Effect of Consummation Sample Clauses

Effect of Consummation. The consummation of the transactions contemplated by this Agreement will not (i) entitle any current or former employee of Seller or any other individual to a bonus, severance pay, unemployment compensation or similar payment, or (ii) otherwise accelerate the time of payment or vesting, or increase the amount of any compensation due to any current or former employee of Seller.
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Effect of Consummation. Except as set forth on Schedule 3.14(h), the consummation of the transactions contemplated by this Agreement will not: (i) entitle any current or former employee of the Company or any other individual, to severance pay, unemployment compensation or similar payment, or (ii) otherwise accelerate the time of payment or vesting, or increase the amount of any compensation due to any current or former employee or other individual. (i)
Effect of Consummation. The consummation of the transactions contemplated by this Agreement will not (i) entitle any current or former employee of any Company or any other individual to a bonus, severance pay, unemployment compensation or similar payment by any of the Companies, (ii) otherwise accelerate the time of payment or vesting, or increase the amount of any compensation due to any current or former employee of any Company, (iii) result in any prohibited transaction described in Section 406 of ERISA or Section 4975 of the Code for which an exemption is not available, or (iv) in any way result in any liability of a Company with respect to any Employee Benefit Plan of any Person. None of the Companies is a party or subject to any agreement, contract or other obligation which would require the making of any payment, other than payments as contemplated by this Agreement, to any employee of the Companies, Sellers or to any other Person as a result of the consummation of the transactions contemplated herein.
Effect of Consummation. The consummation of the transactions contemplated by this Agreement will not (i) entitle any current or former employee of any Company or any other individual to a bonus, severance pay, unemployment compensation or similar payment by any of the Companies, (ii) otherwise accelerate the time of payment or vesting, or increase the amount of any compensation due to any current or former employee of any Company, (iii) result in any prohibited transaction described in Section 406 of ERISA or Section 4975 of the Code for which an exemption is not available, or (iv) in any way result in any liability of a Company with respect to any Employee Benefit Plan of any Person. Except as set forth in Schedule 3.18(b), none of the Companies is a party or subject to any agreement, contract or other obligation which would require the making of any payment, other than payments as contemplated by this Agreement, to any employee of the Companies, Sellers or to any other Person as a result of the consummation of the transactions contemplated herein.
Effect of Consummation. The consummation of the transactions contemplated by this Agreement will not (i) entitle any current or former employee of the Company or any other individual to a bonus, severance pay, unemployment compensation or similar payment by the Company, (ii) otherwise accelerate the time of payment or vesting, or increase the amount of any compensation due to any current or former employee of the Company, (iii) result in any prohibited transaction described in Section 406 of ERISA or Section 4975 of the Code for which an exemption is not available, or (iv) in any way result in any liability of the Company with respect to any Employee Benefit Plan of any Person. The Company is not a party or subject to any agreement, contract or other obligation which would require the making of any payment, other than payments as contemplated by this Agreement, to any employee of the Company, Sellers or to any other Person as a result of the consummation of the transactions contemplated herein.
Effect of Consummation. Except as set forth in Schedule 4.18(g), the consummation of the transactions contemplated by this Agreement will not (i) entitle any current or former employee of Seller or any other individual to a bonus (other than the Bonus Payments), severance pay, unemployment compensation or similar payment, (ii) otherwise accelerate the time of payment or vesting, or increase the amount of any compensation due to any current or former employee of Seller, (iii) result in any prohibited transaction described in Section 406 of ERISA or Section 4975 of the Code for which an exemption is not available or (iv) in any way result in any additional liability with respect to any Seller Employee Benefit Plan.
Effect of Consummation. The consummation of the transactions contemplated by this Agreement will not (i) entitle any current or former employee of any Acquired Company or any other individual to a bonus, severance pay, unemployment compensation or similar payment, (ii) otherwise accelerate the time of payment or vesting, or increase the amount of any compensation due to any current or former employee of any Acquired Company, (iii) result in any prohibited transaction described in Section 406 of ERISA or Section 4975 of the Code for which an exemption is not available or (iv) in any way result in any additional liability with respect to any Acquired Company Employee Benefit Plan.
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Effect of Consummation. The consummation of the transactions contemplated by this Agreement will not (i) entitle any current or former employee of Company or any other individual to a bonus, severance pay, unemployment compensation or similar payment, except for shares of Common Stock as set forth in Schedule 1.1, which such shares will be issued and outstanding immediately prior to Closing, (ii) otherwise accelerate the time of payment or vesting, or increase the amount of any compensation due to any current or former employee of Company, (iii)result in any prohibited transaction described in Section 406 of ERISA or Section 4975 of the Code for which an exemption is not available or (iv)in any way result in any additional liability with respect to any Company Employee Benefit Plan.
Effect of Consummation on Employee Benefits Schedule 4.25(a)........................................................................................Tax Returns Schedule 4.26.....................................................................
Effect of Consummation. Except as set forth in Schedule 4.24(h) or otherwise disclosed pursuant to this Agreement, the consummation of the transactions contemplated by this Agreement will not (i) entitle any current or former employee of Company or any other individual to a bonus, severance pay or similar payment, (ii) otherwise accelerate the time of payment or vesting, or increase the amount of any compensation due to any current or former employee of Company, except as required by Law with respect to any Plan termination or partial Plan termination, (iii) result in any prohibited transaction described in Section 406 of ERISA or Section 4975 of the Code for which an exemption is not available or (iv) in any way result in any additional liability with respect to any Company Employee Benefit Plan, except for liability that is a direct result of the transactions contemplated by this Agreement.
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