Retention Matters. The Company has no knowledge that any Company employee, or group of Company employees, intends to terminate employment with the Company.
Retention Matters. Prior to the Effective Time, Parent and the Company shall implement the retention matters set forth on section 5.18 of the Company Disclosure Schedule.
Retention Matters. All parties acknowledge and agree that the Transferee and the Target Company agree to cooperate with the Transferor or other entities of the Txxxxx Group to complete the relevant retention matters as soon as possible after the closing date in accordance with the retention matters plan or the plan determined by the related parties through separate negotiations; The Transferor agrees to cooperate with the divested entity or Transferee to complete the relevant retention matters as soon as possible after the closing date in accordance with the retention matter plan or the plan determined by the related parties through separate negotiations.
Retention Matters. Subject to clause 15.6, the following provisions shall also apply in relation to the operation of set off against the Second Vendor Debt Balance and the Retention Account and to the Second Vendor Debt Balance Payment and the Retention Release Amount:
Retention Matters. Holdings and the Company have no knowledge that any employee of Holdings or the Company, or group of such employees, intends to terminate employment with Holdings or the Company.
Retention Matters. The Company has no knowledge that any Key Employee (as defined in Section 5.16) intends to terminate his or her employment with the Company.
Retention Matters. The Company has not received notice (written or oral) that any Company employee, or group of Company employees, intends to terminate employment with the Company.
Retention Matters. Each of Seller and Buyer hereby agree that, effective as of the Effective Date, notwithstanding anything to the contrary in the Purchase Agreement (including the Seller Disclosure Schedule) or the LT Retention Plan: (a) the Aggregate Retention Pool shall be an amount equal to $39.76 million; and (b) Seller’s Portion shall be reduced by $240,000.
Retention Matters. Section 6.5(i) - Payments to Employees at or Subsequent to the Effective Time
Retention Matters. Except as contemplated by this Agreement, the Company has no Knowledge that any employee or group of employees that the Parent has expressed to the Company that it intends to employ following the Effective Time intends not to continue in the employ of the Company, the Surviving Corporation or Parent, as applicable.
