Common use of Employee Compensation Plans Clause in Contracts

Employee Compensation Plans. The Company is not party to, or bound by any currently effective employment contracts, deferred compensation agreements, bonus plans, incentive plans, profit sharing plans, retirement agreements or other employee compensation agreements. Subject to applicable law, the employment of each officer and employee of the Company is terminable at the will of the Company.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Whitney Information Network Inc), Stock Purchase Agreement (Whitney Information Network Inc), Stock Purchase Agreement (Whitney Information Network Inc)

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Employee Compensation Plans. The Company is not party to, to or bound by any currently effective employment contracts, deferred compensation agreements, bonus plans, incentive plans, profit sharing plans, retirement agreements agreements, employee benefit plan subject to the Employee Retirement Income Security Act of 1974 or other employee compensation agreements. Subject to applicable law, the employment of each officer and employee of the Company is terminable at the will of the Company.

Appears in 3 contracts

Samples: Preferred Stock Purchase Agreement (Netratings Inc), Preferred Stock Purchase Agreement (Netratings Inc), Preferred Stock Purchase Agreement (Netratings Inc)

Employee Compensation Plans. The Company is not party to, to or bound by any currently effective employment contracts, deferred compensation agreements, bonus plans, incentive plans, profit sharing plans, retirement agreements agreements, or other employee compensation agreements. Subject to applicable law, the employment of each officer and employee of the Company is terminable at the will of the Company.

Appears in 2 contracts

Samples: Series E Preferred Stock Purchase Agreement (Concur Technologies Inc), Preferred Stock Purchase Agreement (Concur Technologies Inc)

Employee Compensation Plans. The Company is not a party to, to or bound by any currently effective employment contracts, deferred compensation agreements, bonus plans, incentive plansplans (other than the 1997 Stock Option Plan), profit sharing plans, retirement agreements agreements, employee benefit plan subject to the Employee Retirement Income Security Act of 1974, or other employee compensation agreements. Subject to applicable law, the employment of each officer and employee of the Company is terminable at the will of the Company.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Avistar Communications Corp)

Employee Compensation Plans. The Company is not a party to, to or bound by any currently effective employment contracts, deferred compensation agreements, bonus plans, incentive plans, profit sharing plans, retirement agreements or other employee compensation agreements, except as provided by the Founders' Agreement. Subject to applicable law, the employment of each officer and employee of the Company is terminable at the will of the Company, except as provided by the Founders' Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Insweb Corp)

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Employee Compensation Plans. The Company is not a party to, or to nor bound by any currently effective employment contracts, deferred compensation agreements, bonus plans, incentive plans, profit sharing plans, retirement agreements or other employee compensation agreements. Subject to applicable law, the employment offer of each officer and employee of the Company is terminable at the will of the Company.

Appears in 1 contract

Samples: Purchase Agreement (General Electric Co)

Employee Compensation Plans. The Company is not party to, to or --------------------------- bound by any currently effective employment contracts, deferred compensation agreements, bonus plans, incentive plans, profit sharing plans, retirement agreements agreements, employee benefit plan subject to the Employee Retirement Income Security Act of 1974 or other employee compensation agreements. Subject to applicable law, the employment of each officer and employee of the Company is terminable at the will of the Company.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (TVN Entertainment Corp)

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