Common use of Certain Agreements Affected by the Merger Clause in Contracts

Certain Agreements Affected by the Merger. Neither the execution and delivery of this Agreement nor the consummation of the transaction contemplated hereby will (i) result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Company or any of its subsidiaries, (ii) materially increase any benefits otherwise payable by Company or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 9 contracts

Samples: Merger Agreement (Active Voice Corp), Agreement and Plan of Merger and Reorganization (E-Medsoft Com), Merger Agreement (Tender Loving Care Health Care Services Inc/ Ny)

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Certain Agreements Affected by the Merger. Neither the execution and delivery of this Agreement nor the consummation of the transaction contemplated hereby will (i) result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Company or any of its subsidiariesthe Company, (ii) materially increase any benefits otherwise payable by the Company to its employees, agents, consultants and directors, or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 3 contracts

Samples: Merger Agreement (Synergy 2000 Inc), Merger Agreement (Synergy 2000 Inc), Merger Agreement (Change Technology Partners Inc)

Certain Agreements Affected by the Merger. Neither the execution and delivery of this Agreement nor the consummation of the transaction transactions contemplated hereby will (i) result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Company Target or any of its subsidiariesSubsidiaries, (ii) materially increase any benefits otherwise payable by Company Target, or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 2 contracts

Samples: Merger Agreement (Ess Technology Inc), Merger Agreement (Printcafe Inc)

Certain Agreements Affected by the Merger. Neither the execution and delivery of this Agreement nor the consummation of the transaction contemplated hereby will (i) result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Company or any of its subsidiariesTarget, (ii) materially increase any benefits otherwise payable by Company Target or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Polycom Inc), Merger Agreement (American Interactive Media Inc)

Certain Agreements Affected by the Merger. Neither Except as set forth in SECTION 3.14 of the Disclosure Schedule attached hereto, neither the execution and delivery of this Agreement nor the consummation of the transaction contemplated hereby will (i) result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Company or any of its subsidiariesthe Company, (ii) materially increase any benefits otherwise payable by the Company or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 1 contract

Samples: Merger Agreement (Servicesoft Technologies Inc)

Certain Agreements Affected by the Merger. Neither the execution and delivery of this Agreement nor the consummation of the transaction transactions contemplated hereby will (i) result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Company ENI or any of its subsidiariesshareholder thereof, (ii) materially increase any benefits otherwise payable by Company ENI, or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 1 contract

Samples: Merger Agreement (Vital Living Inc)

Certain Agreements Affected by the Merger. Neither the execution and delivery of this Agreement nor the consummation of the transaction contemplated hereby will (i) result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Company Parent or any of its subsidiaries, (ii) materially increase any benefits otherwise payable by Company Parent or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (E-Medsoft Com)

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Certain Agreements Affected by the Merger. Neither the execution and delivery of this Agreement nor the consummation of the transaction contemplated hereby will (i) result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Company or any of its subsidiariesthe Company, (ii) materially increase any benefits otherwise payable by the Company or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 1 contract

Samples: Merger Agreement (Kana Communications Inc)

Certain Agreements Affected by the Merger. Neither the execution and delivery of this Agreement nor the consummation of the transaction transactions contemplated hereby will (ia) result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director director, employee or employee consultant of Company or any of its subsidiariesTarget, (iib) materially increase any benefits otherwise payable by Company Target or (iiic) result in the acceleration of the time of payment or vesting of any such benefits, except as required under Code Section 411(d)(3).

Appears in 1 contract

Samples: Merger Agreement (Hoovers Inc)

Certain Agreements Affected by the Merger. Neither the execution and delivery of this Agreement nor the consummation of the transaction contemplated hereby will (i) result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Company or any of its subsidiaries, Target (ii) materially increase any benefits otherwise payable by Company Target; or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 1 contract

Samples: Merger Agreement (Ods Networks Inc)

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