Creation of Track Record Sample Clauses
The 'Creation of Track Record' clause establishes the process by which a party's performance, experience, or results are formally documented and recognized within the context of an agreement. Typically, this clause outlines the criteria for what constitutes a valid track record, the methods for recording relevant achievements or milestones, and the responsibilities of each party in maintaining accurate records. By clearly defining how a track record is created and maintained, this clause ensures transparency and provides an objective basis for evaluating performance or eligibility for future opportunities.
Creation of Track Record. After: (x) the Final Date (except as set forth Section 6(b) and subject to the terms of Sections 6(c) and (d) and 7 below), if any; or (y) a termination of the employment of Employee by the Employer under Section 8(i) within 30 days following a Key Man Event, if any; the Employee will have the right to: (i) disclose the track record generated by Sargon (the “Track Record”) only to market a Permitted Fund (as defined below); and (ii) to discuss activities related to Sargon investment positions (if, and only if, those positions have been publicly disclosed but are not still held by the Existing Funds or their Affiliates on the Final Date) in order to market a Permitted Fund (the matters contemplated in clauses (i) and (ii), collectively, the “Covered Matters”). Either Co-Manager may request that a reputable third party provide an audit or attestation report of the Track Record, whose fees shall be paid by the owners of any new management company that seeks to market off such Track Record.
Creation of Track Record. After the Final Time (except as set forth in Section 8(b) and subject to the terms of Sections 8(c) and 8(d)), if any, the Employee will have the right to disclose the Track Record and discuss the Covered Matters and the Employer will provide Employee with reasonable supporting documentation to verify such Track Record.