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Orcas And Its Effects On Human Resources

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Federal government websites often end in. The site is secure. As provided under the legislation, the U. Department of Labor will be issuing implementing regulations. Additionally, as warranted, the Department will continue to provide compliance assistance to employers and employees on their responsibilities and rights under the FFCRA. Typically, a corporation including its separate establishments or divisions is considered to be a single employer and its employees must each be counted towards the employee threshold. If two entities are found to be joint employers, all of their common employees must be counted in determining whether paid sick leave must be provided under the Emergency Paid Sick Leave Act and expanded family and medical leave must be provided under the Emergency Family and Medical Leave Expansion Act. If two entities are an integrated employer under the FMLA, then employees of all entities making up the integrated employer will be counted in determining employer coverage for purposes of paid sick leave under the Emergency Paid Sick Leave Act and expanded family and medical leave under the Emergency Family and Medical Leave Expansion Act. Orcas And Its Effects On Human Resources.

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A, ORC. The Board of Directors of the Corporation is pleased to announce the approval of a dividend policy Oras paying quarterly dividends to Orcas And Its Effects On Human Resources of Class A Shares and Class B Shares. Dividends will normally be declared when i click here by the Board of Directors on a quarterly basis, and ii confirmed by the Company's Chief Financial Officer, or other person authorized by the Board of Directors for such purposes, when paid.

The Board of Directors is currently evaluating the payment of special Efgects and share repurchase programs for cancellation as part of its capital strategy taking into account capital requirements for the value maximization of the Songo Songo Production Sharing Agreement the " Songo Songo PSA ". Orca is an international public company engaged in natural gas exploration, development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Limited. A and ORC. There are many factors that could affect the Company's future performance and industry in which it and its subsidiaries and affiliates operate and therefore its ability to pay dividends in the future.

Orcas And Its Effects On Human Resources

The Company is a holding company, and its subsidiaries and affiliates own all It its assets and conduct all of its operations. Accordingly, Orca's ability to declare and pay dividends will be dependent on the generation of cash flow by the Company's subsidiaries and their ability to make such cash available to Orca, by dividend, debt repayment or otherwise. The Company's subsidiaries and affiliates may not be able to, or may not be permitted to, make distributions to enable the Company to make payments in respect of dividends. Each subsidiary and affiliate Resourrces a distinct legal entity and, under certain circumstances, legal and contractual restrictions may limit the Company's ability to obtain cash from our subsidiaries and affiliates. The terms of outstanding loan agreements and local laws limit the ability of the Company's subsidiaries to pay dividends and distribute funds to the parent companies. If the Company does not receive distributions from its subsidiaries, it may be unable to pay dividends.

Further, any decision to pay further dividends on the Class A Shares and Class B Shares will be subject to the discretion of the Board of Directors and may depend on a variety of factors, Orcas And Its Effects On Human Resources the Company's earnings, financial position, financial requirements and other conditions existing at such future time including, without limitation, satisfaction of the solvency tests imposed on the Company under applicable corporate law.

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The actual amount, the declaration date, the record date and the payment date of any dividend are subject to the discretion of the Board of Directors. Before making an investment decision related to Orca, readers should consider and read carefully all of the risks and uncertainties described in the Company's material change report dated January 24,those described herein, and Orca's other disclosure documents and any reports, statements or other information that Orca files with the securities regulatory authorities in each of the provinces of Canada, copies of which can be accessed on our website at www. Certain information regarding Orca set forth in this press release contains forward-looking statements that involve substantial known and unknown risks and uncertainties. The learn more here of any of the words "plan", "expect", "prospective", "project", "intend", "believe", "should", "anticipate", "estimate" or other similar words, or statements that certain events or conditions "may" or "will" occur are intended to identify forward-looking Orcas And Its Effects On Human Resources.

These statements are only predictions and actual events or results may differ materially.

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Although the Company's management believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievement since such expectations are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.

Many factors could cause Orca's actual results to differ Orcass from those expressed or implied in any forward-looking statements made by, or on behalf of, Orca. Forward-looking statements in this press release include statements regarding Orca's dividend policy and the Company's capital strategy, including value maximization of the Songo Songo PSA and returns of capital.

These forward-looking statements are subject to numerous risks and uncertainties, including but not limited to risks and uncertainties regarding or associated with:.

Orcas And Its Effects On Human Resources

Orca's future control over its licence areas and facilities, including its status as operator thereof, and the timing and extent of costs in association therewith. Orca's controlling shareholder and its control over key decision making as a result of its control of a majority of the voting rights attached to Orca's issued and outstanding securities. Orca's status as a holding company that's ability to declare and pay dividends and purchase its own securities is dependent Orcas And Its Effects On Human Resources the receipt of funds from Orca's subsidiaries by way of dividends, fees, interest, loans or otherwise. Depending on these and other factors, many of which will link beyond the control of Orca, the dividend policy of Orca may change from time to time and, as a result, future cash dividends could be reduced or suspended entirely.

Readers are cautioned that the foregoing list of factors is not exhaustive. Although the forward-looking statements contained in this press release are based upon assumptions which management believes to be reasonable, Orca cannot assure investors that actual results will be consistent with these click statements.

Orcas And Its Effects On Human Resources

Readers are cautioned not to place undue reliance on forward-looking statements included in this press release, as there can be no assurance that the plans, Orcs or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur. There are a number of assumptions click here with the development of Orca's assets, including continued performance of existing wells, future drilling programs and performance from new wells, the growth of infrastructure, well density per section, recovery factors and development necessary that involves known and unknown risks and uncertainties, including those risks identified in this press release.]

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