Common use of Key Management Clause in Contracts

Key Management. The Borrower shall employ individuals in the key management positions of President and Chief Financial Officer (or equivalent officer), and shall use its best efforts to cause such key managers to continue to serve in its respective capacities. In the event of the voluntary or involuntary termination of any key manager for any reason, or the death or incapacity of any key manager, the Borrower shall, as soon as practicable, replace such individual with another qualified manager with comparable management skills and experience in the Borrower's industry.

Key Management. The Borrower shall employ individuals in the key management positions of Chairman, President and Chief Financial Officer (or equivalent officer), and shall use its best efforts to cause such key managers to continue to serve in its their respective capacities. In the event of the voluntary or involuntary termination of any key manager for any reason, or the death or incapacity of any key manager, the Borrower shall, as soon as practicable, replace such individual with another qualified manager with comparable management skills and experience in the Borrower's industryindustries and reasonably satisfactory to the Agents.

Key Management. The Borrower shall employ individuals in the key management positions of Xxxxxxxx X. -------------- XxXxxxxx as President and Chief Financial Officer (or equivalent officer)Executive Officer, and shall use its best efforts to cause such key managers manager to continue to serve in its respective capacitiessuch capacity. In the event of the voluntary or involuntary termination of any the key manager for any reason, or the death or incapacity of any key manager, the Borrower shall, as soon as practicable, replace such individual with another qualified manager with comparable management skills and experience in the Borrower's industryindustry and reasonably satisfactory to the Bank.

Key Management. The Borrower shall employ individuals in the key management positions of Xxxxxxxx X. XxXxxxxx as President and Chief Financial Officer (or equivalent officer)Executive Officer, and shall use its best efforts to cause such key managers manager to continue to serve in its respective capacitiessuch capacity. In the event of the voluntary or involuntary termination of any the key manager for any reason, or the death or incapacity of any key manager, the Borrower shall, as soon as practicable, replace such individual with another qualified manager with comparable management skills and experience in the Borrower's industry’s industry and reasonably satisfactory to the Bank.