Common use of BACKGROUND FACTS Clause in Contracts

BACKGROUND FACTS. A. The Company wishes to continue to employ Executive as its Chief Executive Officer (the “Position”); and B. Executive wishes to continue his employment relationship with the Company; and C. OneWater Marine Inc., a Delaware corporation, (“OWM Public”) is traded on NASDAQ and holds as its only asset a significant equity interest in the Company and will benefit from this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (OneWater Marine Inc.), Employment Agreement (OneWater Marine Inc.)

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BACKGROUND FACTS. A. The Company wishes to continue to employ Executive as its Chief Executive Financial Officer (the “Position”); and B. Executive wishes to continue his employment relationship with the Company; and C. OneWater Marine Inc., a Delaware corporation, (“OWM Public”) is traded on NASDAQ and holds as its only asset a significant equity interest in the Company and will benefit from this Agreement.

Appears in 2 contracts

Samples: Separation Agreement (OneWater Marine Inc.), Separation Agreement (OneWater Marine Inc.)

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BACKGROUND FACTS. A. The Company wishes to continue to employ Executive as its President and Chief Executive Operating Officer (the “Position”); and B. Executive wishes to continue his employment relationship with the Company; and C. OneWater Marine Inc., a Delaware corporation, (“OWM Public”) is traded on NASDAQ and holds as its only asset a significant equity interest in the Company and will benefit from this Agreement.

Appears in 1 contract

Samples: Employment Agreement (OneWater Marine Inc.)

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