Redundancies. The Company has neither given notice of any redundancies to the Secretary of State or other appropriate body in any other jurisdiction nor started consultations with any independent trade union or employees’ representatives, in each case within the last 12 months in relation to any of the Company’s employees. So far as the Sellers are reasonably aware, no circumstances have arisen under which the Company is likely to be required to pay damages for wrongful dismissal or breach of contract, to make any contractual or statutory redundancy payment or make or pay any compensation in respect of unfair dismissal, to make any other payment under any Employment Law or to reinstate or re-engage any former employee of the Company.
Appears in 2 contracts
Sources: Share Purchase Agreement, Share Purchase Agreement (Sally Beauty Holdings, Inc.)