LABOR-RELATED MATTERS. Except as described in the Disclosure Memorandum, SBI is not, and has not been, a party to any collective bargaining agreement or agreement of any kind with any union or labor organization or to any agreement with any of its employees which is not terminable at will or upon ninety (90) days notice at the election of, and without cost or penalty to, SBI. SBI has not received at any time in the past five (5) years, any demand for recognition from any union, and no attempt has been made, or will have been made as of the Closing Date, to organize any of its employees. SBI has complied in all material respects with all obligations under the National Labor Relations Act, as amended, the Age Discrimination in Employment Act, as amended, and all other federal, state and local labor laws and regulations applicable to employees. Except as described in the Disclosure Memorandum, there are no unfair labor practice charges pending or threatened against SBI, and there are, and in the past three (3) years there have been, no charges, complaints, claims or proceedings, no slowdowns or strikes pending or threatened against, or involving, as the case may be, SBI with respect to any alleged violation of any legal duty (including but not limited to any wage and hour claims, employment discrimination claims or claims arising out of any employment relationship) by SBI as to any of its employees or as to any person seeking employment therefrom, and no such violations exist.
LABOR-RELATED MATTERS. Neither the Company nor --------------------- either of the Banks is, and neither the Company nor either of the Banks has been, a party to any collective bargaining agreement or agreement of any kind with any union or labor organization or to any agreement with any of its employees which is not terminable at will or upon ninety (90) days notice at the election of, and without cost or penalty to, the Company or the Banks. Except as set forth in Section 4.5.4 of the Company Disclosure Memorandum, neither the Company nor either of the Banks has received at any time in the past five (5) years, any demand for recognition from any union, and no attempt has been made, or will have been made as of the Closing Date, to organize any of their employees. The Company has complied with all obligations under the National Labor Relations Act, as amended, the Age Discrimination in Employment Act, as amended, and all other federal, state and local labor laws and regulations applicable to employees. To the knowledge of Management, there are no unfair labor practice charges pending or threatened against the Company or either of the Banks, and there are, and in the past three (3) years there have been, no charges, complaints, claims or proceedings, or slowdowns or strikes pending or threatened against, or involving, as the case may be, the Company or either of the Banks with respect to any alleged violation of any legal duty (including but not limited to any wage and hour claims, employment discrimination claims or claims arising out of any employment relationship) by the Company or either of the Banks as to any of their employees or as to any person seeking employment therefrom, and no such violations exist.
LABOR-RELATED MATTERS. Except as described in the American Disclosure Memorandum, American is not, and has not been, a party to any collective bargaining agreement or agreement of any kind with any union or labor organization or to any agreement with any of its employees which is not terminable at will or upon ninety (90) days notice at the election of, and without cost or penalty to, American. American has not received at any time in the past five (5) years, any demand for recognition from any union, and no attempt has been made, or will have been made as of the Closing Date, to organize any of its employees. American has complied in all material respects with all obligations under the National Labor Relations Act, as amended, the Age Discrimination in Employment Act, as amended, and all other federal, state and local labor laws and regulations applicable to employees. There are no unfair labor practice charges pending or threatened against American, and there are, and in the past three (3) years there have been, no charges, complaints, claims or proceedings, no slowdowns or strikes pending or threatened against, or involving, as the case may be, American with respect to any alleged violation of any legal duty (including but not limited to any wage and hour claims, employment discrimination claims or claims arising out of any employment relationship) by American as to any of its employees or as to any person seeking employment therefrom, and no such violations exist.
LABOR-RELATED MATTERS. Neither the Company nor United Valley Bank is, and neither the Company nor United Valley Bank has been, a party to any collective bargaining agreement or agreement of any kind with any union or labor organization or to any agreement with any of its employees which is not terminable at will or upon ninety (90) days notice at the election of, and without cost or penalty to, the Company or United Valley Bank. Except as set forth in Section 5.5.4 of the Company Disclosure Memorandum, neither the Company nor United Valley Bank has received at any time in the past five (5) years, any demand for recognition from any union, and no attempt has been made, or will have been made as of the Closing Date, to organize any of their employees. The Company has complied with all obligations under the National Labor Relations Act, as amended, the Age Discrimination in Employment Act, as amended, and all other federal, state and local labor laws and regulations applicable to employees. To the knowledge of Management, there are no unfair labor practice charges pending or threatened against the Company or United Valley Bank, and there are, and in the past three (3) years there have been, no charges, complaints, claims or proceedings, or slowdowns or strikes pending or threatened against, or involving, as the case may be, the Company or United Valley Bank with respect to any alleged violation of any legal duty (including but not limited to any wage and hour claims, employment discrimination claims or claims arising out of any employment relationship) by the Company or United Valley Bank as to any of their employees or as to any person seeking employment therefrom, and no such violations exist.
