Common use of Future Commitments Clause in Contracts

Future Commitments. Neither the Company nor any Subsidiary has any announced plan or 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 Closing Date.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

Future Commitments. Neither the Company nor any Subsidiary has announced any announced 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 to the Shareholders prior extent necessary or appropriate to Closing and for which there shall be no liability whatsoever on and following the Closing Date.comply with applicable Law. SECTION 4.14

Appears in 2 contracts

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

Future Commitments. Neither the Company nor any Subsidiary has any an announced 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 Closing Date.. 37

Appears in 1 contract

Samples: Share Purchase Agreement (Manitowoc Co Inc)

Future Commitments. Neither the Company nor any Company Subsidiary has announced any announced plan or legally binding commitment to create any additional Employee Plans/Agreements or to amend or modify any existing Employee PlanPlans/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 Closing DateAgreements.

Appears in 1 contract

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

AutoNDA by SimpleDocs

Future Commitments. Neither the Company nor any Consolidated Subsidiary has announced any announced plan or commitment entered into any Contract to create any additional Employee Plans/Agreements Agreement 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 Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Steelcase Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!