DEPENDENCE UPON KEY PERSONNEL Sample Clauses

DEPENDENCE UPON KEY PERSONNEL. The Company's future success depends to a significant degree upon the continued service of key technical and senior management personnel, including Paul X. Xxxxx, xxe President of the Company, none of whom is bound by an employment agreement or covered by an insurance policy of which the Company is the beneficiary. The Company's future success also depends on its continuing ability to attract, retain and motivate highly qualified technical, managerial and sales personnel. The inability to retain or attract qualified personnel could have a material adverse effect upon the Company's business, financial condition and results of operations.
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DEPENDENCE UPON KEY PERSONNEL. The Company will be substantially dependent upon the individuals who comprise current management and other key personnel of the Company. As compared to many other companies, the Company does not have a depth of managerial and technical personnel. Accordingly, there is a greater likelihood that loss of the services of any of these persons would also have a material adverse impact upon the Company. The Company believes that its future success will also depend in large part on its ability to attract and retain highly skilled management. Competition for such personnel is intense, and there can be no assurance that the Company will be successful in attracting or retaining such personnel. Failure to attract and retain such personnel could have a material adverse effect on the Company’s operations and its financial condition.
Sample 1
DEPENDENCE UPON KEY PERSONNEL. The Corporation's ability to continue to develop new products, to market its products and to establish and maintain a competitive position will depend in part upon its ability to attract and retain qualified management, technical and sales personnel. Competition for such personnel is intense, and no assurance can be given that the Corporation will be able to attract and retain such personnel.
Sample 1
DEPENDENCE UPON KEY PERSONNEL. The continued service of the Company’s management team and in particular, Dxxxx Xxxxxx, is deemed essential to the Company and the unavailability of Mx. Xxxxxx or any other key member of management could have a material adverse effect upon the continuing business operation of the Company. Risks Associated with New Media: New media businesses, particularly businesses which, like the Company, rely on Consumer and advertising spending are often affected by changes in consumer tastes, national, regional and local economic conditions, demographic trends, the cost and availability of labor, purchasing power, and cyclical changes in the availability of creative talent. If the Company is not able to successfully adapt to such changing trends, there will be a material adverse effect on the Company’s business, financial condition and results of operations.
Sample 1
DEPENDENCE UPON KEY PERSONNEL. The success of the Company's operations during the foreseeable future will depend largely upon the continued services of Xxxxxx Xxxxxxxx, the Company's Chairman and Chief Executive Officer. Xx. Xxxxxxxx has entered into an employment agreement with the Company that contains non-competition covenants that extend for a period of up to 18 months following termination of employment.
Sample 1
DEPENDENCE UPON KEY PERSONNEL. As compared to many other companies, the General Partner does not have a depth of managerial and technical personnel. The General Partner will be substantially dependent upon the individuals who comprise current management and other key personnel of the General Partner, including the expertise and abilities of Kxxxx Xxxxxxx, Fxxx X. Xxxxx, Exxx Xxx Xxxx, Jxxx Xxxx and Dxxxxx Xxxxxx. Accordingly, there is a greater likelihood that loss of the services of any of these persons would also have a material adverse impact upon the General Partner. The General Partner believes that its future success will also depend in large part on its ability to attract and retain highly skilled management. Competition for such personnel is intense, and there can be no assurance that the General Partner will be successful in attracting or retaining such personnel. Failure to attract and retain such personnel could have a material adverse effect on the General Partner’s operations and its financial condition.
Sample 1
DEPENDENCE UPON KEY PERSONNEL. The success of the Company will be largely dependent upon the personal efforts of certain personnel. Competition for qualified employees is intense, and the loss of key personnel or the inability to attract and retain the additional highly skilled employees required for the Company's activities could adversely affect its business. There can be no assurance that the Company will be able to hire or retain such necessary personnel.
Sample 1
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DEPENDENCE UPON KEY PERSONNEL. The Company is dependent upon key personnel as described in the Offering Memorandum to manage the affairs of the Company and achieve its business objectives.
Sample 1

Related to DEPENDENCE UPON KEY PERSONNEL

  • Key Employees The Adviser is not aware that (i) any of its executives, key employees or significant group of employees plans to terminate employment with the Adviser or (ii) any such executive or key employee is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreement that would be violated by either the Adviser’s present or proposed business activities, except, in each case, as would not reasonably be expected, individually or in the aggregate, to have an Adviser Material Adverse Effect.

  • Affected Employees The Employer shall first determine by job classification the number of employees or FTEs to be affected by the layoff. The least senior employee within the affected job classification shall be selected for layoff. The exception would be only when the Employer determines that the position requires unique qualifications and abilities necessary to perform the specialized and required functions of that position, which would then become an overriding factor.

  • Non-U.S. Employees If the Executive is a foreign national, located outside the United States, not compensated from a payroll maintained in the United States, or otherwise subject to (or could cause the Company to be subject to) legal or regulatory provisions of countries or jurisdictions outside the United States, the Committee may apply or interpret the terms and conditions of this Award in a manner that, in the Committee’s judgment, may be necessary or desirable to comply with such legal or regulatory provisions.

  • Access to Employees Staff representatives of the Union shall be allowed to visit work areas of employees during working hours and confer on conditions of employment to the extent that such visitations do not disrupt the work activities of the area being visited. Prior to entering the work area, the representative shall receive permission from the appropriate department head or his/her designee stating the reason(s) for such visitations. Permission shall not be unreasonably denied.

  • Health Plans The health plans offered and benefits provided by those plans shall be those approved by the City's JLMBC and administered by the Personnel Department in accordance with LAAC Section 4.

  • Company Employees Each Party shall not, directly or indirectly solicit for employment, any employee of the other Party who has been directly involved in the performance of this Agreement during the Term and for one year after the earlier of the termination or expiration of this Agreement or the termination of such individual's employment, with the other Party. It shall not be a violation of this provision if any employee responds to a Party's general advertisement of an open position.

  • Termination of Employees Agent may in its discretion stop using any Retained Employee at any time during the Sale, subject to the conditions provided for herein. In the event that Agent desires to cease using any Retained Employee, Agent shall notify Merchant at least seven (7) days prior thereto, so that Merchant may coordinate the termination of such employee; provided, however, that, in the event that Agent determines to cease using an employee “for cause” (which shall consist of dishonesty, fraud or breach of employee duties), the seven (7) day notice period shall not apply, provided further, however, that Agent shall immediately notify Merchant of the basis for such “cause” so that Merchant can arrange for termination of such employee. From and after the date of this Agreement and until the Sale Termination Date, Merchant shall not transfer or dismiss Retained Employees except “for cause” without Agent’s prior consent. Notwithstanding the foregoing, Agent shall not have the right to terminate the actual employment of any Retained Employee, but rather may only cease using such employee in the Sale and paying any Expenses with respect to such employee.

  • Retirees The Parties and the Crown agree to meet for the purpose of transitioning retirees currently in board-run benefits plans into a segregated plan administered by the OECTA ELHT via an amendment to the Trust Agreement, based on the following:

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