Execution of Employment Agreements. The employment agreements of Xxxxxxx de xx Xxxx, Xxxx Xxx, Xxxxx Serviant and Xxxxx Xxxxx shall have been validly entered into by the parties thereto (substantially in the form attached hereto as Annex 6.2(i), and subject to compliance with the Requirements of Law).
Execution of Employment Agreements. Buyer and/or one of its Affiliates, on the one hand, and each of Xxx Xxxxxx, Xxxx Xxxxxxxx and Xxxxxxx Xxxxxxxx, on the other, shall have executed and delivered employment agreements substantially in the forms annexed hereto as Exhibit L hereto.
Execution of Employment Agreements. On or before the Closing Date, Xxxxxx Xxxxx, Xxxxxx Xxxxx and Xxxxx Xxxxxxx shall have entered into Employment Agreements with Target in a form approved by the signatories thereto and Merchant. The employment agreement for Xx. Xxxxx will include the grant of options to purchase 1,000,000 shares of Merchant's Common Stock, exercisable at a price of $5.875 per share, with 200,000 of such options to vest immediately and remaining 800,000 options to vest at a rate of 25% of the option shares annually on the anniversary of each of the four years commencing from the date of such agreement. The employment agreement for Xx. Xxxxx will include the grant of options to purchase 80,000 shares of Merchant's Common Stock, exercisable at a price of $5.875 per share, with 20,000 of such options to vest immediately and remaining 60,000 options to vest at a rate of 25% of the option shares annually on the anniversary of each of the four years commencing from the date of such agreement. The employment agreement for Xx. Xxxxxxx will include the grant of options to purchase 30,000 shares of Merchant's Common Stock, exercisable at a price of $5.875 per share, to vest at a rate of 20% of the option shares annually on the anniversary of each of the five years commencing from the date of such agreement.
Execution of Employment Agreements. On or before the Closing Date, Xxx Xxxxxxxxx, Xxxxxxx Xxxx and Xxxx Ice shall have entered into Employment Agreements with Target in the form of Exhibit 6.6 hereto.
Execution of Employment Agreements. Each Key Personnel of the Company shall have entered into an employment agreement with TheMaven effective as of the Closing, on terms and conditions mutually agreeable to TheMaven and such respective Key Personnel.
Execution of Employment Agreements. Each of the Named Executives shall execute and deliver an employment agreement as of the date hereof, in substantially the forms attached hereto as Exhibit D (the "Employment Agreements"), which Employment Agreements shall become effective as of the Closing Date.
Execution of Employment Agreements. Each Management Shareholder and the Company shall have executed and delivered his Employment Agreement attached as Exhibit C to this Agreement prior to Closing.
Execution of Employment Agreements. Effective as of the Effective Time, the Bank shall have entered into employment agreements with the Calnet officers set forth on Schedule 6.16 of CCBI’s Disclosure Schedule, the forms of which are attached to Schedule 6.16 of CCBI’s Disclosure Schedule and are acceptable to the named officers and to CCBI.
Execution of Employment Agreements. Section 7.9 of the Merger Agreement is hereby restated to read as follows:
Execution of Employment Agreements. The Company shall have executed ---------------------------------- new employment agreements on terms and conditions reasonably acceptable to Gold and Sub with Xxxxx X. Xxxxx, Xx., Xxxxxx X. Siemens, Xxxxxxxxx X. Xxxxx and Xxxxxx X. Xxxxx. Such agreements shall be effective from and after the Effective Time.
