Executed Employment Agreements Sample Clauses
The 'Executed Employment Agreements' clause confirms that all employment contracts referenced or required under the agreement have been properly signed and are legally binding. In practice, this clause ensures that any key employees or executives whose continued employment is material to the transaction have formalized their commitments, often as a condition to closing a deal. Its core function is to provide assurance to the parties—typically the buyer in a transaction—that essential personnel will remain with the company, thereby reducing the risk of disruption or loss of value post-closing.
Executed Employment Agreements. Opinion of Seller's counsel referred to in Section 4.1.13.
Executed Employment Agreements. Opinion of Purchaser's counsel referred to in Section 4.2.5.
Executed Employment Agreements. Each of L. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇ (the “Key Employees”) shall have executed and delivered to Parent their respective Employment Agreements.
Executed Employment Agreements a copy of the resolutions of the Board of Directors of Contributor authorizing the execution, delivery and performance of this Agreement, the Service Agreement, the Employment Agreements and all related documents and agreements each certified by the Secretary as being true and correct copies of the original thereof;
Executed Employment Agreements. Buyer shall have received duly executed employment agreements between the Company and certain individuals and containing terms and conditions, all of which shall be satisfactory to Buyer.