Common use of Condition Precedents Clause in Contracts

Condition Precedents. 14.1 This Agreement is contingent upon the satisfactory completion of a medical examination as required by Luxembourg law. The costs of the medical examination will be borne by the Company. 14.2 This Agreement is subject to the condition precedent that (i) the Employee has previously obtained all necessary administrative authorisation and has complied with all applicable legal requirement as regards immigration and work on the territory of Luxembourg and (ii) that the Company has received references of employment from the Employee relating to past positions held by the Employee and has received responses from such references acceptable to the Company in its sole discretion. 14.3 The Employee confirms that he/she has not been convicted for criminal offences, except for traffic offences and hence accepts to provide the Company with a criminal register extract prior to the Commencement Date to evidence this assertion. The Employee further acknowledges that, due to his/her strategic position with the Company, a clean criminal register is an essential and determining element for the Company in view of this Agreement.

Appears in 2 contracts

Sources: Long Term Employment Contract (NavSight Holdings, Inc.), Long Term Employment Contract (NavSight Holdings, Inc.)