, managers, accountants, suppliers, agents, distributors, officers, directors, lawyers, or others, except as set out in Schedules 6, 7, 8, and 10. (c) The Company is not a party to any collective agreement with any labour union or other association of employees and no attempt has been made to organize or certify the employees of the Company as a bargaining unit. (d) The employees of the Company and their current remuneration and terms of employment are described in Schedule 8. (e) The directors and officers of the Company are set out in Schedule 9.
Appears in 2 contracts
Sources: Share Purchase Agreement (Adastra Holdings Ltd.), Share Purchase Agreement