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 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 2 contracts

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

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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 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 Subsidiariesthe Company, (ii) materially increase any benefits otherwise payable by Target, 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 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 Subsidiariesthe Company, (ii) materially increase any benefits otherwise payable by Target, the Company or (iii) result in the acceleration of the time of payment or vesting of any such benefits.

Appears in 1 contract

Samples: Plan of Reorganization (Kana Communications Inc)

Certain Agreements Affected by the Merger. 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 ENI or any of its Subsidiariesshareholder thereof, (ii) materially increase any benefits otherwise payable by TargetENI, 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 (Vital Living Inc)

Certain Agreements Affected by the Merger. 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 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 Merger (Ods Networks Inc)

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Certain Agreements Affected by the Merger. 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 SubsidiariesIronlight, (ii) materially increase any benefits otherwise payable by TargetIronlight, 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 (Novo Mediagroup Inc)

Certain Agreements Affected by the Merger. 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 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, except as required under Code Section 411(d)(3).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Hoovers Inc)

Certain Agreements Affected by the Merger. 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 Parent or any of its Subsidiariessubsidiaries, (ii) materially increase any benefits otherwise payable by Target, 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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