合同結(jié)構(gòu)設(shè)計(jì)制作及談判技能

合同結(jié)構(gòu)設(shè)計(jì)制作及談判技能AGREEMENTFORPURCHASEOFSHARESINBYANDAMONG[SELLERNAME]ANDSAMPLECOMPANYANDBUYERNAME]1.DEFINITIONSAGREEMENTFORTRNASFEROFEQUITYINTEREST THISAGREEMENTFORPURCHASEOFSHARES(“Agreement”)ismade onthe[Date]byandamong.[SellerName],aChineselimitedliabilitycompany,withaddressSellerSampleCompany,aChineselimitedliabilitycompany,with officesat[address](“Company”) [BuyerName],acorporationincorporatedinthestateofDelaware,theUnitedStates,withofficesat[address]WHEREAS,CompanywasestablishedpursuanttotheCompanyLawofthePeople’sRepublicofChina;andWHEREAS,SellerdesirestotransfertoBuyer,andBuyerdesirestopurchasefromSeller,allofSeller’sequityinterestinCompany(“TransferredShares”)onthetermsandsubjecttotheconditionsofthisAgreement.NOW,THEREFORE,thePartiesherebyagreeasfollows:1.1TermsusedbutnototherwisedefinedhereinshallhavethemeaningssetoutforsuchtermsinScheduleA.1.2Otherdefinitionalprovisionsinclude:(a)Areferencetoanyapplicablelawsortoanylegislation,ortoanyprovisionofApplicableLawsorofanylegislationincludesareferencetosuchApplicableLawsorlegislationasamendedormodifiedfromtimetotime.(b)Areferencetoa“person”includesanyindividualorentity(includinganycompany,businessorotherenterpriseorentity,jointventure,institution,stateorgovernmentdepartment),asthecontextpermits.(c)ReferencesinthisAgreementtocontracts,agreementsorotherdocuments,shallmeanthesameasamendedfromtimetotime.(d)AreferencetoanyPRCgovernmentauthorityordepartmentincludessuchauthorityordepartmentatState,provincial,municipalandotherlevels.(e)ReferencesinthisAgreementtogovernmentministries,bureaux,departments,commissions,agencies,etc.shallincludeallsuccessorentitiesthereto.(f)InthisAgreement,themasculineformincludesthefeminineformandthesingularformincludesthepluralform,andviceversa.(g)HeadingsareforconvenienceofreferenceonlyandshallnotaffecttheconstructionorinterpretationofthisAgreement.(h)AreferencetoanyPartytothisAgreementortoanyotherpartytoanycontract,agreementordocumentincludesareferencetothatparty’ssuccessorsandpermittedassigns.(i)Thewords“includes”or“including”mean“includeswithoutlimitation”and“includingwithoutlimitation”respectively.2.AGREEMENTTOPURCHASEANDSELL;CLOSING AgreementtoPurchaseandSell.Onthetermsandconditionsof thisAgreement:(a)SelleragreestoselltoBuyerandBuyeragreestopurchasefromSelleralloftheTransferredSharesinconsiderationforthePurchasePrice. Purchase (a)Amount.The“PurchasePrice”shallbe[·]UnitedS (b)PaymentofPurchasePrice.BuyershallpaythePurchase Price,inimmediatelyavailablefundsbywiretransfer,asfollows:(i)AttheClosing,[seventypercent(70%)]ofthe(the“ClosingDatePayment”)shallbepaidtoabankaccountdesignatedbySeller.(ii)AttheClosing,[thirtypercent(30%)]ofthePurchasePrice,amountingto[·]DollarsffAmountshallbepaidtoEscrowAgent,pursuanttoanescrowagreementintheformattachedasAnnexBhereto(“SetOffEscrowAgreement”),tobedisbursed,inaccordancewiththetermsofsuchagreement,attheendof36monthsfollowingtheClosingDate.(c)SellershallnotifyBuyer,inwritingofthedetailsofitsbankaccount.PaymentofthePurchasePriceshallbedeemedtohavebeenmadewhentherecipientbankhasreceivedtheapplicableportionofthePurchasePrice. 