Employees and Compensation Sample Clauses

Employees and Compensation. The Company shall not do, or agree to do, any of the following acts: (a) make any change in compensation payable or to become payable by it to any officer, employee, or representative; (b) make any change in benefits payable to any officer, employee, or representative under any bonus or other contract or commitment; or (c) modify any collective bargaining agreement to which it is a party or by which it may be bound.
Employees and Compensation. Schedule 3.12 contains a true and complete list of all employees of the Station, their job description, date of hire, salary and amount and date of last salary increase. Schedule 3.12 also contains a true and complete list as of the date of this Agreement of all employee benefit plans or arrangements applicable to the employees of the Station and all fixed or contingent liabilities or obligations of Seller with respect to any person now or formerly employed by Seller at the Station, including pension or thrift plans, individual or supplemental pension or accrued compensation arrangements, contributions to hospitalization or other health or life insurance programs, incentive plans, bonus arrangements, and vacation, sick leave, disability and termination arrangements or policies, including workers' compensation policies, and a description of all fixed or contingent liabilities or obligations of Seller with respect to any person now or formerly employed at the Station or any person now or formerly retained as an independent contractor at the Station.
Employees and Compensation. Schedule 3.14 contains a true and complete list of all employees of Sellers employed at the Stations as of June 30, 1999 who earned in excess of $20,000 in 1998 or whose present rate of pay would cause them to earn more than that amount in 1999, and indicates the salary and bonus, if any, to which each such Employee is currently entitled (limited in the case of Employees who are compensated on a commission basis to a general description of the manner in which such commissions are determined). As of the date of this Agreement, Sellers have no knowledge that any General Manager, Sales Manager, or Program Director employed at the Stations currently plans to terminate employment, whether by reason of the transactions contemplated by this Agreement or otherwise. Schedule 3.14 also contains a true and complete list of all employee benefit plans or arrangements covering the employees employed at the Stations (the "EMPLOYEES"), including, with respect to the Employees any:
Employees and Compensation. Seller shall not do, or agree to do, any of the following acts: (i) grant any increase in salaries payable or to become payable to any officer, employee, sales agent, or representative, (ii) increase benefits payable to any officer, employee, sales agent, or representative under any bonus or pension plan or other contract or commitment, or (iii) modify any collective bargaining agreement to which it is a party or by which it may be bound. Seller shall permit Buyer free access to communicate and meet with Seller's employees at all reasonable times for the purpose of discussing with such employees the possible employment of such persons by Buyer in connection with the operation of the Business on or after the Closing Date. 8A.6
Employees and Compensation. Except as set forth in SCHEDULE 3.9, -------------------------- Hardware shall not do, or agree to do, any of the following acts: (a) grant any increase in salaries payable or to become payable to any employee, sales agent or representative, except in the ordinary course of business, or (b) increase benefits payable to any employee, sales agent or representative under any executive compensation, bonus, pension, profit-sharing, retirement, deferred compensation, severance, employee stock option or stock purchase, group life, health and other employee benefit plans, arrangements, practices or commitments, except in the ordinary course of business. Hardware shall provide WMT with reasonable access to its employees during normal business hours.
Employees and Compensation. 20 Section 7 CONDITIONS TO OBLIGATION TO CLOSE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 7.1 Conditions to Obligation of Buyer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 7.2 Conditions to Obligation of Seller . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Employees and Compensation. (a) Simon is in compliance in all material respects with all applicable federal, state and local laws and regulations respecting employment and employment practices, and terms and conditions of employment and wages and hours. Except as described in Schedule 3.19(a) of the Simon Disclosure Schedule, none of Simon's employees is represented by a union; and there is no labor strike, dispute, arbitration, grievance, slow down, stoppage, organizational effort, dispute or proceeding by or with any employee or former employee of Simon or any labor union pending or, to the best knowledge of the Shareholders, threatened against Simon.
Employees and Compensation. SCHEDULE 3.12 contains a true and complete list in all material respects of all employees of Sellers who are employed at the Station, their job titles, date of hire and current salary. SCHEDULE 3.12 also contains a description as of the date of this Agreement of all employee benefit plans or arrangements applicable to Sellers' employees at the Station. All employee benefits and welfare plans or arrangements listed in SCHEDULE 3.12 were established and have been executed, managed and administered in all material respects in accordance with the Internal Revenue Code of 1986, as amended, the Employee Retirement Income Security Act of 1974, as amended ("ERISA"). Sellers are not aware of the existence of any governmental audit or examination of any of such plans or arrangements.
Employees and Compensation. (i) The Company is not in violation of any applicable Federal, state and local laws and regulations respecting employment and employment practices, and terms and conditions of employment and wages and hours in a manner which could materially and adversely affect its condition (financial or otherwise). None of the Company's employees are represented by any union and there is no labor strike, dispute, slowdown, stoppage, organizational effort, dispute or proceeding by or with any employee or former employee of the Company or any labor union pending or threatened against the Company.