Common use of Employment Compensation Clause in Contracts

Employment Compensation. Schedule 5.16 contains a true and correct list of all employees to whom the Company is paying compensation, including bonuses, seniority, benefits and incentives, 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 (It&e International Group), Asset Purchase Agreement (It&e International Group)

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Employment Compensation. Schedule 5.16 4.17 contains a true and correct list as of December 31, 1996 of all employees to whom the Company is paying compensation, including bonuses, seniority, benefits bonuses and incentives, 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 rangerates, reflecting any increases in compensation since December 31, 1996.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ladish Co Inc)

Employment Compensation. Schedule 5.16 4.22 contains a true and correct list of all salaried or commission based employees who are listed on Schedule 6.7 to whom the Company is paying compensation, including bonuses, seniority, benefits bonuses and incentives, for services rendered or otherwise; and in the case of salaried employees such list identifies the current annual rate of compensation for each such employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of such employees falling within each such range.

Appears in 1 contract

Samples: Asset Purchase Agreement (National Research Corp)

Employment Compensation. Schedule 5.16 4.17 contains a true and correct list of all employees to whom the Company is paying compensation, including bonuses, seniority, benefits bonuses and incentives, 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 1 contract

Samples: Asset Purchase Agreement (Northland Cranberries Inc /Wi/)

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Employment Compensation. Schedule 5.16 4.23 contains a true and correct list of all employees to whom the Company is paying compensation, including bonuses, seniority, benefits bonuses and incentives, for services rendered or otherwise; and in the case of salaried employees such list identifies the current annual rate of compensation for each such employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of such employees falling within each such range.

Appears in 1 contract

Samples: Asset Purchase Agreement (National Research Corp)

Employment Compensation. Schedule 5.16 4.17 contains a true and correct list of all employees to whom the Company is paying compensation, including bonuses, seniority, benefits bonuses and incentives, at an annual rate in excess of Fifty Thousand Dollars ($50,000) 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 1 contract

Samples: Asset Purchase Agreement (Wec Co)

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