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)

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Employees and Compensation. Company The Corporation will not do do, or agree to do do, any of the following acts: (i) grant make any increase change in salaries compensation payable or to become payable by either of themthe Corporation, to any officer, employee, sales agent, or representative; (ii) 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 (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 (Westminster Capital Inc)

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