Examples of Key Employment Agreements in a sentence
The Key Employees and Borrower shall have executed the Key Employment Agreements.
Additionally, the Company shall enter into Employment Agreements in form and substance acceptable the Buyer with certain key personnel of the Company, to be determined by the Buyer in its sole discretion (the "Key Employment Agreements").
Promptly after execution thereof the Administrative Agent shall have received true and correct copies, certified as such by the Borrower, of the Key Employment Agreements and the Administrative Agent shall be reasonably satisfied with the material terms thereof.
The Key Employees shall have entered into an employment agreement with the Company or Buyer that will be effective as of the Closing (“Key Employment Agreements”) and the Key Employment Agreements shall remain in full force and effect, and none of the Key Employees shall be unable to commence employment under his or her Employment Agreement upon the Closing, other than for death or disability.
Each of the Key Employment Agreements shall be in full force and effect as of the Closing Date and none of the employee parties thereto shall have taken any action to terminate, revoke or otherwise repudiate any such Employment Agreement.