Common use of Employees of Asset Manager Clause in Contracts

Employees of Asset Manager. All persons engaged in the performance of the services to be performed by the Asset Manager hereunder shall be employees of LXP; provided, however, that, employees and officers of LXP may also be employees and officers of the Company. All of the Asset Manager's employees shall be covered by workers' compensation insurance in the manner required by law.

Appears in 4 contracts

Samples: Operating Agreement (Lexington Corporate Properties Trust), Registration Rights Agreement (Lexington Corporate Properties Trust), Management Agreement (Lexington Corporate Properties Trust)

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Employees of Asset Manager. All persons engaged in the performance of the services to be performed by the Asset Manager hereunder shall be employees of LXPLXP or LXP GP; provided, however, that, employees and officers of LXP and LXP GP may also be employees and officers of the CompanyPartnership. All of the Asset Manager's ’s employees shall be covered by workers' compensation insurance in the manner required by law.

Appears in 1 contract

Samples: Management Agreement (Lexington Realty Trust)

Employees of Asset Manager. All persons engaged in the performance of the services to be performed by the Asset Manager hereunder shall be employees of LXPLXP or LXP GP; provided, however, that, employees and officers of LXP and LXP GP may also be employees and officers of the CompanyPartnership. All of the Asset Manager's employees shall be covered by workers' compensation insurance in the manner required by law.

Appears in 1 contract

Samples: Management Agreement (Lexington Corporate Properties Trust)

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Employees of Asset Manager. All persons engaged in the performance of the services to be performed by the Asset Manager hereunder shall be employees of LXP; provided, however, that, employees and officers of LXP may also be employees and officers of the Company. All of the Asset Manager's ’s employees shall be covered by workers' compensation insurance in the manner required by law.

Appears in 1 contract

Samples: Management Agreement (Lexington Corporate Properties Trust)

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