Independent Contractor Agreements. At the Closing, Purchaser and the Independent Land Developers shall enter into the independent contractor agreements in the forms of Exhibit C-1 and C-2 attached hereto (the “Independent Contractor Agreements”).
Independent Contractor Agreements. Liberty shall obtain and maintain in effect written agreements with each of its independent contractors who participate in any of Liberty's work under this Agreement sufficient to support all grants and assignments of rights and ownership in this Article 4.
Independent Contractor Agreements. The Vendor agrees to obtain the consent of each of the Parties to each of the Independent Contractor Agreements to consent to the assignment of their respective Independent Contractor Agreements to the Purchaser on Closing and to assign each Independent Contractor Agreement to the Purchaser at Closing, as contemplated by section 8.5.
Independent Contractor Agreements. At Closing, LEC shall enter into independent contractor agreements (collectively, the “I/C Agreements”) with the LEC Entities management, namely Xxx Xxxxxx and Xxxxxx Xxxx (the “LEC Management”), pursuant to which, in addition to the other terms of the I/C Agreements, the LEC Management will receive a total of Three Hundred Thousand (300,000) shares of GACR’s Series A Convertible Preferred Stock (150,000 shares each). These Series A Preferred shares are to be issued to Xx. Xxxxxx and Xx. Xxxx in exchange for their agreement not to compete with GACR or the LEC Entities during the term of the I/C Agreements, or for three (3) years in the event the terms of the I/C Agreements are less than three (3) years. If LEC Management competes with GACR or the LEC Entities in the next three (3) years then all the Series A Preferred shares will be forfeit by LEC Management back to GACR. If LEC Management resigns from LEC, or if LEC Management is terminated “for cause”, as defined in the I/C Agreements, prior to three (3) years after Closing, then LEC Management will forfeit a pro rata amount of the Series A Preferred shares back to GACR based on the amount of time they worked for LEC versus what is left of the three (3) year forfeiture period (for example, if they work for LEC for two years they will be entitled to keep 66% of the Series A Preferred Shares – unless they compete with GACR or the LEC Entities during the three (3) period, in which case all Series A Preferred Shares must be returned to GACR). The Certificate of Designation for GACR’s Series A Convertible Preferred Stock is attached hereto as Exhibit D.”
Independent Contractor Agreements. Contracts with independent contractors or consultants that are not cancelable without more than 30 days’ notice or without severance pay or other penalty that could obligate the Company to pay more than $100,000;
Independent Contractor Agreements. Following the Closing, the Vendors’ Representative shall use reasonable efforts to cause the Retained Independent Contractors to enter into the Independent Contractor Agreements.
Independent Contractor Agreements. Fully executed Independent Contractor Agreements in the form of Exhibit 8.9.4 from the persons named in Schedule 8.9.4.
Independent Contractor Agreements. Practice and each PA shall enter into the appropriate Independent Contractor Agreement.
Independent Contractor Agreements. SunSi acknowledges and agrees that TPE is a party to respective “at-will” Independent Contractor Agreements dated September 2, 2008 with ACME Energy, Inc. and Xxxx X. Xxxxxx, Esq. SunSi agrees that TPE may amend these agreements to provide for a term of five years, subject to standard termination rights for TPE upon breach by the respective service provider.
Independent Contractor Agreements. The Buyer shall have received duly executed copies of each Independent Contractor Agreement.
