Xxxxxxxxx Employment Agreements Sample Clauses

Xxxxxxxxx Employment Agreements. At the Closing, Xxxxxxxxx and each of Xxxxxxx Xxxx ("Xxxx") and Xxxxxx Xxxxxx ("Xxxxxx") shall enter into an Employment And Nonsolicitation Agreement substantially in the form attached to and made a part of this Agreement as Exhibit A (the "Employment And Nonsolicitation Agreement"). All material provisions of the Employment And Nonsolicitation Agreements executed by Xxxxxxxxx, Xxxx and Xxxxxx, except for provisions related to specific business activities of Xx. Xxxx and/or Xx. Xxxxxx, shall be substantially similar to the employment agreements previously executed by Xxxxxxxxx and each of Messrs. Xxxxxxx Xxxxx and Xxxxxxxxxxx Xxxxxxx, which agreements are attached to this Agreement as Exhibit B and which provide, among other things, that (i) payment to Messrs. Xxxx and Xxxxxx by Xxxxxxxxx shall be deferred until such time as funds become available to Xxxxxxxxx which, in Xxxxxxxxx'x sole discretion, are sufficient to provide for payment to Xxxxxxxxx'x employees without jeopardizing Xxxxxxxxx'x ongoing operations, and (ii)
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Related to Xxxxxxxxx Employment Agreements

  • Employment Agreements Each of the persons listed on Schedule 9.12 shall have been afforded the opportunity to enter into an employment agreement substantially in the form of Annex VIII hereto.

  • Prior Employment Agreement Effective as of the Agreement Date, this Agreement supersedes any prior employment agreement between the Employee and the Company.

  • Prior Employment Agreements The Executive represents that he/she has not executed any agreement with any previous employer which may impose restrictions on Executive’s employment with the Employer.

  • Compensation; Employment Agreements 16 5.15 Noncompetition, Confidentiality and Nonsolicitation Agreements; Employee Policies...... 16 5.16

  • Termination of Employment Agreements Any and all Employment Agreements entered into between the Company or any of its Subsidiaries and the Executive prior to the date of this Agreement are hereby terminated.

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any of its directors, officers or employees or those of its subsidiaries or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (1) for normal individual increases in compensation to employees (other than executive officers or directors) in the ordinary course of business consistent with past practice, (2) for other changes that are required by applicable law and (3) to satisfy Previously Disclosed contractual obligations.

  • Effect on Employment Agreement Except as specifically amended in the manner and to the extent provided in Section 1 above, the Employment Agreement shall remain unchanged and the Employment Agreement shall continue, as and to the extent amended by this Amendment, in full force and effect.

  • of the Employment Agreement Section 4.4.3 of the Employment Agreement is hereby amended and restated in its entirety to read as follows:

  • No Employment Agreement Nothing in this agreement shall give the Executive any rights to (or impose any obligations for) continued employment by the Company or any Affiliate or subsidiary thereof or successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Executive.

  • Employment and Noncompetition Agreements The Employment and Noncompetition Agreements referred to in Sections 7.1 and 8.3, duly executed by the persons referred to in such Sections.

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