Common use of Employee Benefit Plans; New Hires; Pay Increases Clause in Contracts

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new officer-level employee, pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof), or increase the salaries or wage rates of any employee;

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new officer-director level or officer level employee, pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof)director, or increase the salaries or wage rates of any employeeits employees;

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new officer-director level employeeor officer level employee (except that it may hire a replacement for any current director level or officer level employee if it first provides Acquiror advance notice regarding such hiring decision), pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof)director, or increase the salaries or wage rates of any employeeits employees;

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase purchase, option or option other equity incentive plan, enter into any employment Contract, or hire any new officer-level employeeemployees, pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof)director, or increase the salaries or wage rates of any employeeits employees, except in the ordinary course of business consistent with past practice;

Employee Benefit Plans; New Hires; Pay Increases. Adopt adopt or amend any employee benefit or stock purchase or option planPlan, enter into any employment Contractexcept as required by Law, or hire any new officer-level employeeconsultant or employee (except as permitted under the Working Operating Plan), pay any special bonus or special remuneration to any employee employee, consultant or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof), or increase the salaries or salaries, wage rates or compensation of any employeeemployee or consultant;

Employee Benefit Plans; New Hires; Pay Increases. Adopt adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new officer-director level or officer level, consultant or employee, pay any special bonus or special remuneration to any employee employee, consultant or director (except payments made pursuant other than a one-time bonus to written agreements outstanding on the date hereof and that have been delivered to Purchaser certain employees immediately prior to the date hereofClosing in an aggregate amount of approximately $100,000, plus applicable taxes), or increase the salaries or salaries, wage rates or compensation of any employee;employee or consultant.

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contractplan (except as provided in Section 6.16 below), or hire any new officer-director level or officer level employee, pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof), or increase the salaries or wage rates of any employeeits employees other than pursuant to normal yearly adjustments in accordance with past practice;

Employee Benefit Plans; New Hires; Pay Increases. Adopt adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new director-level or officer-level employeeemployee or consultant, pay any special bonus or special remuneration to any employee employee, consultant, director or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof), officer or increase the salaries salary, wage rate or wage rates compensation of any employee, consultant, director or officer;

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new officer-director level employeeor officer level employee (except that it may hire a replacement for any current director level or officer level employee if it first provides the Purchasers advance notice regarding such hiring decision), pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof)director, or increase the salaries or wage rates of any employeeits employees;

Employee Benefit Plans; New Hires; Pay Increases. Adopt adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new officer-level consultant or employee, pay any special bonus or special remuneration to any employee employee, consultant or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof), or increase the salaries or salaries, wage rates or compensation of any employeeemployee or consultant, except in the ordinary course of business consistent with past practice;

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract(except as expressly contemplated by this Agreement), or hire any new officer-director level or officer level employee, pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof), or increase the salaries or wage rates of any employeeits employees other than pursuant to normal adjustments in accordance with past practice and except as provided on Schedule 5.2;

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contractplan or PSMI Plan (except as may be required to conform to changes in Applicable Laws), or hire any new officer-director level or officer level employee, pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof)director, or increase the salaries or wage rates of any employeeits employees;

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new officer-level employeeemployee or any consultant, pay any special bonus or special remuneration to any employee, consultant or director, increase the salaries, wage rates or compensation of any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof), or increase the salaries or wage rates of any employeeconsultant;

Employee Benefit Plans; New Hires; Pay Increases. Adopt Except as required by law, adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire or fire any new officer-director level or officer level employee, pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof)director, or increase the salaries or wage rates of any employeeits employees;

Employee Benefit Plans; New Hires; Pay Increases. Adopt adopt or amend (except as may be required by applicable Law) any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new officer-level consultant or employee, pay any special bonus or special remuneration to any employee employee, consultant or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof), or increase the salaries or salaries, wage rates or compensation of any employeeemployee or consultant;

Employee Benefit Plans; New Hires; Pay Increases. Adopt adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new officer-director level or officer level consultant or employee, pay any special bonus or special remuneration to any employee employee, consultant or director (except payments made other than pursuant to written agreements outstanding cash bonus arrangements set forth on the date hereof Company Disclosure Schedule and that have been delivered to Purchaser entered into by the Company or its Subsidiaries prior to the date hereof), or increase the salaries or salaries, wage rates or compensation of any employeeemployee or consultant;

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, plan or hire any new officer-director level or officer level employee, pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof)director, or increase the salaries or wage rates of its employees other than pursuant to scheduled annual performance reviews, provided that any employeeresulting modifications are in the ordinary course of business and consistent with Company’s past practices;

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit or stock purchase or option plan, enter into any employment Contract, or hire any new officer-level employeebenefit, pay any special bonus bonuses or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof), other than pre-existing obligations) or increase the salaries salaries, bonuses or wage rates of any employeeits employees;

Employee Benefit Plans; New Hires; Pay Increases. Adopt adopt or amend any employee benefit or stock purchase or option plan, enter into any employment ContractPlan, or hire any new officer-level consultant or employee, pay any special bonus or special remuneration to any employee employee, consultant or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof), or increase the salaries or salaries, wage rates or compensation of any employeeemployee or consultant (other than as may be required by the terms of any Contract or any Plan or as may be required by Law;

Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit (except as required by law) or stock purchase or option plan, enter into any employment Contract, or hire any new officer-director level employeeor officer level employee (except that it may hire a replacement for any current director level or officer level employee if it first provides Acquiror advance notice regarding such hiring decision), pay any special bonus or special remuneration to any employee or director (except payments made pursuant to written agreements outstanding on the date hereof and that have been delivered to Purchaser prior to the date hereof)director, or increase the salaries or wage rates of any employeeits employees;