Common use of Key Man Clause in Contracts

Key Man. The death or incapacitation of the primary shareholder of Foretold, LLC, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (the “key man”) will result in the proportional (ROC) return of capital remaining in this and all other Royalty Fee Agreements in this funding round.

Appears in 2 contracts

Sources: Royalty Fee Agreement, Royalty Fee Agreement