Minimum Number of Employees. Caesars Virginia agrees to employ a minimum number of employees, based on current labor models, either as employees or as independent contractors, during the development stage of the Project and upon Final Completion of the Project. During the development stage (based on a two-year development period), it is expected that a minimum of 900 individuals on an annualized basis will perform work related to the development of the Xxxxxxxxxxx Property and construction of the Project. Upon Final Completion, Caesars Virginia aims to employ one thousand three hundred (1,300) (but not less than nine hundred (900)) full-time equivalent (FTE) employees on an annualized basis, toward which figure shall be counted any individuals employed in conjunction with the Project by the regional and/or local culinary expert (as described in Section 3(b) above) provided that the wage floor and benefits requirements (set forth in Section 3(h) below) are satisfied with respect to such employees. In the event of a partial or total shutdown of the Project as a result of a natural disaster, pandemic, endemic, or other emergency situation, Caesars Virginia shall not be required to meet the commitments contained in this subsection for any such year in which a partial or total shutdown of the Project occurs. Caesars Virginia will also use its Commercially Reasonable Efforts to recruit such candidates for employment with a commitment to training, development and retention of same and to host multiple job fairs in the community.
Minimum Number of Employees. The Owner shall use its commercially reasonable best efforts to meet direct hiring job goals of a minimum of 1,300 employees (minimum 953 full-time jobs (i.e., working at least 35 hours per week) and 347 part time jobs) at the Project upon Final Completion, and thereafter to provide meaningful Project employment opportunities necessary to sustain prudent business operations in accordance with revenues. The employment totals do not include the approximately 200 employees of onsite third party companies operating a business at the Project. In the event of a partial or total shutdown of the Project as a result of an event of Force Majeure, Owner shall not be required to meet the commitments contained in this subsection for any such period in which a partial or total shutdown of the Project occurs.
Minimum Number of Employees. (i) Not less than 75% of all auctioneers listed on Schedule 6.02(j)(A) and 80% of all sales representatives listed on Schedule 6.02(j)(B), shall have accepted the Purchaser's offer of employment pursuant to Section 5.06(a), (ii) Robexx Xxxxxxx, Xxeg Xxxxx, Xxotx Xxxxx, Xxchxxx Xxxx xxx Gary Xxxxxxx, xxall have accepted such offer of employment, as evidenced, in each case, by such Employees having executed the Purchaser's employment agreement in substantially the form attached as Exhibit G hereto (the effectiveness of which shall be conditioned upon the consummation of the Closing). Neither the failure of any of the persons referenced in clause (ii) in this Section 6.02(j) to pass any of the drug or medical exams under the terms of such person's employment agreement with the Purchaser, nor the death or disability of any such person prior to the Closing Date shall cause the Sellers to fail to meet the conditions set forth in this Section 6.02(j), which persons shall be treated as though they accepted employment hereunder.
