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, (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 (Paypal Inc), Agreement and Plan of Reorganization (Printcafe 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, (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 (Polycom Inc), Agreement and Plan of Merger (American Interactive Media 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, (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.to
Appears in 2 contracts
Samples: Agreement and Plan of Merger and Reorganization (Aironet Wireless Communications Inc), Agreement and Plan of Reorganization (Cisco Systems Inc)