Deductibility. As of the Closing, there will not be any contract, plan or arrangement, including but not limited to the provisions of this Agreement, covering any employee or former employee of Company that, individually or collectively, could give rise to the payment of any amount that would not be deductible by Company as an expense under Applicable Law other than reimbursements of a reasonable amount of entertainment expenses and other non-deductible expenses that are commonly paid by similarly situated businesses in reasonable amounts.
Appears in 1 contract
Deductibility. As of the Closing, there will not be any contractContract, plan or arrangement, including but not limited to the provisions of this Agreement, covering any employee or former employee of the Company that, individually or collectively, could give rise to the payment of any amount that would not be deductible by the Company as an expense under Applicable applicable Law other than reimbursements of a reasonable amount of entertainment expenses and other non-deductible nondeductible expenses that are commonly paid by similarly situated businesses in reasonable amounts.
Appears in 1 contract
Deductibility. As of the Closing, there will not be any contractContract, plan or arrangement, including but not limited to the provisions of this Agreement, covering any employee or former employee of Company Corporation that, individually or collectively, could give rise to the payment of any amount that would not be deductible by Company Corporation as an expense under Applicable applicable Law other than reimbursements of a reasonable amount of entertainment expenses and other non-deductible nondeductible expenses that are commonly paid by similarly situated businesses in reasonable amounts.
Appears in 1 contract
Sources: Share Purchase Agreement (Display Technologies Inc)
Deductibility. As of the Closing, there will not be any contractContract, plan or arrangement, including but not limited to the provisions of this Agreement, covering any employee or former employee of the Company that, individually or collectively, could give rise to the payment of any amount that would not be deductible by the Company as an expense under Applicable Law appropriate Legal Requirements other than reimbursements of a reasonable amount of entertainment expenses and other non-deductible expenses that are commonly paid by similarly situated businesses in reasonable amounts.
Appears in 1 contract
Deductibility. As of the Closing, there will not be any contractContract, plan or arrangement, including but not limited to the provisions of this Agreement, covering any employee or former employee of Company the Corporation that, individually or collectively, could give rise to the payment of any amount that would not be deductible by Company the Corporation as an expense under Applicable applicable Law other than reimbursements of a reasonable amount of entertainment expenses and other non-deductible expenses that are commonly paid by similarly situated businesses in reasonable amounts.
Appears in 1 contract
Sources: Share Purchase Agreement (Ramtron International Corp)
Deductibility. As of the Closing, there will not be any contractContract, plan or arrangement, including but not limited to the provisions of this Agreement, covering any employee or former employee of the Company that, individually or collectively, could give rise to the payment of any amount that would not be deductible by the Company as an expense under Applicable Law appropriate Legal Requirements other than reimbursements of a reasonable amount of entertainment expenses and other non-deductible nondeductible expenses that are commonly paid by similarly situated businesses in reasonable amounts.
Appears in 1 contract
Sources: Share Purchase Agreement