I suspect that the Clock application is code-signed, which is likely what is causing the crash. I tried to do the same LSUIElement change in the plist file to Clock.app and it gave the same crash. Some research told me the following:
There's one more step to the process if the developer has signed the application with an Apple Developer Certificate — and that includes all Mac App Store applications. Without this step, you'll likely get a crash when opening the app. To prevent this, you'll need to re-sign the application using the following command in the Terminal:
sudo codesign -f -s - /path_to_app/appname.app
Replace "/path_to_app/appname.app" with the path and the application name that you just tweaked the Info.plist for. After doing this, press enter, and enter your password. The application will be re-codesigned and you should be able to launch the app without any issues.
source: http://www.maclife.com/article/columns/easy_mac_hacks_run_os_x_applications_without_their_dock_icon
I have downloaded Clock.app, Added the LSUIElement key to the plist file, and I resigned the application, and it seems to have had the desired result you are looking for.
There are some considerations though, the only way I could close the app without a dock icon was to use Activity Monitor and kill the process. The link I pasted above also gives a few more warnings you should read before doing this.
Make a backup, try it out, and let me know if you have the same success I did?