2.3ContemporaneousActionsoftheParties.Contemporaneously withtheexecutionofthisAgreement:(a)SellershallcauseCompanytoexecuteanddeliverthefollowingdocuments:(i)unanimousresolutionsoftheBoardofDirectorsofCompany(“CurrentBoard”),conditioneduponandtobeeffectiveasoftheClosing,(A)approvingthetransactionscontemplatedbythisAgreement,(C)approvingtheenteringintoofanyoftheAncillaryAgreementstowhichCompanyispartyand(D)revokingeachexistingmandategivenbyCompanyfortheoperationofitsbankaccounts,EnglishandChinesecopiesofwhichareattachedasAnnexesD-1andD-2,respectively(“TransferResolutions”);and(ii)thewrittenresignation,conditioneduponandtobeeffectiveasoftheClosing,ofeachmemberofCompany’sCurrentBoard,copiesofwhichareattachedasAnnexesE-1throughE-5(“CurrentBoard(b)BuyershalldeliverafullyexecutedundatedWhollyForeign-OwnedEnterpriseArticlesofAssociationofCompany,EnglishandChinesecopiesofwhichareattachedasAnnexesF-1andF-2,respectively(“NewArticlesofAssociation“);(c)BuyershalldelivertotheCompanyanundatedlistinEnglishandChineseofthenewboardofdirectorsoftheCompany(“NewBoard”)tobeappointedandregisteredwiththePublicAuthorityfollowingtheClosingintheformsattachedasAnnexesG-1andG- 2;and(d)BuyershalldeliverfullyexecutedundatedunanimousresolutionsoftheNewBoard,conditioneduponandtobeeffectiveasoftheClosing,(A)ratifyingtheCurrentBoard’sactionsintheTransferResolutions,includingtheenteringintoofanyoftheAncillaryAgreementstowhichCompanyisparty,(B)acceptingtheresignationsoftheCurrentBoard,and(C)establishinganewmandategivenbyCompanyfortheoperationofitsbankaccounts,EnglishandChinesecopiesofwhichareattachedasAnnexesG-3andG-4,respectively(“NewBoardRestructuringResolutions”).(e)[ListofSigningStageAncillaryAgreements(ifany)];ForpurposesofthisSection,deliverofanydocumentreferencedaboveshallrefertodeliverytoeachotherPartytothisAgreement.Closing.SubjecttothetermsandconditionsofthisAgreement,thesaleandpurchaseoftheTransferredSharesascontemplatedhereby,shalltakeplaceataclosing(“Closing”)tobeheldat10:00a.m.,Beijingtime,nolaterthanthree(3)BusinessDaysfollowingtheTransferApprovalDateattheofficeofCompanylocatedat[·],oratsuchothertimeoronsuchotherdateoratsuchotherplaceasSellerandBuyermaymutuallyagreeuponinwriting(thedayonwhichtheClosingtakesplacebeingthe“ClosingDate”).ClosingDeliveriesbySeller.AtClosing,SellershalldeliverorcausetobedeliveredtoBuyer:(a)BySeller:(i)acounterpart,executedbySeller,oroneofitsAffiliates,ofeachofthe:(A)SetOffEscrowAgreement;(B)[ListofClosingStageAncillaryAgreements];andanyotherAncillaryAgreementstowhichSellerisaparty.acertificateofanofficerorotherdulyauthorizedrepresentativeofSellerauthorizingtheexecutionanddeliveryofthisAgreementsandtheAncillaryAgreementstowhichSellerisaparty,andtheperformanceofthetransactionscontemplatedthereby;areceiptfortheClosingDatePaymentfollowingreceiptofpaymentthereof;andsuchotherevidenceasBuyerorBuyer’scounselmayreasonablyrequesttodemonstratethesatisfactionofcompliancewithcovenantsonthepartofSeller.ClosingDeliveriesbyCompany.AtClosing:(a)CompanyshalldelivertoBuyerthefollowingdocuments:(i)fullyexecutedduplicateoriginalcopiesofthefollowingdocuments,whichwerepreviouslyenteredintoinaccordancewithSection:(A)TransferResolutions,inEnglishandChineseversions;and(B)CurrentBoardResignationLettersdatedasoftheClosingDate.