Common use of Effect of Transaction Clause in Contracts

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i) of the Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Oncothyreon Inc.), Agreement and Plan of Reorganization (Biomira Inc), Agreement and Plan of Reorganization (Biomira CORP)

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Effect of Transaction. (i) Except as set forth on in Section 3.16(g)(i2.12(h) of the Company Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Benefit Plan or Company Employee Plan, Employee Agreement, trust or loan Agreement that will or may result in any material payment (whether of severance pay or otherwise), accelerationacceleration of any material payment, forgiveness of material indebtedness, vesting, distribution, material increase in benefits or obligation to fund benefits with respect to any Company Employee.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Divx Inc), Agreement and Plan of Merger (Divx Inc), Agreement and Plan of Merger (Sonic Solutions/Ca/)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(iPart 2.14(i) of the Disclosure ScheduleCompany Schedules, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employeeformer or current Employee or director.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Andover Net Inc), Agreement and Plan of Reorganization (Va Linux Systems Inc), Agreement and Plan (Va Linux Systems Inc)

Effect of Transaction. (i) Except as set forth on in Section 3.16(g)(i2.11(i)(i) of the Disclosure Company Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby Transactions will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Avantgo Inc), Agreement and Plan of Merger (Avantgo Inc), Agreement and Plan of Merger (Predictive Systems Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i3.22(h) of the Seller Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Continuing Employee.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Sirenza Microdevices Inc), Asset Purchase Agreement (Sirenza Microdevices Inc), Asset Purchase Agreement (Vari L Co Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i2.11(i) of the Disclosure Company Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Sybase Inc), Agreement and Plan of Reorganization (New Era of Networks Inc)

Effect of Transaction. (i) Except as provided in Section 1.6 of this Agreement or as set forth on Section 3.16(g)(i) of the Disclosure ScheduleSchedule 2.21(h)(i), the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (International Network Services), Agreement and Plan of Reorganization (Context Integration Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i) of the Computervision Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Computervision Employee Plan, Employee Agreement, trust or loan or applicable law that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Computervision Corp /De/), Agreement and Plan of Reorganization (Parametric Technology Corp)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i5.18(e) of the Seller Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust Plan or loan Employment Agreement that will or may would reasonably result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Be Inc), Asset Purchase Agreement (Be Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i2.11(g) of the Interwave Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Interwave Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 2 contracts

Samples: Agreement and Plan of Amalgamation (Interwave Communications International LTD), Agreement and Plan of Amalgamation (Alvarion LTD)

Effect of Transaction. (i1) Except as set forth on Section 3.16(g)(i3.12(i)(1) of the Disclosure ScheduleSchedules, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Target Employee Plan, Employee Target Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Target Employee.

Appears in 2 contracts

Samples: Plan and Agreement of Merger (Avocent Corp), Plan and Agreement of Merger (Equinox Systems Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(iSchedule 2.20(i) of the Stockholder Disclosure ScheduleLetter, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Cendant Corp), Agreement and Plan of Reorganization (Cendant Corp)

Effect of Transaction. (i) Except as set forth on described in Section 3.16(g)(i2.11(i) of the Company Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any material payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employeeofficer or employee of the Company.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Kforce Inc), Agreement and Plan of Merger (Hall Kinion & Associates Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(iSchedule 2.11(i) of the Disclosure ScheduleOccam Schedules, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Occam Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Accelerated Networks Inc), Exhibit 1 (Occam Networks Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i4.22(j) of the Disclosure ScheduleLetter, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Yext, Inc.)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i2.22(h) of the Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xicor Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i2.12(i) of the Disclosure --------------------- Company Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Novell Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(idisclosed in Part 2.12(i)(i) of the Disclosure ScheduleCompany Letter, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Imall Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(iSchedule 2.20(c) of the Company Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization by And (Forbes Medi Tech Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i2.20(i) of the Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtednessIndebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (MedQuist Holdings Inc.)

Effect of Transaction. (i) Except as set forth on in Section 3.16(g)(i2.20(g) of the Disclosure ScheduleLetter, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Share Purchase Agreement (Smartforce Public LTD Co)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i5.25(i) of the Company Disclosure ScheduleLetter, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Infospace Inc)

Effect of Transaction. (i) Except as set forth on in Section 3.16(g)(i4.13(h)(i) of the Company Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Stock Purchase Agreement (SolarWinds, Inc.)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i) of the Disclosure ScheduleSchedule 2.20(i)(i), the execution of ------------------- this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Autodesk Inc)

Effect of Transaction. (i) Except as set forth on in Section 3.16(g)(i2.22(j) of the Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nuance Communications, Inc.)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(iSections 2.3(b) or 2.22(i) of the Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (E Piphany Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(iSchedule 2.15(l) of the Company Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Merger Agreement and Plan (Google Inc.)

