Examples of Key Company Employee in a sentence
The rights and remedies of Holder as provided herein shall be cumulative and concurrent and may be pursued singularly, successively or together at the sole discretion of Holder, and may be exercised as often as occasion therefore shall occur, and the failure to exercise any such right or remedy shall in no event be construed as a waiver or release of the same.
Each Key Company Employee Employment Agreement shall contain terms that are not less favorable than the terms applicable to the related Key Company Employee contained in the employment agreements entered into between such Key Company Employee and the Company prior to the signing of the Term Sheet, provided that such terms are reasonable and consistent with the Company's past practice.
Any Key Company Employee who has not signed a Key Company Employee Employment Agreement within ten (10) Business Days following the Closing Date shall not receive any Buyer Option.
As of the First Closing Date, each Key Company Employee shall have entered into a Key Company Employee Employment Agreement and each such agreement shall be in full force and effect.
Buyer agrees to grant a specified number of options to purchase FM Ordinary Shares (the “Buyer Options”) subject to applicable law, no later than 18 months following the First Closing Date to (i) the employees of the Company who have entered into the Key Company Employee Employment Agreements (defined in Section 7.10) on or prior to the First Closing Date and (ii) to such other employees of the Company as shall be mutually agreed between Buyer and the Company.