Key Man Clause
Key Man Clause Type: noun Pronunciation: /kee-man-klawz/ Also spelled or known as: Key Person Clause Related: Contract What does Key Man Clause mean? A contract provision tied to a specific important person’s involvement. In music, a key man clause may allow termination or renegotiation if a named executive, manager, or representative leaves a company. Key […]
Key Person Clause
Key Person Clause Type: noun Pronunciation: /kee-per-sin-klawz/ Also spelled or known as: Key Person Clause Related: Contract What does Key Person Clause mean? A contract provision tied to a specific important person’s involvement. In music, a key person clause may allow termination or renegotiation if a named executive, manager, or representative leaves a company. Key […]