Employee Retention Clause Samples

Employee Retention. Architect agrees to maintain the organizational and administrative capacity and capabilities to carry out all duties and responsibilities under this Agreement. The personnel Architect assigns to perform the duties and responsibilities under this Agreement will be properly trained and qualified for the functions they are to perform. If specific qualifications are set forth in job descriptions required by the funding entity and/or in this Agreement, unless a written waiver is granted, Architect shall only assign personnel with the required qualifications to fulfill those functions. Notwithstanding transfer or turnover of personnel, Architect remains obligated to perform all duties and responsibilities under this Agreement without degradation and in accordance with the terms of this Agreement.

Employee Retention. A. In the event there is modification of programs and services for financial reasons, the number of employees which is required to implement the modified educational programs and services shall be determined as provided in this Article. B. In an effort to eliminate the necessity of non-renewal or involuntary terminations, every reasonable effort shall be made to ascertain the number of bargaining unit positions which will be open for the following year by reason of normal attrition as outlined below. Such vacancies shall not be replaced except as indicated in 3 below.

Employee Retention. For Large, Medium, and Small Hub Airports only: [insert name of airport sponsor], owner and operator of [insert name of airport], as a [insert hub size] hub airport, agrees to continue to employ, through December 31, 2020, at least 90 percent of the number of individuals employed (after making adjustments for retirements or voluntary employee separations) by the airport as of March 27, 2020, unless this provision is specifically waived by the Secretary at the airport Sponsor’s written request. The Sponsor shall provide to the FAA the number of employees employed as of March 27, 2020, within 10 business days of this Grant being awarded. Provided further, the Sponsor will report to the FAA the number of employees as of June 30, September 30, and December 31 of 2020, within 10 business days of the end of each reporting period.

Employee Retention. A. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, M.D., shall not have (a) ceased to be employed by, or expressed in writing to any Person (or orally to an officer or director of Acquiror or the Company which oral statement has not been retracted in writing) an intention to terminate employment with, the Company, (b) become incapable of fulfilling any of his material duties to the Company, or (c) expressed in writing to any Person (or orally to an officer or director of Acquiror or the Company which oral statement has not been retracted in writing) an intention to decline to accept, or an intention to terminate, employment with Acquiror, the Surviving Corporation or any other Subsidiary of Acquiror.

Employee Retention. PerfectMarket shall be satisfied in its sole ------------------ discretion (exercised reasonably and in good faith) that a sufficient core group of employees (including the Principal Shareholder) at MetroBeat are ready, willing and able to remain with MetroBeat and PerfectMarket following the transaction to enable the continued operation of MetroBeat's business.

Employee Retention. Except as provided in this Section 7.8, the Purchaser will offer employment to all employees of the Business set forth on Schedule 3.18 as at-will employees, at substantially the same salary as previously provided by the Company, and will employ such employees, provided that each such employee agrees to be so hired. It is understood that the employment of the employees of the Company that accept the Purchaser’s offer of employment will not commence until immediately following the close of business on the Closing Date, except that the employment of individuals on furlough or layoff, receiving disability (short-term or long-term) benefits or an approved leave of absence on the Closing Date will become effective as of the date they present themselves for work with the Purchaser immediately upon the termination of such status or discontinue receiving disability benefits, respectively; provided, that nothing herein shall require the Purchaser to employ any employee who does not report for work before or at the conclusion of an authorized short-term disability leave of absence or other authorized leave of absence, provided, further, that a leave of absence shall be considered to be “Authorized” if it is authorized by law or was authorized by the Company pursuant to the Company’s disability leave of absence or other leave of absence policies. Any employee that falls within the immediately preceding sentence is so indicated on Schedule 7.8. The Purchaser shall provide to the Company’s employees the benefit plans and other employee benefits that are provided to the Purchaser’s employees from time to time The Purchaser shall credit all former employees of the Company who become employees of the Purchaser, for the purpose of medical, dental, health and life insurance, any 401(k) plan, any Employee Stock Ownership Plan (for purposes of eligibility but not vesting), paid time off and the Purchaser’s severance plan with all of their prior service/employment time with the Company. Nothing in this Section 7.8 is intended to create, or shall create or confer, any rights or remedies upon any Person other than the Purchaser or the Company, nor shall this Section 7.8 create any right of employment for any employee of the Company.