(ii)allCompanychops.(b)BuyershallcauseCompany:(i)todelivertoSellerfullyexecutedduplicateoriginalcopiesofthefollowingdocuments,whichwerepreviouslyexecutedinaccordancewith:(A)NewBoardRestructuringResolutionsdatedasoftheClosingDate，inEnglishandChineseversions.(ii)todelivertoSelleracounterpart,executedbyCompany,ofeachofthe:(A)[ListofClosingStageAncillaryAgreements] 2.7ClosingDeliveriesbyBuyer..AtClosing,Buyershall deliverorcausetobedeliveredtoSeller:TheClosingDatePayment;WrittenconfirmationbyEscrowAgent,pursuanttotheSetOffEscrowAgreementofthereceiptofallamountstobedepositedthereunder;(c)Acounterpart,executedbyBuyer,oftheSetOffEscrowAgreement;(d)fullyexecutedduplicateoriginalcopiesofthefollowingdocuments，whichwerepreviouslyexecutedinaccordancewith:(i)NewArticlesofAssociationdatedasoftheClosingDate,inEnglishandChineseversions;and(ii)ListofmembersoftheNewBoarddatesasoftheClosingDate,inEnglishandChineseversions(e)acertifiedcopytheresolutionofBuyer’sBoardofDirectorsauthorizingtheexecution,deliveryandperformanceofthisAgreementandtheAncillaryAgreementstowhichBuyerisaparty;and(f)CertifiedcopiesoftheCertificateofIncorporation,orsimilardocumentsofBuyer.3.REGISTRATIONSANDAPPROVALS SubmissionofTransferDocuments.Withinthree(3) BusinessDaysfollowingtheexecutionofthisAgreement,CompanyshallsubmittoApproval.AuthorityforapprovalofthetransferoftheTransferredShares(“Transfer”):(i)TransferResolutions;(ii)NewArticlesofAssociation;(iii)CurrentBoardResignationLetters;(iv)NewBoardRestructuringResolutions;(v)SetOffEscrowAgreement;(vi)AssetValuationReport;and(vii)Suchotherdocumentsasmayberequiredby ApprovalAuthority.(collectively,the“Transfer Documents”).SellerandBuyershallprovideCompanywithsuchassistanceinconnectionwiththeapplicationforapprovaloftheTransferasCompanymayreasonablyrequest.ThePartiesshallendeavortoobtain,withinninety(90)daysfollowingthedateofsubmissionofsuchTransferDocuments,thenecessaryapprovalsfortheTransferDocumentsfromApprovalAuthoritytopermittheCompanytocarryonitsexistingbusinessactivitiesthroughoutthePRCwithoutlimitationorrestriction,includingwithoutlimitationorrestriction,includingwithoutlimitationreceiptoftheoriginalapprovalcertificateissuedbyApprovalAuthorityapprovingtheequitytransferandtheconversionofCompanyintoawhollyforeignownedenterprise.ThedateonwhichthenecessaryapprovalsfortheTransferhavebeenobtainedfromApprovalAuthorityshallbethe“Transfer4.PRE-CLOSINGCOVENANTS OperationinOrdinaryCourse.Fromthedateofthis AgreementuntiltheClosingDate,SellershallcausetheCompanyto(i)maintainitsbusinessandoperationsinaccordancewithCompany’spastpractices,(ii)continuetomeetitscontractualobligationsincurredintheordinarycourseofbusiness,inaccordancewithpastpractices,(iii)payallofitsobligationsastheymatureintheordinarycourseofbusiness,inaccordancewithpastpractices,(iv)preserve,inaccordancewithpastpractices,itscurrentrelationswithitsexistingemployees,and(v)preserve,inaccordancewithpastpractices,itscurrentrelationswithitssuppliers,customers,distributorsandotherswithwhomithasbusinessrelations.AccesstoCompanyFacilitiesandRecords.(a)SellershallpermitBuyer,andanypersonauthorizedbyBuyer,reasonableaccessduringnormalbusinesshourstoinspecttheoperationsofCompanyandanyrecordsofCompanyanditsassets.