AMENDMENT TO MERGER SEVERANCE AGREEMENT Sample Clauses

AMENDMENT TO MERGER SEVERANCE AGREEMENT. (a) Amendment. The Merger Severance Agreement is hereby amended by deleting the last sentence in the definition of the term "Reorganization Event" in Section 1 thereof and substituting therefor the following sentence: "It is hereby understood and agreed that the consummation of the business combination contemplated by the Agreement and Plan of Merger dated as of September 1, 1997, as amended, among Doubletree Corporation, the Company and Parent Holding Corp. shall not constitute a Reorganization Event for purposes of this Agreement." As hereby amended, the Merger Severance Agreement shall remain in full force and effect with respect to any Reorganization Event (i.e., excluding the Doubletree/Promus Merger).
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Related to AMENDMENT TO MERGER SEVERANCE AGREEMENT

  • Amendment to Merger Agreement The Merger Agreement shall be amended as follows:

  • Amendment to Employment Agreement The Employment Agreement is hereby amended as follows:

  • AMENDMENT OF AGREEMENT; MERGER The General Partner’s consent shall be required for any amendment to this Agreement. The General Partner, without the consent of the Limited Partners, may amend this Agreement in any respect or merge or consolidate the Partnership with or into any other partnership or business entity (as defined in Section 17-211 of the Act) in a transaction pursuant to Section 7.1(b), (c) or (d) hereof; provided, however, that the following amendments and any other merger or consolidation of the Partnership shall require the consent of Limited Partners holding more than 50% of the Percentage Interests of the Limited Partners:

  • Severance Agreement Any payments of compensation made pursuant to Articles 4 and 5 are contingent on Executive executing the Company’s standard severance agreement, including a general release of the Company, its owners, partners, stockholders, directors, officers, employees, independent contractors, agents, attorneys, representatives, predecessors, successors and assigns, parents, subsidiaries, affiliated entities and related entities, and on Executive’s continued compliance with Section 6. Executive must execute the standard severance agreement and release within 45 days of being provided with the document to sign or the severance agreement offer will expire.

  • Severance Agreements (a) In the event of the termination of employment of the Executive by Horizon for any reason whatsoever other than for Cause at any time from and after the date of this Agreement or in the event of termination of employment of the Executive by the Executive with Good Reason (as defined in Section 3 hereof) at any time within the twelve (12) month period after the occurrence of a Change of Control:

  • Amendment to Rights Agreement The Rights Agreement is hereby amended as follows:

  • Amendments to Employment Agreement Effective as of the date hereof, the Employment Agreement shall be amended as provided in this Section 1.

  • Amendments to Merger Agreement The Merger Agreement is hereby amended as follows:

  • Complete Agreement; Waiver; Amendment This Agreement is not a ------------------------------------- promise of future employment. Employee has no oral representations, understandings, or agreements with the Company or any of its officers, directors, or representatives covering the same subject matter as this Agreement. This Agreement is the final, complete, and exclusive statement and expression of the agreement between the Company and Employee with respect to the subject matter hereof, and cannot be varied, contradicted, or supplemented by evidence of any prior or contemporaneous oral or written agreements. This written Agreement may not be later modified except by a further writing signed by a duly authorized officer of the Company and Employee, and no term of this Agreement may be waived except by a writing signed by the party waiving the benefit of such term.

  • Termination of Merger Agreement Notwithstanding anything to the contrary contained herein, in the event that the Merger Agreement is terminated in accordance with its terms prior to the Closing, this Agreement and all rights and obligations of the parties hereunder shall automatically terminate and be of no further force or effect.

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