Common use of Employment Compensation Clause in Contracts

Employment Compensation. Schedule 5.14 of the Disclosure Schedule contains a true and correct list of all Business Employees to whom the Company is paying compensation for services rendered or otherwise; and in the case of salaried employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Entegris Inc), Asset Purchase Agreement (Entegris Inc), Asset Purchase Agreement (Entegris Inc)

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Employment Compensation. Schedule 5.14 Section 4.16 of the Company Disclosure Schedule contains a true and correct list of all Business Employees employees to whom the Company is paying compensation for services rendered or otherwiserendered; and in the case of salaried employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 2 contracts

Samples: Asset Purchase Agreement and Plan (Sonic Foundry Inc), Asset Purchase Agreement and Plan of Asset Transfer and Reorganization (Sonic Foundry Inc)

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Employment Compensation. Schedule 5.14 5.19 of the Disclosure Schedule contains a true and correct list of all Business Employees employees to whom the Company Seller is paying compensation compensation, including bonuses and incentives, at an annual rate in excess of $60,000 for services rendered or otherwise; and in the case of salaried employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Artecon Inc /De/), Technology Purchase Agreement (Artecon Inc /De/)

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