Common use of Redundancy Payments Clause in Contracts

Redundancy Payments. The Company has not adopted, whether informally or formally and whether in writing or otherwise, any policy or practice of making redundancy payments in excess of statutory minima nor has it historically made any such redundancy payments.

Appears in 2 contracts

Sources: Share Purchase Agreement, Share Purchase Agreement (Sally Beauty Holdings, Inc.)

Redundancy Payments. The Company has not adopted, whether informally or formally and whether in writing or otherwise, any policy or practice of making redundancy payments in excess of statutory minima nor nor, save as Disclosed, has it historically made any such redundancy paymentspayments within the period of two years prior to Completion.

Appears in 1 contract

Sources: Share Purchase Agreement (Lipman Electronic Engineering LTD)