Employee Retention. (Section 2.122.140) In the event that any contract for services for an amount greater than $50,000 is terminated by County prior to its expiration, any new contract with a subsequent contractor for those same services shall include the following term: Contractor shall make best efforts to offer employment to qualified employees of the prior contractor for the performance of this contract. Such efforts shall not be required in regard to employees who are (1) exempt under the Fair Labor Standards Act, (2) family members of prior contractor, (3) employed by prior contractor for less than six months, or (4) convicted of a job-related or workplace crime. Upon request by the County, the Contractor shall demonstrate to the County that good faith efforts have been made to comply with this provision. Within the last five years, has your agency had any violations with the National Employees Relations Board or the California Labor Commission? Yes No I certify, under penalty of perjury, that is in (Name of Agency) compliance with all of the above stated non-wage provisions of the County Living Wage Ordinance. TO: Board of Supervisors URCES AGENCY County Administrative Office Auditor Controller By: (Signature) that AGREEMENT TYPE (Check One) Expenditure Agreement Revenue Agreement The Board of Supervisors is hereby requested to approve the attached agreement and authorize the execution of same. 1. Said Agreement is between the County of Santa Human Resources Agency . . Women's Crisis Support-Defensa de Mujeres, ▇▇▇ ▇. ▇▇▇▇ ▇▇▇., ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ .I * I . . '...-- 2. ,emergency shelter, food, clothing and counseling services for women of domestic violence. .

Employee Retention. You acknowledge and agree that: (a) we and our affiliates have expended and will expend substantial time and expense in training our and their employees; and (b) we and our affiliates (as applicable), will suffer substantial injury, with respect to which it is extremely difficult and impracticable to calculate actual damages, if you or your affiliates breach this Agreement with respect to solicitation of our or our affiliates’ or franchise owners’ employees. Accordingly, in an effort to liquidate in advance the sum that would represent the damages caused by such solicitation, you agree that you will pay to the affected employer an amount equal to the Annualized Compensation paid by us or such affiliate or franchise owner to any employee of ours, our affiliate or our franchise owners who leaves such employment directly or indirectly as a result of your breach of this Agreement. “Annualized Compensation” means the aggregate compensation (including wages/salary, bonus and other employer’s cost of all taxes and benefits) payable to such employee: (i) an amount equal to the aggregate compensation for such employee for such 12 months; or during the 12 month period immediately preceding the date of such employee’s departure from the previous employment; or (ii) if not, then 12 times the aggregate monthly compensation of such employee. You acknowledge and agree that this amount, which will be due and payable within 30 days of your receipt of our invoice, is a fair and reasonable amount to be recovered as liquidated damages and will not constitute a penalty or forfeiture. The amount will be paid to the former employer.

Employee Retention. (a) At any time prior to the Senior Secured Convertible Notes Issuance Date, the composition of both the research and development and the engineering teams of the Borrower and each Subsidiary shall remain substantially the same as on the Effective Date, subject to customary turn-over applicable to the same or similar business operating in the same or similar locations, and, in any event, the collective experience level and expertise thereof shall not have diminished to any material extent by reason of employee resignations or departures since the Effective Date; and (b) From and after the Senior Secured Convertible Notes Issuance Date, the Borrower shall use commercially reasonable efforts to ensure that the composition of both the research and development and the engineering teams of the Borrower and each Subsidiary shall remain substantially the same as on the Senior Secured Convertible Notes Issuance Date, subject to customary turn-over applicable to the same or similar business operating in the same or similar locations.