a) list of plans. The seller provided the buyer with correct and complete copies of (i) plan documents and summary plan descriptions for each personnel performance plan, (ii) of the latest notice letter received from the IRS for each personnel performance plan, which must be considered in accordance with Section 401 (a) of the code; (iii) the most recent Form 5500 and (iv) all associated loyalty contracts. , insurance contracts and other financing agreements that implement any business performance plan established, maintained or provided by the company in previous years. This definition is part of the non-competitive part of the agreement. A lawyer can help you adjust the definition of the company`s operations so that the “non-compete clause” clause prohibits applicable conduct. A lawyer may help clarify that the obligation to compensate is limited to the parties who execute this share purchase agreement. In addition, a lawyer will advise on whether the company`s shareholders are compensating the buyer. “Links”: all pledges, privileges, voting rights, voting rights, voting rights, voting rights, security interests, restrictions, mortgages, trust rights, leases and other property interests, conditional sale or other property, valuations, facilities, rights of way , agreements, restrictions, prior decision rights, legal infringements, property infringements and other charges, options or charges of any kind. The target company should not be involved in disputes with the relevant tax authorities at the time of the share purchase agreement.
It is important that at the time of the share purchase agreement, the target company is not involved in a dispute or participates in an out-of-court settlement of disputes, such as mediation.B. At this stage, it is worth mentioning the increasingly popular and important endorsements, which are increasingly linked to share purchase contracts, i.e. tax offences already mentioned at the beginning of this article. A tax deed is a separate document signed by both parties at the same time as the OSG. This document is derived from English law and is a very practical instrument used by the parties to a transaction to plan the measures to be taken in the event of the appearance of certain circumstances and tax issues. Given that tax matters are currently a highly sensitive aspect of transactions due to significant changes in the legislation and practices of tax authorities, a tax deed generally provides that the seller is fully responsible for the company`s tax arrears relating to the period prior to the closing of the transaction. The target company has not employed anyone since the date of the share purchase agreement. The receiver account is subject to a separate receivership, which is negotiated at the same time as this form. At the time of the share purchase agreement, the target company should have filed all tax returns and provided all necessary information regarding these tax returns. 4.19.
Employment agreements. The company has no obligation to quotas or other means: in the context of an employment contract, a collective agreement or other employment contract, an agreement with compensation or termination agreements, a deferred compensation agreement, a consulting contract or pension plan, a pension plan or pension plan, an option to participate in benefits. , a purchase plan or other employment contract or non-terminated agreement () group life insurance, health insurance, hospitalization plan or other staff benefit, including leave plans or programs and sick leave plans or programs.