ACCEPTANCE BY KEY EMPLOYEE Clause Samples
The "Acceptance by Key Employee" clause requires that a designated key employee formally agrees to the terms of a contract or specific provisions within it. Typically, this clause mandates that the key employee sign an acknowledgment or acceptance form, confirming their understanding and commitment to fulfill certain obligations, such as confidentiality, non-compete, or performance requirements. By ensuring the key employee's explicit consent, this clause helps prevent disputes over whether the individual is bound by critical terms, thereby safeguarding the interests of the employer or contracting party.
ACCEPTANCE BY KEY EMPLOYEE. The undersigned has read and understood, and hereby accepts, the terms, conditions, and obligations and restrictions imposed hereunder, as well as the terms, conditions and limitations of the Plan to which this Agreement is subject and subordinate.
