UNION RATIFICATION. Employees of the Seller and/or any of its Affiliates who are associated with the Mosinee, Wisconsin and the Rhinelander, Wisconsin production facilities and who are represented by the United Steelworkers union shall have ratified new collective bargaining agreements in a form satisfactory to the Buyer and the Seller; the existing collective bargaining agreements with such employees shall have been terminated and no party shall have terminated or repudiated, in whole or in part, the new collective bargaining agreements or committed any material breach of the terms thereof.
Appears in 2 contracts
Sources: Asset Purchase Agreement, Asset Purchase Agreement (Wausau Paper Corp.)