Common use of Employees and Compensation Clause in Contracts

Employees and Compensation. Company will not do or agree to do any of the following acts: (i) grant any increase in salaries payable or to become payable by either of them, 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) enter into or modify any collective bargaining agreement to which it is a party or by which it may be bound.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Organic to Go Food CORP), Agreement of Purchase and Sale (Organic to Go Food CORP)

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Employees and Compensation. The Company will shall not do do, or agree to do do, any of the following acts: (ia) grant make any increase change in salaries compensation payable or to become payable by either of them, it to any officer, employee, sales agent, or representative; (iib) increase make any change in benefits payable to any officer, employee, sales agent, or representative under any bonus or pension plan or other contract or commitment; or (iiic) enter into or modify any collective bargaining agreement to which it is a party or by which it may be bound.

Appears in 2 contracts

Samples: Stock Purchase Agreement (American National Financial Inc), Stock Purchase Agreement (American National Financial Inc)

Employees and Compensation. Company will not do do, or agree to do do, any of the following acts: (i) hire any employee or grant any increase in salaries compensation payable or to become payable by either of them, to any officer, employee, sales agent, agent or representative; or (ii) increase benefits payable to any officer, employee, sales agent, agent or representative under any bonus or pension plan or other contract or commitment; or (iii) enter into or modify any collective bargaining agreement to which it is a party or by which it may be bound.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Clarion Technologies Inc/De/)

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Employees and Compensation. Except as set forth in SCHEDULE 8.5, the Company will shall not do do, or agree to do do, any of the following acts: (i) grant any increase in salaries payable or to become payable by either of them, to any officer, employee, sales agentagent or representative, or representativeconsultant; or (ii) increase benefits payable to any officer, employee, sales agent, agent or representative or consultant under any bonus or pension plan or other contract or commitment; or (iii) enter into or modify any collective bargaining agreement to which it is a party or by which it may be bound.

Appears in 1 contract

Samples: Stock Purchase Agreement (Proxymed Inc /Ft Lauderdale/)

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