AHT » Topics » We depend on key personnel with long-standing business relationships. The loss of key personnel could threaten our ability to operate our business successfully.

These excerpts taken from the AHT 10-K filed Feb 29, 2008.
We depend on key personnel with long-standing business relationships. The loss of key personnel could threaten our ability to operate our business successfully.
 
Our future success depends, to a significant extent, upon the continued services of our management team. In particular, the lodging industry experience of Messrs. Archie and Montgomery Bennett, Kessler, Brooks, Kimichik, and Nunneley and the extent and nature of the relationships they have developed with hotel franchisors, operators, and owners and hotel lending and other financial institutions are critically important to the success of our business. We do not maintain key – person life insurance on any of our officers. Although these officers currently have employment agreements with us, we cannot assure their continued employment. The loss of services of one or more members of our corporate management team could harm our business and our prospects.
 
We
depend on key personnel with long-standing business
relationships. The loss of key personnel could threaten our
ability to operate our business successfully.



 



Our future success depends, to a significant extent, upon the
continued services of our management team. In particular, the
lodging industry experience of Messrs. Archie and
Montgomery Bennett, Kessler, Brooks, Kimichik, and Nunneley and
the extent and nature of the relationships they have developed
with hotel franchisors, operators, and owners and hotel lending
and other financial institutions are critically important to the
success of our business. We do not maintain key –
person life insurance on any of our officers. Although these
officers currently have employment agreements with us, we cannot
assure their continued employment. The loss of services of one
or more members of our corporate management team could harm our
business and our prospects.


 




This excerpt taken from the AHT 10-K filed Mar 9, 2007.
We depend on key personnel with long-standing business relationships. The loss of key personnel could threaten our ability to operate our business successfully.
 
Our future success depends, to a significant extent, upon the continued services of our management team. In particular, the lodging industry experience of Messrs. Archie and Montgomery Bennett, Kessler, Brooks, Kimichik, and Nunneley and the extent and nature of the relationships they have developed with hotel franchisors, operators, and owners and hotel lending and other financial institutions are critically important to the success of our business. We do not maintain key — person life insurance on any of our officers. Although these officers currently have employment agreements with us, we cannot assure their continued employment. The loss of services of one or more members of our corporate management team could harm our business and our prospects.
 
This excerpt taken from the AHT 10-K filed Mar 14, 2006.
We depend on key personnel with long-standing business relationships. The loss of key personnel could threaten our ability to operate our business successfully.
 
Our future success depends, to a significant extent, upon the continued services of our management team. In particular, the lodging industry experience of Messrs. Archie and Montgomery Bennett, Kessler, Brooks, Kimichik, and Nunneley and the extent and nature of the relationships they have developed with hotel franchisors, operators, and owners and hotel lending and other financial institutions are critically important to the success of our business. We do not maintain key-person life insurance on any of our officers. Although these officers currently have employment agreements with us, we cannot assure you of the continued employment of all of our officers. The loss of services of one or more members of our corporate management team could harm our business and our prospects.
 
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