Employee Matters; Benefit Plans Sample Clauses

Employee Matters; Benefit Plans. (i) The employment of each officer and employee of the Company is terminable at the will of the Company, except as disclosed on Schedule 3(u)(i). The Company and its Subsidiaries have complied in all material respects with all applicable laws relating to wages, hours, equal opportunity, collective bargaining, workerscompensation insurance and the payment of social security and other taxes. Except as disclosed on Schedule 3(u)(i), (i) the Company is not aware that any officer, key employee or group of employees intends to terminate his, her or their employment with the Company or its Subsidiaries, as the case may be, nor does (ii) the Company have a present intention, or know of a present intention of its Subsidiaries, to terminate the employment of any officer, key employee or group of employees. There are no pending or, to the Knowledge of the Company, threatened employment discrimination charges or complaints against or involving the Company or its Subsidiaries before any federal, state, or local board, department, commission or agency, or unfair labor practice charges or complaints, disputes or grievances affecting the Company or its Subsidiaries.
Employee Matters; Benefit Plans. (a) Except as required by applicable Legal Requirements, the employment of each of the Acquired Corporationsemployees is terminable by the applicable Acquired Corporation at will.
Employee Matters; Benefit Plans. (a) Part 3.16(a) of the Company Disclosure Schedule sets forth a true and complete list of each material Employee Plan and separately identifies any such plan that is an International Employee Plan. The Company has made available to Parent or Parent’s Representatives in the Data Room prior to the date of this Agreement with respect to each material Employee Plan that is a U.S. Employee Plan (excluding a Multiemployer Plan (as defined below)), to the extent applicable: (A) current and complete plan documents and all amendments thereto, and all related trust agreements, insurance contracts or other funding documents, (B) the most recent determination or opinion letter issued by the IRS or the United States Department of Labor (“DOL”), (C) the most recent actuarial valuation or annual report (Form Series 5500 and all schedules and financial statements attached thereto), (D) the most recent summary plan descriptions and summaries of material modifications, and (E) all material correspondence to or from the IRS, the DOL, or any other Governmental Body for the last three (3) years.
Employee Matters; Benefit Plans. (a) Except as required by applicable Legal Requirements, the employment of each of the Company’s employees is terminable by the Company at will.
Employee Matters; Benefit Plans. (a) Neither the Company nor any of its Subsidiaries is a party to any collective bargaining agreement or other Contract with a labor organization representing any of its employees, and, to the knowledge of the Company, no such collective bargaining agreement or other Contract is currently being negotiated. Since January 1, 2016, there has not been any strike, lockout, slowdown, work stoppage, material labor dispute or union organizing activity, or any threat thereof, by any employees of the Company or its Subsidiaries with respect to their employment with the Company or its Subsidiaries. Since January 1, 2016, the Company has complied in all material respects with all applicable Legal Requirements related to employment and labor matters, including fair employment practices, wages, hours, classification of Table of Contents employees as exempt and non-exempt, classification of independent contractors and other contingent workers, discrimination, harassment, immigration, workers’ compensation, employee health and safety, collective bargaining, terminations, reductions-in-force and plant closures. No material Legal Proceeding relating to employment or labor matters is pending or, to the knowledge of the Company, threatened against or affecting the Company or any of its Subsidiaries.
Employee Matters; Benefit Plans. (a) Subject to applicable Legal Requirements, the employment of each of the Company’s employees is terminable by the Company at will. The Company is not a party to, nor is currently negotiating in connection with entering into, any collective bargaining agreement or other Contract with a labor organization or work council representing any of its employees and there are no labor organizations representing, purporting to represent or, to the knowledge of the Company, seeking to represent any employees of the Company. Since January 1, 2019, there has not been any strike, slowdown, work stoppage, lockout, material labor dispute or any union organizing activity, or any threat thereof, in each case, involving any of the Company’s employees. There is not now pending, and, to the knowledge of the Company, no Person has threatened in writing to commence, any such strike, slowdown, work stoppage, lockout, material labor dispute or union organizing activity or any similar activity or dispute.
Employee Matters; Benefit Plans. (a) Except as required by applicable Legal Requirements and as set forth on Part 3.17(a) of the Company Disclosure Schedule, the employment of each Acquired Company’s employees is terminable by the applicable Acquired Company at will. A copy as of a recent date specified thereon of the following information for each employee, independent contractor, or consultant of the Acquired Companies has been made available to Purchaser: name; job title; FLSA classification (exempt/non-exempt), length of service, and current base compensation. A copy of the current version of any policy manual and handbook provided to or governing the employees of the Acquired Companies, and any application forms currently being used by the Acquired Companies in connection with the hiring of new employees, have been made available to Purchaser. Except as set forth on Part 3.17(a) of the Company Disclosure Schedule, or with respect to the Employee Plans or as provided in any applicable employee manuals or handbook provided to the Purchaser, none of the Acquired Companies is a party to any written Contract with any present or former director, officer, employee, consultant, or independent contractor. Except as set forth on Part 3.17(a) of the Company Disclosure Schedule, during the ninety (90) days preceding the date hereof, there have been no terminations, layoffs, voluntary departures, or retirements of any employees or independent contractors of the Acquired Companies, and neither the Company nor the Acquired Companies has any reason to believe that any terminations, layoffs, voluntary departures, or retirements will occur prior to the Closing. No employees or officers of the Acquired Companies have given notice of actual or potential termination of employment to the Company, nor, to the knowledge of the Company, does any such employee or officer intend to terminate his or her employment with the Acquired Companies.
Employee Matters; Benefit Plans. ERISA) shall survive the Closing and any investigations made by or on behalf of the relevant party until expiration of the applicable statute of limitations. All statements contained herein or in any schedule, exhibit, certificate or other document executed and delivered pursuant hereto shall be deemed representations and warranties for purposes of Sections 6.1, 8.2(a), and 8.3(a). Notwithstanding the foregoing, the covenants and agreements of the Parent and the BCG Shareholders made herein shall survive the Closing and shall continue in full force and effect through the applicable period of performance. The right to indemnification or other remedy based upon such representations and warranties shall not be affected by any investigation conducted with respect to, or any knowledge acquired at any time, whether before or after execution and delivery of this Agreement or the Closing Date, with respect to the accuracy or inaccuracy of any such representation or warranty.
Employee Matters; Benefit Plans. (a) Subsequent to the Effective Time, Parent shall perform or cause a Subsidiary of Parent to perform the obligations of Target under the Target Severance Policy and the employment agreements and letter agreements set forth in Section 4.11(e) of the Target Disclosure Letter.
Employee Matters; Benefit Plans. (a) Except as required by applicable Laws, the employment of each of any of the Acquired Companiesemployees is terminable at-will by such Acquired Company.