Common use of Labor Controversies Clause in Contracts

Labor Controversies. Except as set forth on Schedule 4.2(k), (i) ------------------- --------------- there have been no labor strikes, slow-downs, work stoppages, lock-outs or other material labor controversies or disputes during the past two years, nor is any such strike, slow-down, work stoppage or other material labor controversy or dispute pending or, to the best Knowledge of NBC, threatened with respect to the current or former employees of SNAP, (ii) SNAP is not a party to any labor contract, collective bargaining agreement, contract, letter of understanding or, to Neon's Knowledge, any other agreement, formal or informal with any labor union or organization, nor are any of SNAP's employees represented by any labor union or organization and (iii) SNAP has not closed any facility, effectuated any layoffs of employees or implemented any early retirement, separation or window program within the past two years nor planned or announced any such action or program for the future.

Appears in 4 contracts

Sources: Merger Agreement (General Electric Co), Agreement and Plan of Contribution, Investment and Merger (General Electric Co), Merger Agreement (Xoom Inc)

Labor Controversies. Except as set forth on Schedule 4.2(k4.1(k), (i) ------------------- --------------- there have been no labor strikes, slow-downs, work stoppages, lock-outs or other material labor controversies or disputes during the past two years, nor is any such strike, slow-down, work stoppage or other material labor controversy or dispute pending or, to the best Knowledge of NBCSNAP, threatened with respect to the current or former employees of SNAP, (ii) SNAP is not a party to any labor contract, collective bargaining agreement, contract, letter of understanding or, to Neon's SNAP"s Knowledge, any other agreement, formal or informal with any labor union or organization, nor are any of SNAP's SNAP"s employees represented by any labor union or organization and (iii) SNAP has not closed any facility, effectuated any layoffs of employees or implemented any early retirement, separation or window program within the past two years nor planned or announced any such action or program for the future.

Appears in 2 contracts

Sources: Merger Agreement (General Electric Co), Contribution and Merger Agreement (Xoom Inc)

Labor Controversies. Except as set forth on Schedule 4.2(k), (i) ------------------- --------------- there have been no labor strikes, slow-downs, work stoppages, lock-outs or other material labor controversies or disputes during the past two years, nor is any such strike, slow-down, work stoppage or other material labor controversy or dispute pending or, to the best Knowledge of NBC, threatened with respect to the current or former employees of SNAP, (ii) SNAP is not a party to any labor contract, collective bargaining agreement, contract, letter of understanding or, to Neon's Knowledge, any other agreement, formal or informal with any labor union or organization, nor are any of SNAP's employees represented by any labor union or organization and (iii) SNAP has not closed any facility, effectuated any layoffs of employees or implemented any early retirement, separation or window program within the past two years nor planned or announced any such action or program for the future.

Appears in 1 contract

Sources: Agreement and Plan of Contribution, Investment and Merger (General Electric Co)