Labor and Employment Agreements. There are no labor disputes pending or, to the best of the Seller's knowledge, threatened as to the operation or maintenance of the Property or any part thereof. The Seller is not a party to any union or other collective bargaining agreement with employees employed in connection with the ownership, operation or maintenance of the Property. The Seller is not a party to any employment contracts or agreements, written or oral, with any persons employed with respect to the Property that will be binding on the Purchaser on or after the Closing. Neither the Seller nor its managing agent (if any) will, between the date hereof and the Closing Date, enter into any new employment contracts or agreements or hire any new employees that will be binding on the Purchaser on or after the Closing. The Purchaser will not be obligated to give or pay any amount to any employee of the Seller or the Seller's managing agent. The Purchaser shall not have any liability under any pension or profit sharing plan that the Seller or its managing agent may have established with respect to the Property or their or its employees.
Labor and Employment Agreements. Except as set forth in SCHEDULE 4.27:
Labor and Employment Agreements. (a) Schedule 6.7 sets forth the name of each employee of the Purchased Restaurants, together with a description of all compensation and benefits that are payable to such individuals as a result of their employment by or association with Seller. Seller also has furnished to Buyer a true and complete copy of its employee handbook. Buyer shall not have any obligation to continue, nor shall Buyer have or incur any liability or obligation whatsoever arising out of, any personnel policies or practices, either written or oral, promulgated or followed by Seller.
Labor and Employment Agreements. (a) Schedule 5.15 sets forth a complete and correct list of the following:
Labor and Employment Agreements. 3.21(a) Schedule 3.21 sets forth a complete and correct list of the following, whether written or oral:
Labor and Employment Agreements. (a) As used herein, the following terms shall have the meanings specified below:
Labor and Employment Agreements. Schedule 4.10 identifies (i) each collective bargaining agreement and other labor agreement to which Seller is a party or by which it is bound with respect to the Business (the "Collective Bargaining Agreements"); and (ii) each written or, to Seller's knowledge, material oral agreement, providing a management-level Employee of the Business with rights to employment, compensation or benefits related thereto (other than benefits under Welfare Plans or Retirement Plans as defined in Section 4.11 hereof). Seller is not, and to Seller's knowledge, no other party to any such agreement is in default with respect to any material term or condition thereof, nor, to Seller's knowledge, has any event occurred which through the passage of time or notice, or both, would constitute a material default thereunder by Seller or any other party to such agreement, or would cause the acceleration of any material obligation of Seller or any other party to such agreement. Seller has delivered to Purchaser true and complete copies of all written agreements identified in Schedule 4.10. Except as set forth in Schedule 4.10:
Labor and Employment Agreements. (a) Schedule 3.9(a) attached hereto contains a description of each plan, contract or arrangement under which fringe benefits (including, but not limited to, vacation plans or programs, sick leave plans or programs and related benefits) are afforded to employees of the Company and its Subsidiaries. Neither the Company nor any Subsidiary is a party to any collective bargaining agreement or other labor agreement.
Labor and Employment Agreements. (a) Each person actively and inactively employed in the Purchased Business as of the date of this Agreement including without limitation, all absent employees, those employees who are on leave of absence, military absence, STD, LTD and worker’s compensation, is listed, by name or by reference to a designated number, on Schedule 4.09 (which schedule may be updated as of the Closing Date to reflect any departures or new hires) (the “Business Employees”). The employees of MCG, as identified in the MCG Purchase Agreement, are incorporated by reference into Schedule 4.09. Except as set forth in Schedule 4.09. the Companies, the Subsidiaries and SGS Canada (i) are not subject to any collective bargaining or other labor agreement relating to the Purchased Business; (ii) are not a party to, involved in, or to the knowledge of the Sellers, threatened by, any labor dispute or unfair labor practice charge, or (iii) are not subject to any employment, retainer, or consulting agreement that gives rise to any annual payment obligation in excess of $100,000 to any of the Business Employees to which Sellers or the Companies are a party, or by which either is bound and (iv) have not recognized and are not required to recognize any labor organization as the collective bargaining representative of any of the employees of the Purchased Business. Except as set forth on Schedule 4.09, in respect of SGS Canada, no Business Employee has any agreement as to the length of notice or termination or severance payment required to terminate his or her employment, other than as implied by Law. None of the Sellers, the Companies or the Subsidiaries have committed any unfair labor practice that has a Material Adverse Effect on the Purchased Business. There is no labor strike, work slowdown or stoppage pending or, to the knowledge of Sellers, threatened against the Purchased Business and except as set forth in Schedule 4.09, there has been no such action against the Purchased Business during the last three years.
Labor and Employment Agreements. Seller has not been a party to or bound by any collective bargaining agreement and there have been no labor unions or other organizations representing, purporting to represent or attempting to represent any employees employed in the operation of the Business. There are no union or collective bargaining labor disputes currently subject to any grievance procedure, arbitration or litigation and there is no union or collective bargaining representation petition pending, or to the best knowledge of Seller after due inquiry, threatened with respect to any employee employed in the operation of Business.
