Common use of Employee Remuneration Clause in Contracts

Employee Remuneration. There is no Contract, plan or arrangement covering any Person that, individually or in the aggregate, could give rise to the payment of any amount that would not be deductible by TAS, the Company or any of their respective Subsidiaries by reason of Section 162(m) of the Code.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Harber Lacy J), Agreement and Plan of Merger (Timco Aviation Services Inc), Agreement and Plan of Merger (Owl Creek I Lp)

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Employee Remuneration. There is no Contract, plan or arrangement covering any Person that, individually or in the aggregate, could give rise to the payment of any amount that would not be deductible by TASParent, the Company or any of their respective Subsidiaries by reason of Section 162(m) of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Checkers Drive in Restaurants Inc /De)

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