(b)InconnectionwiththecontinuingoperationofthebusinessofCompanybetweenthedateofthisAgreementandtheClosing,SellerandCompanyshallprovideanofficeintheCompany’smainfacilityforusebyarepresentativeofBuyer(“Buyer’sRepresentative”).SellerandCompanyshalladvise,onaregularandfrequentbasis,withBuyer’sRepresentativeregarding(i)materialoperationaldevelopments,includingtheenteringintoortheterminationofanymaterialcustomerorvendorcontract,and(ii)thegeneralstatusofongoingoperationsasreasonablyrequestedbyBuyer’sRepresentative.AdditionalInformation.Sellersshall,andshallcauseCompanyto,promptlyprovideBuyerwithallinformationitreasonablyrequestsinrespectofCompany,itsoperationsoritsassets.NoDividendsorDistributions.CompanyshallnotpayanydividendsormakeanyotherdistributionofprofitsorassetstoSeller.5POST-CLOSINGCONVENTS5FromandaftertheClosingDate:(a)Buyershallberesponsibletoapplyto[·]AdministrationforIndustryandCommerceforaneworamendedbusinesslicenseforCompany.SellershallprovideBuyerwithsuchassistanceinconnectionwiththeissuanceoftheneworamendedbusinesslicenseasBuyermayreasonablyrequest.(b)BuyershallcausethatCompanyshall:cificcovenants](c)Buyershallassumealltherights,benefits,obligations,risksandliabilitiesrelatingtotheTransferredShares;(d)PromptlyfollowingtheClosing,BuyershallcausetheCompanytoregistertheNewBoardlistwiththePublicAuthorityintheformdeliveredpursuantSection(d);and(e)EachPartyundertakestosignallsuchadditionaldocumentsandtotakeallsuchadditionalactionsasmayreasonablybenecessarytoimplementthetransferoftheTransferredSharesandtheotherprovisionsofthisAgreement.[InsertNon-competeClauseifAppropriate].6.REPRESENTATIONSANDWARRANTIES;FURTHERASSURANCES RepresentationsandWarrantiesofSellerandCompany. ExceptasotherwisesetforthintheDisclosureSchedule,SellerandCompanyrepresentsandwarrantstoBuyerasofthedatehereofandasoftheClosingDateasthoughmadeontheClosingDate(excepttotheextentsuchrepresentationsandwarrantiesexpresslyrelatetoanearlierdateonly),asfollows: (a)Authorization;Enforceability.(i)Theexecution, deliveryandperformanceofthisAgreementhasbeendulyauthorizedbyallnecessaryactiononthepartofSellerandCompanyand(ii)thisAgreementwillbebindingandenforceableinaccordancewithitsterms(assumingdueexecutionanddeliverybyBuyer),subjecttoapplicablebankruptcy,solvencyandotherlawseffectingcreditors’rightsgenerally.(b)TransferredShares(i)SellerhasnotenteredintoanyagreementsormadeanycommitmentswithanyPersonforthesale,transferorassignmentoftheTransferredShares,otherthanthisAgreement;and(ii)asoftheClosingDate,upontransferoftheTransferredShares,Buyershallhavegoodandmarketabletitlethereto,freeandclearofallliens,charges,encumbrancesandadverseclaims. (c)Organization;PermitsandLicense.Company: (i)isdulyorganizedandvalidlyexistingunderthelawsofthePRC;(ii)hasalllicenses,approvalsandpermitsrequiredtoownitsassetsandcarryonitsbusinessasthesameispresentlycarriedon;(iii)hasconducteditsbusinessandoperationswithinthescopepermittedbyitsbusinesslicense;(iv)hasmadeallfilingsandregistrationswiththePublicAuthoritiesrequiredinrespectofCompanyanditsoperationsunderrelevantpublishedandpubliclyavailablelaws,includingbutnotlimitedtoregistrationswiththe[listnamesofPublicAuthorities];andanyhasnotsincereceivedwrittennoticefromanyPublicAuthorityrevokinganypermitsorlicensesissuedtoitfornoncomplianceortheneedforcomplianceorremedialactionsinrespectoftheactivitiesofCompanywheresuchrevocation,noncomplianceorremedialactionswouldhaveaMaterialAdverseEffectonthebusinessoroperationsofCompanyascurrentlyconducted. (d)Capitalization.TheregisteredcapitalofCompany