Effect of Transaction. (i) Except as provided in Section 1.6 of this Agreement or as set forth on Section 3.16(g)(i) of the Disclosure ScheduleSchedule 2.23(h)(i), the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Summit Design Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i) of the Disclosure ScheduleSchedule 2.20(d)(i), the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee AgreementBenefit Arrangement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Share Purchase Agreement (Edwards J D & Co)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i5.24(i) of the Company Disclosure ScheduleLetter, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Infospace Com Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(iin Part 2.17(i) of the Company Disclosure Schedule, neither the execution or delivery of this Agreement and nor the consummation of any of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Applied Materials Inc /De)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i2.22(i) of the Company Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Share Acquisition Agreement (Mediaplex Inc)

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Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i3.22(h) of the Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby Transactions will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sybase Inc)

Effect of Transaction. (i) Except as provided in Section 1.9 of this Agreement or as set forth on Section 3.16(g)(i) of the Disclosure Schedulein Schedule 2.25(i)(i), the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Zapworld Com)

Effect of Transaction. (i) Except To the knowledge of the Company, except as set forth on Section 3.16(g)(iPart 3.3(a) of the Disclosure ScheduleCompany Schedules, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Plan or Employee Agreement, trust or loan Agreement that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Capital Stock Purchase Agreement (Amazing Technologies Corp.)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i) of the Disclosure ScheduleSchedule 2.24(i)(i), the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Sagent Technology Inc)

Effect of Transaction. (i) Except as provided in Section 1.6 of this Agreement or as set forth on Section 3.16(g)(i) of the Disclosure ScheduleSchedule 2.15(h)(i), the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Adept Technology Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i) of the Disclosure ScheduleSchedule 2.21(k)(i), the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Avt Corp)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i2.13(i) of the Disclosure ScheduleCompany Schedules, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Trusted Information Systems Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i5.18(e) of the Seller --------------- Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust Plan or loan Employment Agreement that will or may would reasonably result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Asset Purchase Agreement (Palm Inc)

Effect of Transaction. (i) Except as set forth on Schedule 4.17(i) or as required by Section 3.16(g)(i) of the Disclosure Schedule7.3, the execution of this Agreement and the consummation of the transactions contemplated hereby Transaction will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Seller Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Boston Celtics Limited Partnership /De/)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i) of the Disclosure ScheduleSchedule --------------------- -------- 3.21(g), the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Retained Employee.

Appears in 1 contract

Samples: Asset Purchase Agreement (Integrated Circuit Systems Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i2.19(i) of --------------------- the Company Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Stock Purchase Agreement (Somera Communications Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i3.21(k)(i) of the Disclosure ScheduleLetter, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Share Purchase Agreement (NightHawk Radiology Holdings Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i3.26(h) of the Disclosure ScheduleSchedules, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtednessDebt, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Overland Storage Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(iSchedule 3.17(b) of the Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Company Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Stock Purchase Agreement (CAI International, Inc.)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i2.18(i) of the Disclosure Company Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Employment Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Stock Purchase Agreement (Usi Holdings Corp)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(iin Part 2.21(h)(i) of the Company Disclosure ScheduleLetter, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Tibco Software Inc)

Effect of Transaction. (i) 2.20.8.1 Except as set forth on in Section 3.16(g)(i) 2.20.8.1 of the Company Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Data Dimensions Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i) of the Disclosure ScheduleSchedule 3.11(i), the ---------------- execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Linfinity Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Symmetricom Inc)

Effect of Transaction. (i) Except as set forth on Section 3.16(g)(i2.24(i) of the Company Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Socket Communications Inc)

Effect of Transaction. (i) Except as set forth on in Section 3.16(g)(i2.22(i) of the Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Gartner Inc)

Effect of Transaction. (i) Except as set forth on in Section 3.16(g)(i2.22(j) of the Disclosure Schedule, the execution of this Agreement and the consummation of the transactions contemplated hereby will not (either alone or upon the occurrence of any additional or subsequent events) constitute an event under any Company Employee Plan, Employee Agreement, trust or loan that will or may result in any payment (whether of severance pay or otherwise), acceleration, forgiveness of indebtedness, vesting, distribution, material increase in benefits or obligation to fund benefits with respect to any Employee.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nuance Communications, Inc.)

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