Common use of Preservation of Personnel Clause in Contracts

Preservation of Personnel. Use all reasonable efforts to preserve intact the business organization of each Company and keep available the services of the present employees of each Company, in each case in accordance with past practice, it being understood that the termination of employees with poor performance ratings shall not constitute a violation of this covenant;

Appears in 4 contracts

Samples: Share Purchase Agreement (Thermo Bioanalysis Corp /De), Share Purchase Agreement (Thermo Bioanalysis Corp /De), Share Purchase Agreement (Thermo Optek Corp)

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Preservation of Personnel. Use all reasonable efforts to preserve intact the business organization of each the Company and keep available the services of the present employees of each the Company, in each case in accordance with past practice, it being understood that the termination of employees with poor performance ratings shall not constitute a violation of this covenant;

Appears in 3 contracts

Samples: Share Purchase Agreement (Thermospectra Corp), Share Purchase Agreement (Thermo Bioanalysis Corp /De), Share Purchase Agreement (Thermo Bioanalysis Corp /De)

Preservation of Personnel. Use all reasonable efforts to preserve intact the their business organization of each Company organizations and keep available the services of the present employees of each Companyemployees, in each case in accordance with past practice, it being understood that the termination of employees with poor performance ratings shall not constitute a violation of this covenant;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Autocyte Inc), Agreement and Plan of Merger (Neopath Inc), Agreement and Plan of Merger (Pacific Pharmaceuticals Inc)

Preservation of Personnel. Use all reasonable commercial ------------------------- efforts to preserve intact the its business organization of each Company and keep available the services of the present employees of each Companyemployees, in each case in accordance with past practice, it being understood that the termination of employees with poor performance ratings shall not constitute a violation of this covenant;

Appears in 2 contracts

Samples: Agreement and Plan of Merger (CMG Information Services Inc), Stock Purchase Agreement (Engage Technologies Inc)

Preservation of Personnel. Use all reasonable efforts to preserve intact the its business organization of each Company and keep available the services of the its present employees of each Companyemployees, in each case in accordance with past practice, it being understood that the termination of employees with poor performance ratings shall not constitute a violation of this covenant;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alkermes Inc)

Preservation of Personnel. Use all reasonable efforts to preserve intact the its business organization of each Company and keep available the services of the present employees of each Company, in each case in accordance with past practiceand consultants, it being understood that the termination of employees with poor performance ratings shall not constitute a violation of this covenant;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Helix Technology Corp)

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Preservation of Personnel. Use all reasonable efforts to preserve intact the business organization of each Company the Companies and keep available the services of the present employees of each Companythe Companies, in each case in accordance with past practice, it being understood that the termination of employees with poor performance ratings shall not constitute a violation of this covenant;

Appears in 1 contract

Samples: Share Purchase Agreement (Thermo Optek Corp)

Preservation of Personnel. Use all reasonable efforts to preserve intact the its business organization of each Company and keep available the services of the present employees of each Companyemployees, in each case in accordance with past practice, it being understood that the termination of employees with poor performance ratings shall not constitute a violation of this covenant;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Galileo Corp)

Preservation of Personnel. Use all reasonable efforts to preserve intact the their business organization of each Company organizations and keep available the services of the present employees of each Companyemployees, in each case in accordance with past practice, it being understood that the termination of employees with poor performance ratings shall not constitute a violation of this covenant;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Stone & Webster Inc)

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