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Employees
Employees contract clause examples

Effective upon the Closing, all of Sellers’ employees actively employed or engaged principally in Sellers’ Business (the “Business Employees”), except those employees who voluntarily terminate their employment or are excluded by Purchaser from continuing their employment as set forth in [Schedule 9.1(a)] (the “Excluded Employees”), shall continue their employment as employees of Purchaser as set forth in this Section 9.1 (the “Continuing Employees”). Prior to five (5) Business Days before the Closing, Purchaser shall provide to

Employees. The Company has no employees.

Employees. Seller warrants that at Closing, Buyer shall have no obligations whatsoever, for any compensation or other amounts payable to any employee, director, consultant or independent contractor of Company, including, but not limited to bonus, salary, compensation, accrued vacation, fringe, pension or profit sharing benefits, or severance paid or payable to any employee, director, consultant or independent contractor of Company relating to service with or for the Company at any time prior to the Closing Date.

Employees. Attached hereto as [Schedule 2.7] is a list of all Persons currently employed by Emmis who either # regularly report to the Stations for work or # whose primary duties and responsibilities relate to operation and management of the Stations (each, a “Station Employee”). Emmis has separately made available to Sinclair the following information for each Station Employee: # name, # job title, # level of annualized compensation or rate of pay, # whether such individual is paid on an hourly or salary basis, # exempt/non-exempt status for purposes of overtime laws and # work location.

Employees. [Schedule 4.8] of the Disclosure Schedules sets forth a complete and accurate list of all employees of [[Organization A:Organization]] as of the Closing Date (“Employees”), showing for each: name, hire date, current job title or description, current compensation rate and any bonus, commission or other remuneration paid during the most recently completed fiscal year.

Employees. Purchaser shall be under no obligation to offer employment to or hire any of [[Organization A:Organization]]’s employees, other than as set forth in [Section 3.2(a)(vi) and 3.2(b)(vii)])].

Employees. No employee of Seller has any contractual right to continued employment and Purchaser shall be free to offer employment to any such employee as Purchaser may determine in its sole and absolute discretion and on such terms and conditions as Purchaser may determine. As of the date any person became an employee of Seller, no such person # was excluded from participating in any federal healthcare program (as defined in 42 U.S.C. Section 1320a-7b(f)) or # has been subject to sanction pursuant to 42 U.S.C. [Sections 1320a-7a or 1320a-8]8]8]8] or been convicted of a crime described at 42 U.S.C. Section 1320a-7b.

Excluded Employees. Anything herein to the contrary notwithstanding, the parties acknowledge that the Company-Wide Shared Costs are not intended to cover the hotel division field-based employees of Saul Company or its subsidiaries.

Each Eligible Employee who is an employee of a Designated 423 Company, and has completed the necessary enrollment paperwork (including the enrollment form described below) by the applicable deadline, will be granted a Purchase Right on the Offering Date of such Offering. As of the date hereof, for purposes of this Offering Document, the term “Designated 423 Company” means the Related Corporations listed on Exhibit A. Additional Related Corporations may be added to the

Foreign Employees. Without amendment of the Plan, the Committee may grant Awards to Eligible Persons who are subject to the laws of foreign countries or jurisdictions on such terms and conditions different from those specified in the Plan as may in the judgement of the Committee be necessary or desirable to foster and promote achievement of the purposes of the Plan. The Committee may make such modifications, amendments, procedures, sub-plans and the like as may be necessary or advisable to comply with provisions of laws of other countries or jurisdictions in which the Company or any Affiliate operates or has employees.

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