Common use of Labor Difficulties Clause in Contracts

Labor Difficulties. (a) There is no unfair labor practice complaint against the Company or any Company Subsidiary pending before the National Labor Relations Board, except for any occurrence that individually or in the aggregate could not reasonably be expected to have a Company Material Adverse Effect; (b) there is no labor strike, dispute, slowdown or stoppage actually pending or, to the knowledge of the Company, threatened against or affecting the Company or any Company Subsidiary, except where such strike, dispute, slowdown or stoppage could not reasonably be expected to have a Company Material Adverse Effect; (c) to the Company's knowledge, there is no organizational effort presently being made or threatened by or on behalf of any labor union with respect to employees of the Company and its Subsidiaries; and (d) no grievance which might have, individually or in the aggregate, a Company Material Adverse Effect, arising out of or under collective bargaining agreements is pending.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Triple S Plastics Inc), Agreement and Plan of Merger (Triple S Plastics Inc)