Common use of Company Compensation Arrangements Clause in Contracts

Company Compensation Arrangements. Prior to the scheduled expiration of the Offer (as it may be extended hereunder), the Company (acting through its Compensation Committee) will take all such steps as may be required to cause each Company Compensation Arrangement entered into by the Company or any of its Subsidiaries on or after the date hereof with any of its officers, directors or employees or any member of the Compensation Committee pursuant to which consideration is paid to such officer, director, employee or member to be approved as an Employment Compensation Arrangement and to satisfy the requirements of the non exclusive safe harbor set forth in Rule 14d-10(d) of the Exchange Act. Prior to the scheduled expiration of the Offer (as it may be extended hereunder), neither the Company’s Board of Directors nor the Compensation Committee shall withdraw, nor permit the withdrawal of, the Company Compensation Approvals.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Watsco Inc), Agreement and Plan of Merger (Acr Group Inc)

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Company Compensation Arrangements. Prior to the scheduled expiration of the Offer (as it may be extended hereunder), the Company Enpath (acting through its Compensation Committee) will take all such steps as may be required to cause each Company Enpath Compensation Arrangement entered into by the Company or any of its Subsidiaries Enpath on or after the date hereof with any of its officers, directors or employees or any member of the Compensation Committee pursuant to which consideration is paid to such officer, director, employee or member to be approved as an Employment Compensation Arrangement and to satisfy the requirements of the non non-exclusive safe harbor set forth in Rule 14d-10(d) of the Exchange Act. Prior to the scheduled expiration of the Offer (as it may be extended hereunder), neither the CompanyEnpath’s Board of Directors nor the Compensation Committee shall withdraw, nor permit the withdrawal of, the Company Enpath Compensation Approvals.

Appears in 1 contract

Samples: Execution Copy Agreement and Plan of Merger (Enpath Medical, Inc.)

Company Compensation Arrangements. Prior to the scheduled expiration of the Offer (as it may be extended hereunder), the Company Enpath (acting through its Compensation Committee) will take all such steps as may be required to cause each Company Enpath Compensation Arrangement entered into by the Company or any of its Subsidiaries Enpath on or after the date hereof with any of its officers, directors or employees or any member of the Compensation Committee pursuant to which consideration is paid to such officer, director, employee or member to be approved as an Employment Compensation Arrangement and to satisfy the requirements of the non non-exclusive safe harbor set forth in Rule 14d-10(d) of the Exchange Act. Prior to the scheduled expiration of the Offer (as it may be extended hereunder), neither the Company’s Enpath's Board of Directors nor the Compensation Committee shall withdraw, nor permit the withdrawal of, the Company Enpath Compensation Approvals.

Appears in 1 contract

Samples: Execution Copy Agreement and Plan of Merger (Greatbatch, Inc.)

Company Compensation Arrangements. Prior to the scheduled expiration of the Offer (as it may be extended hereunder), the Company (acting through its Compensation Committee) will take all such steps as may be required to cause each Company Compensation Arrangement entered into by the Company or any of its Subsidiaries on or after the date hereof with any of its officers, directors or employees or any member of the Compensation Committee pursuant to which consideration is paid to such officer, director, employee or member to be approved as an Employment Compensation Arrangement and to satisfy the requirements of the non non-exclusive safe safe-harbor set forth in Rule 14d-10(d) of the Exchange 1934 Act. Prior to the scheduled expiration of the Offer (as it may be extended hereunder), neither the Company’s Company Board of Directors nor the Compensation Committee shall withdraw, nor permit the withdrawal of, the Company Compensation Approvals.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hyperion Solutions Corp)

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Company Compensation Arrangements. Prior to the scheduled expiration of the Offer (as it may be extended hereunder), the Company (acting through its Compensation Committee) will take all such steps as may be required to cause each Company Compensation Arrangement entered into by the Company or any of its Subsidiaries on or after the date hereof with any of its officers, directors or employees or any member of the Compensation Committee pursuant to which consideration is paid to such officer, director, employee or member to be approved as an Employment Compensation Arrangement and to satisfy the requirements of the non exclusive safe harbor set forth in Rule 14d-10(d14d 10(d) of the Exchange 1934 Act. Prior to the scheduled expiration of the Offer (as it may be extended hereunder), neither the Company’s Company Board of Directors nor the Compensation Committee shall withdraw, nor permit the withdrawal of, the Company Compensation Approvals.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Oracle Corp)

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