hasbeenfullypaidup.TheSellerlegallyandbeneficiallyown100%oftheequityinterestintheCompany. (e)FinancialStatements.Companyhasdeliveredtrue, correctandcompletecopiesoftheauditedfinancialstatementsofCompanyfortheyear[·]setforthinScheduleD(“FinancialStatements”).TheFinancialStatementshavebeenpreparedinaccordancewith[Chinesegenerallyacceptedaccountingprinciples][InternationalAccountingPrinciples][InternationalAccountingPrinciplesorStandards],ineachcaseconsistentlyapplied(subjecttousualyear-endadjustmentsinthecaseoftheinterimfinancialstatements),andfairlypresentthefinancialpositionofCompanyandtheresultsofitsoperations,changesintheshareholder’sequityandcashflowsinallmaterialrespectsatthetimesandfortheperiodsindicated.ThefinancialStatementsdonotcontainanyitemsofspecialornonrecurringincomeoranyotherincomenotearnedintheordinarycourseofbusinessspecifiedtherein. (f)OperationofBusinessinOrdinaryCourse.Since (i)Companyhasnot:(A)enteredintoanycontract,commitmentortransactionotherthanintheordinarycourseorbusiness;(B)declared,accrued,setasideorpaidanydividendsormadeanydistributionormadeanydistributionintherespectofitscapitalstocktoanyshareholder,otherthanasdisclosedintheFinancialStatements;(C)increasedthecompensationorotherbenefitspayableortobecomepayableto,orpaidoragreedtopayanybonusorsimilarpaymentto,anyemployee,officer,directororSeller,expectasconsistentwithpastpracticeorasrequiredbyapplicablelaworregulation;(D)purchasedorotherwiseacquiredorleasedorlicensedanyassetthatismaterialtotheoperationtothebusinessoftheCompany,asitiscurrentlyconducted,fromanyotherPerson,otherthanintheordinarycourseofbusiness;(E)soldorotherwisetransferred,leased,licensedorpledgedorhypothecatedanyassetthatismaterialtotheoperationofthebusinessofCompany,asitiscurrentlyconductedtoanyotherPerson,excluding,forclarityandnotbywayoflimitationoftheforegoing,productssoldbyCompanyfromitsinventoryintheordinarycourseofbusiness;(F)madeanyindividualcapitalexpenditure,measuredbyinvoiceamount,inexcessof(G)asofthedateofthisAgreement,writtenoffasuncollectible,orestablishedanyextraordinaryreservewithrespectedto,anyaccountreceivableorotherindebtednessinexcessof[US$xxx](H)madeanyloantoanyotherPersonorassumedorguaranteedanyliabilityofanyotherPerson;(I)changedanyofitsmethodsoftheaccountingoraccountingpracticesinanymaterialrespect;otherthananychangesrequiredtoconformtochangesin[Chinesegenerallyacceptedaccountingprinciples][InternationalAccountingStandards]promulgatedwitheffectafter(J)enteredintoanyagreementsregardinganymergerorconsolidationoforbyCompanywithanyothercorporationoranyacquisitionofalloranypartofthestockequityinterestofanyothercorporationorbusinessorganizationorsubstantiallyallofthebusinessorassetsof,anyotherperson,firm,association,corporationorbusinessorganization;implementedanychangeaffectingthebankingandsafedepositarrangementsorpowersofattorneyorgrantsofagencyineffectforCompany,anynewbankaccountsorsafedepositboxesopenedforCompany;withrespecttoanycontracttowhichCompanyisapartyandwhichismaterialtoCompany’sbusinessoroperationsortowhichanyofCompany’srealpropertyisbound,Companyhasnotfailedtoperformanyofitsobligationsinanymaterialrespect;Companyhasnotclosedanyfacilityorterminatedanyoperations;andAsofthedateofthisAgreement,noemployeeswhoreportdirectlytotheGeneralManagerhaveterminated,orgivenwrittennoticetoCompanyoftheirintenttoterminate,theiremploymentwithCompany.(ii)therehasnotbeen:(A)asofthedateofthisAgreement,anyeventthathashad,orwouldbereasonablylikelytohave,aMaterialAdverseEffectontheoperations,financialperformanceorresultsofoperationsofCompany’sbusinessascurrentlyconducted;or(B)anyloss,damageordestructionto,oranyinterruptionintheuseof,anyoftheCompany’sassets(whetherornotcoveredbyinsurance).(g)RelatedPartyAgreements.Companyisnotapartytoanycontract,commitmentortransaction(includingbywayofloan)withanyofficer,directororselleroranyoftheirrespectiveaffiliatesorassociates,otherthanasdisclosedinthisAgreementortheFinancialstatementsandotherthanemploymentcontractsintheordinarycourseofbusiness.(h)Absenceofliens.Companyownsandhasgoodandmarketabletitle,freeandclearofallliens,chargesandencumbrances,(exceptasdisclosedinthefinancialstatementsandforpermittedliens,andsubjecttotheinterestsoflandlordsandlessorswithrespecttotheleasedrealproperty,leaseholdimprovementsandleasedpersonalpropertyassets),toallassetsusedinbusiness,includingallassetsreflectedonthebalancesheetincludedinthe[date]FinancialStatementsoracquiredbyitafterthedateofsuchbalancesheet,exceptforchangesinsuchassetsintheordinarycourseofbusinesssubsequenttothatdate. (i)TaxMatters. (i)TrueandcompletecopiesofallCompanyincometax,businesstaxandvalueaddedtaxreturnsfiledbyCompanysince[·](“CompanyReturns”)havebeenprovidedtoBuyer;(ii)CompanyhasdeliveredtoBuyertrueandcompletecopiesofallauditreportsfromandafter[·]relatingtoCompanyReturns;iiiSince[·]noextensionorwaiverofthelimitationperiodapplicabletoanyoftheCompanyReturnshasbeengranted(byCompanyoranyotherPerson);(iv)AnytaxrequiredtohavebeenwithheldorcollectedbyCompanyhasbeendulywithheldandcollected,and(totheextentrequired)eachsuchtaxhasbeenpaidtotheappropriatePublicAuthority,excluding(A)anytaxeswithrespecttowhichthevalidityoramountofassessmentisbeingcontestedbyCompanyandforwhichareserveoraccrualisreflectedintheFinancialStatements;(v)AllamountsshownonCompanyReturnsasdueandpayableonorbeforethedatehereofhavebeenpaid;(vi)Noclaimorotherlitigationispendingor,threatenedagainstorwithrespecttoCompany,inrespectofanytax; (j)ConductofBusiness.Company(i)hascompiledwith applicablefilingandregistrationrequirementsinrespectofcorporateorotherdocumentsandlicensesimposedunderrelevantpublishedandpubliclyavailablelaws,an(ii)hasconducteditsbusinessorcorporateaffairsincompliancewiththeArticlesofAssociationandapplicablepublishedandpubliclyavailablelawsandregulations.(k)LitigationandClaims.(i)Atthesince[·],Companyhasnotbeenapartytoanylegalaction,litigationorotherlegalproceeding,andthereisnolegalaction,litigationorotherlegalproceedinginprogress,orthreatenedagainstCompany.Since[·],CompanyhasnotreceivednoticefromanyPublicAuthorityofanyinvestigation,inquiryorenforcementproceedingsorprocess.Thereisnounsatisfiedjudgment,order,arbitrationawardordecisionofanycourt,tribunalorarbitratoragainstCompany.