Contracts for Services. Sellers have no Contract with any director or officer; and Sellers have no Contract with any employee, agent, consultant or other third party performing similar functions that is not cancelable by Sellers on notice of no longer than thirty (30) days without liability, penalty or premium of any nature or kind whatsoever or under which Sellers could incur remaining obligations in excess of $50,000.00 (or its foreign currency equivalent as of the date hereof).
Appears in 2 contracts
Sources: Asset Purchase Agreement, Asset Purchase Agreement (Triumph Bancorp, Inc.)