Common use of Termination of Related Party Agreements Clause in Contracts

Termination of Related Party Agreements. Except as set forth on Section 6.09 of the Company Disclosure Schedules, prior to or effective as of the Closing, the Company shall terminate all Contracts between the Company or any of its Subsidiaries, on the one hand, and any officer, director, management level employee (including without limitation all Key Executives), shareholder or controlling Affiliate of the Company or any of its Subsidiaries (other than the Company and its Subsidiaries), on the other hand.

Termination of Related Party Agreements. Except The Company and, to the extent a party thereto, the Founders, shall take such actions as may be necessary to terminate all Related Party Agreements other than those set forth on Section 6.09 5.8 of the Company Disclosure SchedulesSchedule, prior to or which termination shall be effective as of or prior to the Closing, the Company Closing and shall terminate all Contracts between the Company or not result in any of its Subsidiaries, on the one hand, and any officer, director, management level employee (including without limitation all Key Executives), shareholder or controlling Affiliate further obligations of the Company or any of its Subsidiaries (other than Affiliates from and after the Company and its Subsidiaries), on the other handClosing.

Termination of Related Party Agreements. Except as The Company shall terminate or cause to be terminated all Related Party Agreements set forth on Section 6.09 5.9 of the Company Disclosure Schedules, Schedule at or prior to or effective as of the Closing, such that neither the Company nor its Affiliates shall terminate all Contracts between have any obligations thereunder or in connection therewith from and after the Company or any of its Subsidiaries, on the one hand, and any officer, director, management level employee (including without limitation all Key Executives), shareholder or controlling Affiliate of the Company or any of its Subsidiaries (other than the Company and its Subsidiaries), on the other handClosing.