Common use of Earnout Provisions Clause in Contracts

Earnout Provisions. Executive acknowledges and agrees that (i) Section 4 of this Agreement is intended to benefit Executive and the other Shareholders, (ii) each of the Shareholders shall have

Appears in 2 contracts

Sources: Executive Employment Agreement (International Technology Corp), Executive Employment Agreement (International Technology Corp)

Earnout Provisions. Executive acknowledges and agrees that (i) Section 4 of this Agreement is intended to benefit Executive and the other Shareholders, (ii) each of the Shareholders shall havehave identical provisions in their respective employment agreements and (iii) the parties may enforce the provisions of Section 4 as if such provisions were contained in a single agreement to which OHM, the Company, Executive and the other Shareholders were a party.

Appears in 1 contract

Sources: Executive Employment Agreement (International Technology Corp)