Common use of Future Commitments Clause in Contracts

Future Commitments. Neither the Company nor any Subsidiary has announced any plan or legally binding commitment to create any additional Employee Plans/Agreements or to amend or modify any existing Employee Plan/Agreement, except to the extent necessary or appropriate to comply with applicable Law. SECTION 4.14

Appears in 2 contracts

Samples: Merger Agreement (Impact Systems Inc /Ca/), Merger Agreement (Voith Sulzer Acquisition Corp)

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Future Commitments. Neither the Company nor any Subsidiary has any announced any plan or legally binding commitment to create any additional Employee Plans/Agreements or to amend or modify any existing Employee Plan/Agreement, except for retention agreements which shall be fully satisfied by the Shareholders prior to Closing and for which there shall be no liability whatsoever on and following the extent necessary or appropriate to comply with applicable Law. SECTION 4.14Closing Date.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Carmike Cinemas Inc), Stock Purchase Agreement (Carmike Cinemas Inc)

Future Commitments. Neither the Company nor any Subsidiary has an announced any plan or legally binding commitment to create any additional Employee Plans/Agreements or to amend or modify any existing Employee Plan/Agreement, except to the extent necessary or appropriate to comply with applicable Law. SECTION 4.1437

Appears in 1 contract

Samples: Share Purchase Agreement (Manitowoc Co Inc)

Future Commitments. Neither the Company nor any Company Subsidiary has announced any plan or legally binding commitment to create any additional Employee Plans/Agreements or to amend or modify any existing Employee PlanPlans/Agreement, except to the extent necessary or appropriate to comply with applicable Law. SECTION 4.14Agreements.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tickets Com Inc)

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Future Commitments. Neither the Except as described in Schedule 3.15.(i), neither Company nor any Subsidiary has any announced any plan or legally binding commitment to create any additional Employee Plans/Agreements or to amend or modify any existing Employee Plan/Agreement, except to the extent necessary or appropriate to comply with applicable Law. SECTION 4.14.

Appears in 1 contract

Samples: Stock Purchase Agreement (Abr Information Services Inc)

Future Commitments. Neither the Company nor any Consolidated Subsidiary has announced any plan or legally binding commitment entered into any Contract to create any additional Employee Plans/Agreements Agreement or to amend or modify any existing Employee Plan/Agreement, except to the extent necessary or appropriate to comply with applicable Law. SECTION 4.14.

Appears in 1 contract

Samples: Stock Purchase Agreement (Steelcase Inc)

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