Common use of Obligations of Management Clause in Contracts

Obligations of Management. Each Key Employee of each Group Company is identified in Section 3.18 of the Disclosure Schedule and except for the part-time employees specified in Section 3.18 of the Disclosure Schedule, each such Key Employee is currently devoting one hundred percent (100%) of his or her working time to the conduct of the business of a Group Company. To the best knowledge of the Warrantors, no Warrantor is aware that any such Key Employee is planning to work less than full time at a Group Company in the future. To the best knowledge of the Warrantors, no such Key Employee directly or indirectly holds any interest in or is currently working for a competitive enterprise, whether or not such Key Employee is or will be compensated by such enterprise.

Appears in 26 contracts

Samples: Share Purchase Agreement (Yatsen Holding LTD), Share Purchase Agreement (Yatsen Holding LTD), Share Purchase Agreement (Yatsen Holding LTD)

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