Exhibit 5. 8.1 contains a true and complete list, as of the date hereof, of all employees of the Company and of the Lessee whose annual salary (including any fixed minimum bonus, but excluding any variable or discretionary bonus and any benefits) is in excess of € 30,000 (the “Key Employees”). True and complete copies of the employment agreements of all Key Employees, as in effect as of the date hereof, including all amendments and side agreements, have been delivered to Purchaser prior to the date hereof. As of the date hereof, no notice of termination of any such employment agreement has been given, and no Key Employee has expressed the intention to terminate his or her employment with the Company.
Appears in 1 contract
Sources: Partnership Interest Purchase Agreement (Trans World Corp)
Exhibit 5. 8.1 contains a true and complete list, as of the date hereof, of all employees of the Company and of the Lessee whose annual salary (including any fixed minimum bonus, but excluding any variable or discretionary bonus and any benefits) is in excess of € 30,000 50,000 (the “Key Employees”). True and complete copies of the employment agreements of all Key Employees, as in effect as of the date hereof, including all amendments and side agreements, have been delivered to Purchaser prior to the date hereof. As of the date hereof, no notice of termination of any such employment agreement has been given, and no Key Employee has expressed the intention to terminate his or her employment with the Company.
Appears in 1 contract
Sources: Partnership Interest Purchase Agreement (Trans World Corp)