LABOR-RELATED MATTERS. Except as disclosed on Schedule 3.11(a)(x) or Schedule 3.26:
LABOR-RELATED MATTERS. Except as described --------------------- in the Disclosure Memorandum, Adairsville is not, and has not been, a party to any collective bargaining agreement or agreement of any kind with any union or labor organization or to any agreement with any of its employees which is not terminable at will or upon ninety (90) days notice at the election of, and without cost or penalty to, Adairsville. Adairsville has not received at any time in the past five (5) years, any demand for recognition from any union, and no attempt has been made, or will have been made as of the Closing Date, to organize any of its employees. Adairsville has complied in all material respects with all obligations under the National Labor Relations Act, as amended, the Age Discrimination in Employment Act, as amended, and all other federal, state and local labor laws and regulations applicable to employees. There are no unfair labor practice charges pending or threatened against Adairsville, and there are, and in the past three (3) years there have been, no charges, complaints, claims or proceedings, no slowdowns or strikes pending or threatened against, or involving, as the case may be, Adairsville with respect to any alleged violation of any legal duty (including but not limited to any wage and hour claims, employment discrimination claims or claims arising out of any employment relationship) by Adairsville as to any of its employees or as to any person seeking employment therefrom, and no such violations exist.
LABOR-RELATED MATTERS. Except as described in the Peoples Disclosure Memorandum, Peoples is not, and has not been, a party to any collective bargaining agreement or agreement of any kind with any union or labor organization or to any agreement with any of its employees which is not terminable at will or upon ninety (90) days notice at the election of, and without cost or penalty to, Peoples. Peoples has not received at any time in the past five (5) years, any demand for recognition from any union, and no attempt has been made, or will have been made as of the Closing Date, to organize any of its employees. Peoples has complied in all material respects with all obligations under the National Labor Relations Act, as amended, the Age Discrimination in Employment Act, as amended, and all other federal, state and local labor laws and regulations applicable to employees. There are no unfair labor practice charges pending or threatened against Peoples, and there are, and in the past three (3) years there have been, no charges, complaints, claims or proceedings, no slowdowns or strikes pending or threatened against, or involving, as the case may be, Peoples with respect to any alleged violation of any legal duty (including but not limited to any wage and hour claims, employment discrimination claims or claims arising out of any employment relationship) by Peoples as to any of its employees or as to any person seeking employment therefrom, and no such violations exist.
LABOR-RELATED MATTERS. Except for the union agreements described on Schedule 4.29-Part 1, neither RSI nor any Acquired Ryder Entity is a party to any collective bargaining agreement or agreement of any kind with any union or labor organization. Except as disclosed in the summary of grievances described on Schedule 4.29-Part 2 and/or in Schedule 4.14:
LABOR-RELATED MATTERS. Each employee of Avemarau is regularly registered as such in the proper registry books, together with his corresponding salary, all in compliance with applicable laws and regulations. Avemarau has obtained all registrations and filings and have taken all necessary actions required under all applicable social security and labor laws and regulations with respect to such employees. Except as set forth on Schedule 3.19-1, Avemarau is not a party to any collective bargaining agreement or agreement of any kind with any union or labor organization relating to the Business. Other than as set forth on Schedule 3.19-2, Avemarau is not a party to any labor dispute which may create a liability or which otherwise affects the Business Assets.
LABOR-RELATED MATTERS. All employees of PGSPar and PGS and its subsidiaries, as applicable, have opted for the Employees' Severance Fund - "FGTS" (Fundo de Garantia por Tempo de Serviço) and all of them have settled their rights for years of service prior to such option. No labor or social security indemnities are due by PGSPar and PGS and/or by its subsidiaries to any party who may have rendered services to them. PGSPar and PGS and/or its subsidiaries have no employees with special employment contracts, nor employees or consultants or independent workers rendering services to them under special conditions that may give rise to a Liability not included in the Financial Statements. Each employee of PGSPar and PGS and/or its subsidiaries is regularly registered as such in the proper registry books, together with his/her corresponding salary and benefits, all in compliance with applicable Laws and regulations. PGSPar and PGS and its subsidiaries have obtained, as the case may be, all registrations and filings and have taken all necessary actions required under all applicable social security and labor laws regulations with respect to such employees. Except as set forth in Exhibit 5.15 (a), PGSPar and PGS and/or its subsidiaries are not parties to any collective bargaining agreement or agreement of any kind with any union or labor organization relating to PGSPar and PGS and/or its subsidiaries. Other than as set forth in Exhibit 5.15 (b), PGSPar and PGS and/or its subsidiaries are not parties to any labor dispute which may create a Liability to Buyer, PGSPar and PGS and/or its subsidiaries. There are no employees of PGSPar or PGS and/or its subsidiaries that work in similar position, receiving different salaries, except in compliance with local labor contracts with unions.
