Certain Employment Matters. (a) Schedule 2.26 contains a true and complete list of names and current hourly wage, monthly salary or other compensation of all directors, officers, management employees, consultants, independent contractors or managers of the Company, with a summary of existing bonuses, additional compensation and other benefits (whether current or deferred), if any, paid or payable to each such person for services rendered in the fiscal year ended December 31, 1996, or, determined as of the date hereof, to be rendered in the fiscal year ended December 31, 1997. Schedule 2.26 contains a true and complete listing and summary description of all employment, compensation, non-competition, confidentiality, consulting and independent contractor agreements between the Company or any Subsidiary thereof and its directors, officers, employees, independent contractors and consultants.
Certain Employment Matters. Effective as of the date of the Closing, there are no employment agreements to which the Company is a party other than those set out in the tabled attached as Schedule 4.6 hereto.
Certain Employment Matters. (a) In furtherance of the Manager’s performance of its obligations under the Management Agreement contemplated by Section 6.9, effective as of immediately prior to the Closing, each Seller shall terminate each Employee employed thereby to the extent such Employee provides services with respect to the Facility, and the Manager shall contemporaneously therewith offer employment to and hire such Employees, all in accordance with Applicable Law; it being understood that neither Purchaser nor any of its Affiliates shall have any liability or obligation in respect of such termination of such Employees by the Sellers, the hiring thereof by the Manager, or any post-termination liabilities or obligations owing to any such Employee in connection therewith, all of which shall remain the sole liability and obligation of the Sellers and the Manager. The Sellers shall be responsible for timely providing all notices and other communications to employees and making any payments that may be required under the Worker Adjustment and Retraining Act, as amended from time to time, and any similar state statute, relating to notice to employees, if such provisions apply to the Transactions contemplated hereunder, and the Sellers shall obtain IRS Forms I-9 from all of their respective Employees prior to the Closing. The provisions of this Section 4.12(a) shall not create any third party beneficiary rights and, to the extent consistent with the terms of the Management Agreement contemplated by Section 6.9, the Manager shall have sole discretion for all employment decisions, wages, salaries, benefits and other terms and condition of employment of any and all of its employees.
Certain Employment Matters. (a) The following provisions shall apply effective as of the Effective Time:
Certain Employment Matters. 4.20.1 EMPLOYMENT POLICIES, PROGRAMS, AND PROCEDURES. The poli- cies, programs and practices of CFSB relating to equal opportunity and affirmative action, wages, hours of work, employee disabilities, and other terms and conditions of employment are in compliance in all material respects with applicable federal, state, and local laws, orders, regulations, and ordinances governing or relating to employ- ment and employer practices and facilities.
Certain Employment Matters. From and after the Closing, Seller shall assume all liability for, and neither Purchaser nor any of its Affiliates shall have any liability or obligation in respect of any pre-Closing obligations of Seller in respect of any collective bargaining agreement, employment agreement, pension or retirement plan, profit sharing plan, stock purchase or stock option plan, medical or other benefits or insurance plan, compensation obligation or agreement or severance pay plan or agreement and any other Employee Benefit Plan, including any contribution, tax lien, penalty, cost, interest, claim, loss action, suit damage, cost assessment or other similar type of liability expense of Seller or any of its ERISA Affiliates with regard thereto.
Certain Employment Matters. (a) SCHEDULE 2.24(A) contains a true and complete list of names and current hourly wage, monthly salary or other compensation of all directors, officers, management employees, consultants or managers of the Company, with a summary of existing bonus programs and arrangements, additional compensation and other benefits (whether current or deferred), if any, paid or payable to each such person for services rendered in the fiscal year ended December 31, 1996, or, determined as of the date hereof, to be rendered in the fiscal year ended December 31, 1997. SCHEDULE 2.24(A) contains a true and complete listing and summary description of all employment, deferred compensation, non-competition, confidential information and consulting agreements between the Company or any Subsidiary thereof and its directors, officers, management employees, consultants and managers.
Certain Employment Matters. With respect to any Branch Employee:
Certain Employment Matters. 27 2.13 AOL Time Warner Commissions...................................................................32 2.14
Certain Employment Matters. (a) Subject to Section 2.12(f), Buyer shall, or shall cause the Companies to, maintain or create on and after the Closing Date, without interruption, employee compensation and benefit plans, programs and policies and fringe benefits that will provide benefits and compensation to Employees of the Companies that are no less favorable in the aggregate than those currently provided to the Employees. Buyer shall or shall cause the Companies to honor, without modification, all Employee Benefit Plans and Employee Agreements and obligations thereunder to current and former Employees of the Companies in accordance with the terms and conditions of such plans and agreements (to the extent constituting Continuing Liabilities). For the avoidance of doubt, the obligations under this clause (a) shall not apply to Seller Plans which are solely maintained by Insignia or IESG for its employees generally, including, without limitation, the Employees, but rather to the Employee Benefit Plans and Employment Agreements maintained solely by the Companies for the benefit of their Employees (e.g., bonus plans, vacation, sick leave and other paid time off policies, etc.). Employees shall be given credit for all service with the Companies or their parents or subsidiaries (or service credited by Insignia or IESG or either of their subsidiaries for similar plans, programs or policies, as determined by reference to each such Employee's hire date set forth on Schedule 3.20 hereof), under (i) all employee benefit and fringe benefit plans, programs and policies of the Buyer or its affiliates in which they become participants for purposes of eligibility and vesting and seniority, but not benefit accrual and (ii) severance plans for purposes of calculating the amount of each such employee's severance benefits.
