Common use of Preservation of Personnel Clause in Contracts

Preservation of Personnel. Except for actions taken in the ordinary course of business consistent with past practices, use commercially reasonable efforts to preserve intact and keep available the services of present employees of the Company and the Company Subsidiaries;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Vnus Medical Technologies Inc), Agreement and Plan of Merger (Covidien PLC), Agreement and Plan of Merger (Covidien Group S.a.r.l.)

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Preservation of Personnel. Except for actions taken in the ordinary course Ordinary Course of business consistent with past practicesBusiness, use commercially reasonable efforts to preserve intact and keep available the services of present employees of the Company and the Company its Subsidiaries;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Aspect Medical Systems Inc), Agreement and Plan of Merger (Aspect Medical Systems Inc), Agreement and Plan of Merger (Covidien PLC)

Preservation of Personnel. Except for actions taken in the ordinary course of business consistent with past practices, use commercially Use reasonable commercial efforts to preserve intact and keep available the services of present employees of the Company and the Company Subsidiaries;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Narrowstep Inc), Agreement and Plan of Merger (Onstream Media CORP), Agreement and Plan of Merger (Antigenics Inc /De/)

Preservation of Personnel. Except for actions taken in the ordinary course of business consistent with past practicespractice, use commercially reasonable efforts to preserve intact and keep available the services of present key employees of the Company and the Company Subsidiaries;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Covidien PLC), Agreement and Plan of Merger (Covidien Delaware Corp.), Agreement and Plan of Merger (Power Medical Interventions, Inc.)

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Preservation of Personnel. Except for actions taken in the ordinary course of business consistent with past practices, use commercially Use reasonable commercial efforts to preserve intact its business organization and keep available the services of present employees of the Company and the Company Subsidiaries;employees, in each case in accordance with past practice.

Appears in 1 contract

Samples: Merger Agreement (Ascential Software Corp)

Preservation of Personnel. Except for actions taken in the ordinary course of business Use reasonable commercial efforts consistent with the Company’s past practices, use commercially reasonable efforts practices to preserve intact its Business organization and keep available the services of present employees of the Company and the Company Subsidiaries;employees, in each case in accordance with past practice.

Appears in 1 contract

Samples: Purchase Agreement (Banks.com, Inc.)

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