(ii)WithrespecttoanycontracttowhichCompanyisapartyanwhichismaterialtoCompany’sbusinessoroperationsortowhichanyofCompany’srealpropertyisbound,Companyhasnot,atandsince[·],receivedwrittennoticefromtheotherpartyorpartiestheretoterminating,orpurportingtoterminate,suchcontractorallegingorassertingabreachordefaultbyCompanythereunderorofanymaterialclaimstobemadebytheotherpartyorparties.(l)TrueandCorrectCopies.ThecopyoftheArticlesofAssociationsetforthinScheduleBistrueandcorrect; (m)EmployeeandLaborMatters. (i)CompanyhascompliedwithallapplicablePRClawsandregulationsrelatingtotheemploymentofitsemployees,includingwithoutlimitationlawsandregulationspertainingtowelfarefunds,housingfunds,socialbenefits,medicalbenefits,insurance,retirementbenefits,pensionsorthelike.(ii)TheDisclosureScheduleaccuratelysetsforth,withrespecttoeachemployeeofCompany(includinganyemployeeoftheCompanywhoisonaleaveofabsenceoronlayoffstatus):thenameofsuchemployee,thedateasofwhichsuchemployeewasoriginallyhiredbytheCompany;suchemployee’stitle,andeachcurrentbenefitplaninwhichsuchemployeeparticipatesoriseligibletoparticipate.(iii)NoformeremployeeofCompany,orspouseorotherdependentofanysuchformeremployee,isreceivingoriscurrentlyscheduledtoreceiveanybenefits,directlyorindirectly,fromtheCompanyrelatingtosuchformeremployee’semploymentwithCompany.(iv)Companyisnotapartytoorboundbycollectivebargainingagreement.Therehasnotbeen,since[·],anyslowdown,workstoppage,orlabordispute.ThereisnotnowpendingandnoPersonhasthreatenedtocommenceanysuchslowdown,workstoppage,orlabordispute.(v)TheemploymentofeachoftheCompany’semployeesisterminablebytheCompanyatwill,subjecttothegivingofrequisitenoticeperiodandthepaymentofanyapplicableseveranceorredundancypaymentsunderPRClaw.(vi)NoPerson(including,butnolimitedto,PublicAuthorities)hasmadeanyclaimagainstCompanyarisingoutofanylegalrequirementrelatingto(A)unaccruedovertimepay,otherthanovertimepayforthecurrentpayrollperiod,(B)unaccruedwagesorsalaries(excludingwagesorsalariesforthecurrentpayrollperiod),(C)unaccruedvacations,Timoff(orpayinlieuthereof)earnedinrespectofthecurrentfiscalyear,orseverancepay,(D)violationofanylegalrequirementrelatingtominimumwagesormaximumhoursofwork,(E)breachofanyfiduciarydutyofCompanyorofanytrusteeofanyofCompanyplans,(F)equalemploymentopportunitymatters,(G)occupational,safetyand/orhealthstandardsor(H)contractofemployment. (n)Benefitschemes.Company’semployeebenefitschemeset forthinscheduleE,assupplementedbyemploymentcontractssignedbycompanyanditsemployees,relevantprovisionsofanyemployeemanualadoptedbycompanyandrelevantprovisionsofapplicablelaws,rules,regulationsandnoticesbindinguponcompany,setouttheemployeebenefitschemeofcompany.Noothercurrentlyeffectiveplans,schemesoragreementshavebeenadoptedbytheboardorissuedbycompany’sgeneralmanagerinrespectofsuchemployeebenefitscheme.Thefinancialstatementsincludeprovisionsforpotentialclaims,underallpastandpresentemployeebenefitschemes.Companyhasmadeavailabletothebuyercopiesofallemployeemanualsandhandbooksandsummaryplandescriptionsofallemployeesbenefitschemescurrent