Agreements with Key Persons Sample Clauses
The "Agreements with Key Persons" clause establishes requirements for entering into formal agreements with individuals who are critical to the success of a project or business, such as founders, executives, or essential employees. Typically, this clause outlines the necessity for these key individuals to sign employment, consulting, or non-compete agreements, and may specify timelines or conditions under which these agreements must be executed. Its core function is to ensure that the involvement and commitments of key personnel are legally documented, thereby reducing the risk of disruption or loss of value if these individuals leave or fail to fulfill their roles.
Agreements with Key Persons. Employment agreements and/or non-competition agreements (in a form acceptable to Buyer) shall be executed with certain key owners, managers or employees (the “Key Persons”) of Seller, which such Key Persons shall be set forth in Schedule 5.7.
Agreements with Key Persons. Employment agreements and/or non-competition agreements (in a form acceptable to Buyer) shall be executed with certain key owners, managers or employees (the “Key Persons”) of ZoneCare, which such Key Persons are set forth in Schedule 5.6.
Agreements with Key Persons. Prior to the Effective Date, the parties listed in Exhibit I-2 and their assignors shall enter into Consulting Agreements with HMC and Subsidiary in the form of Exhibit S hereto.