Common use of Key Man Insurance Clause in Contracts

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employees.

Appears in 31 contracts

Samples: Securities Purchase Agreement (Daniels Corporate Advisory Company, Inc.), Securities Purchase Agreement (Daniels Corporate Advisory Company, Inc.), Securities Purchase Agreement (MotivNation, Inc.)

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Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesof the Company’s officers and division heads.

Appears in 18 contracts

Samples: Securities Purchase Agreement (Banyan Corp /Or/), Securities Purchase Agreement (Us Wireless Online Inc), Securities Purchase Agreement (Banyan Corp /Or/)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesof the Company's officers and division heads.

Appears in 17 contracts

Samples: Securities Purchase Agreement (Banyan Corp /Or/), Securities Purchase Agreement (Modern Technology Corp), Securities Purchase Agreement (Stronghold Technologies Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all of the Company's key executive employeesofficers.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Skylynx Communications Inc), Securities Purchase Agreement (Paradigm Medical Industries Inc), Securities Purchase Agreement (Paradigm Medical Industries Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all of the Company’s key executive employeesofficers.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Admiralty Holding Co), Securities Purchase Agreement (Admiralty Holding Co), Securities Purchase Agreement (Admiralty Holding Co)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesGxxxxx Xxxxxx and Mxxxxxx Xxxxxx.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Reclamation Consulting & Applications Inc), Securities Purchase Agreement (Reclamation Consulting & Applications Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesXxxxxxx X. Xxxxxxxx and Xxxxx Xxxxx.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Cyber Defense Systems Inc), Securities Purchase Agreement (Cyber Defense Systems Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesXxxxxxx Xxxxxxx.

Appears in 2 contracts

Samples: Securities Purchase Agreement (ACI Global CORP), Securities Purchase Agreement (Grant Life Sciences, Inc.)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesXxxxxx Xxxxxxxxx.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Michelex Corp), Securities Purchase Agreement (Michelex Corp)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesits CEO, Xxxxx Xxxxxxxx.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Textechnologies, Inc.), Securities Purchase Agreement (Textechnologies, Inc.)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesXxxx Xxxxxxxx.

Appears in 1 contract

Samples: Securities Purchase Agreement (Innofone Com Inc)

Key Man Insurance. The Company shall use its best efforts ----------------- to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesof the Company's officers and division heads.

Appears in 1 contract

Samples: Securities Purchase Agreement (Epicus Communications Group Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesWxxxxxx X. Xxxxxxxx and Jxxxx Xxxxx.

Appears in 1 contract

Samples: Securities Purchase Agreement (Cyber Defense Systems Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesits CEO, Xxxxx Xxxxx, and its COO, Xxx Xxxxxxx.

Appears in 1 contract

Samples: Securities Purchase Agreement (Solar Night Industries, Inc.)

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Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesXxxxxx Xxxxxxx.

Appears in 1 contract

Samples: Securities Purchase Agreement (Msgi Security Solutions, Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five fifteen (515) business days from the date hereof, key man life insurance on all of the Company’s key executive employeesofficers.

Appears in 1 contract

Samples: Securities Purchase Agreement (Positron Corp)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesDx. Xxxx X. Whitney.

Appears in 1 contract

Samples: Securities Purchase Agreement (Itronics Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesXxxxx Xxxxxxx.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sti Group Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesinsurance.

Appears in 1 contract

Samples: Securities Purchase Agreement (Air Brook Airport Express Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employees.Carl M.

Appears in 1 contract

Samples: Securities Purchase Agreement (SBD International, Inc)

Key Man Insurance. The Company shall use its best efforts to obtain, on or before five twenty (520) business days from the date hereof, key man life insurance on all key executive employees.

Appears in 1 contract

Samples: Securities Purchase Agreement (Emta Holding)

Key Man Insurance. The Company shall use its ----------------- best efforts to obtain, on or before five (5) business days from the date hereof, key man life insurance on all key executive employeesof the Company's officers and division heads.

Appears in 1 contract

Samples: Securities Purchase Agreement (Med Gen Inc)

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