Employment Compensation. Schedule 4.17 contains a true and correct list of all employees to whom each Seller is paying compensation, including bonuses and incentives, at an annual rate in excess of $50,000 for services rendered or otherwise.
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Samples: Asset Purchase Agreement (Oakmont Acquisition Corp.), Asset Purchase Agreement (Oakmont Acquisition Corp.)
Employment Compensation. Schedule SCHEDULE 4.17 contains a true and correct list of all employees to whom each the Seller is paying compensation, including bonuses and incentives, at an annual rate in excess of Twenty Thousand Dollars ($50,000 20,000) 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.
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Employment Compensation. Schedule 4.17 contains a true and correct list of all employees to whom each Seller is paying compensation, including bonuses and incentives, at an annual rate in excess of $50,000 for services rendered or otherwise.
Appears in 1 contract
Samples: Asset Purchase Agreement (Veri-Tek International, Corp.)
Employment Compensation. Schedule 4.17 4.21 contains a true and correct list of all full time employees to whom each Seller is paying compensation, including bonuses and incentives, at an annual rate in excess of Twenty Thousand Dollars ($50,000 20,000) for services rendered to the Business; 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 otherwisecommission employees identifies certain reasonable ranges of rates and the number of employees falling within each range.
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Employment Compensation. Schedule 4.17 4.16 contains a true and correct list of all employees Business Employees to whom each Seller the Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Ten Thousand Dollars ($50,000 10,000) 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.
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