Common use of Change in Control and Severance Payments Clause in Contracts

Change in Control and Severance Payments. Wood has no ---------------------------------------- plans, programs or agreements to which they are parties, or to which they are subject, pursuant to which payments (or acceleration of benefits) may be required upon, or may become payable directly or indirectly as a result of, a change of control of Wood (including by reason of the consummation of the Combination) or otherwise upon termination of employment of any individual with Wood.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Farros Royal), Agreement and Plan of Reorganization (Iprint Com Inc), Agreement and Plan of Reorganization (Iprint Com Inc)

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Change in Control and Severance Payments. Wood has no ---------------------------------------- plans, programs or agreements to which they are parties, or to which they are subject, pursuant to which payments (or acceleration of benefits) may be required upon, or may become payable directly or indirectly as a result of, a change of control of Wood (including by reason of the consummation of the Combination) or otherwise upon termination of employment of any individual with Wood.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Canaan Equity L P)

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