Common use of Employee Benefit Plans and Compensation Clause in Contracts

Employee Benefit Plans and Compensation. (a) Part 2.19(a) of the Seller Disclosure Schedule contains an accurate and complete list as of the date hereof of each Seller Employee Plan and each Seller Employee Agreement. The Seller does not intend nor has it committed to establish or enter into any new Seller Employee Plan or Seller Employee Agreement, or to modify any Seller Employee Plan or Seller Employee Agreement (except to conform any such Seller Employee Plan or Seller Employee Agreement to the requirements of any applicable Legal Requirements, in each case as previously disclosed to the Purchaser in writing or as required by this Agreement).

Appears in 3 contracts

Samples: Asset Purchase Agreement (Local Matters Inc.), Asset Purchase Agreement (Local Matters Inc.), Asset Purchase Agreement (Local Matters Inc.)

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Employee Benefit Plans and Compensation. (a) Part 2.19(a) of the Seller Disclosure Schedule contains an accurate and complete list as of the date hereof of each Seller Employee Plan and each Seller Employee Agreement. The Seller does not intend nor has it committed to establish or enter into any new Seller Employee Plan or Seller Employee Agreement, or to modify any Seller Employee Plan or Seller Employee Agreement (except to conform any such Seller Employee Plan or Seller Employee Agreement to the requirements of any applicable Legal Requirements, in each case as previously disclosed to the Purchaser in writing or as required by this Agreement).

Appears in 1 contract

Samples: Asset Purchase Agreement and Plan of Reorganization (Imageware Systems Inc)

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Employee Benefit Plans and Compensation. (a) Part 2.19(a2.20(a) of the Seller Disclosure Schedule contains an accurate and complete list as of the date hereof of each Seller Group Employee Plan and each Seller Group Employee Agreement. The Seller Group does not intend nor has it committed to establish or enter into any new Seller Group Employee Plan or Seller Group Employee Agreement, or to modify any Seller Group Employee Plan or Seller Group Employee Agreement (except to conform any such Seller Group Employee Plan or Seller Group Employee Agreement to the requirements of any applicable Legal Requirements, in each case as previously disclosed to the Purchaser Buyer Group in writing or as required by this Agreement).

Appears in 1 contract

Samples: Asset Purchase Agreement (Planetout Inc)

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