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

Certain Agreements Affected by the Merger. Except as set forth in Section 2.17 of the Target Disclosure Schedule, neither the execution and delivery of this Agreement nor the consummation of the 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 Target or any of its Subsidiaries, (ii) materially increase any benefits otherwise payable by Target, or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Euniverse Inc), Agreement and Plan of Merger (Euniverse Inc), Agreement and Plan of Merger (Ess Technology Inc)

AutoNDA by SimpleDocs

Certain Agreements Affected by the Merger. Except as set forth in Section 2.17 disclosed on SECTION 2.22 of the Target Disclosure Schedule, Schedule neither the execution and delivery of this Agreement nor the consummation of the 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 Target or any of its SubsidiariesTarget, (ii) materially increase any benefits otherwise payable by Target, 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 (Premier Laser Systems Inc), Agreement and Plan of Reorganization (Ophthalmic Imaging Systems Inc)

Certain Agreements Affected by the Merger. Except as set forth in Section 2.17 of on the Target Disclosure Schedule, neither the execution and delivery of this Agreement nor the consummation of the 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 Target or any of its SubsidiariesTarget, (ii) materially increase any benefits otherwise payable by Target, 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 Merger and Reorganization (Deltagen Inc)

Certain Agreements Affected by the Merger. Except as set forth in Section 2.17 of the Target Disclosure Scheduleon Schedule 3.15, neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will (i) result in any payment (including, without limitation, including severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Target or any of its Subsidiaries, (ii) materially increase any benefits otherwise payable by Target, 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 (Old Guard Group Inc)

Certain Agreements Affected by the Merger. Except as set forth in Section 2.17 of Neither the Target Disclosure Schedule, neither the ----------------------------------------- execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby will (i) except as set forth in Section 2.17 of the Target Disclosure Schedule, result in any payment (including, without limitation, severance, unemployment compensation, golden parachute, bonus or otherwise) becoming due to any director or employee of Target or any of its SubsidiariesTarget, (ii) materially increase any benefits otherwise payable by Target, or (iii) except as set forth in Section 2.17 of the Target Disclosure Schedule, 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 (Netcentives Inc)

AutoNDA by SimpleDocs

Certain Agreements Affected by the Merger. Except as set forth in Section 2.17 2.16 of the Target Disclosure Schedule, neither the execution and delivery of this Agreement nor the consummation of the 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 Target or any of its the Target Subsidiaries, (iib) materially increase any benefits otherwise payable by Target, or any of the Target Subsidiaries or (iiic) 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 (Covista Communications Inc)

Certain Agreements Affected by the Merger. Except as set forth in on Section 2.17 of the Target Disclosure Schedule, neither the execution and delivery of this Agreement nor the consummation of the 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 or employee of Target or any of its SubsidiariesTarget, (iib) materially increase any benefits otherwise payable by Target, Target or (iiic) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Netlibrary Inc)

Certain Agreements Affected by the Merger. Except as set forth ----------------------------------------- in Section 2.17 of the Target Disclosure ScheduleSchedule 2.15 or pursuant to this Agreement, neither the execution and ------------- delivery of this Agreement nor the consummation of the transactions 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 Target or any of its Subsidiariessubsidiaries, (ii) materially increase any benefits otherwise payable by Target, Target 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 (Rational Software Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.