Common use of No COBRA Violation Clause in Contracts

No COBRA Violation. Neither the Company nor any Affiliate has, prior to the Effective Time and in any material respect, violated any of the health care continuation requirements of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or any similar provisions of state law applicable to its employees.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Tut Systems Inc), Agreement and Plan of Reorganization (Tut Systems Inc)

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No COBRA Violation. Neither the Company nor any Affiliate has, ------------------ prior to the Effective Time and in any material respect, Closing violated any of the health care continuation requirements of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or any similar provisions of state law applicable to its employees.

Appears in 1 contract

Samples: Share Acquisition Agreement (Concentric Network Corp)

No COBRA Violation. Neither the Company nor any Affiliate has, ------------------ prior to the Effective Time and in any material respect, violated any of the health care continuation requirements of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or any similar provisions of state law applicable to its employees.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Tut Systems Inc)

No COBRA Violation. Neither the Company nor any Affiliate has, prior to the Effective Time and violated in any a material respect, violated way any of the health care continuation requirements of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or any similar provisions of state law applicable to its employeesemployees which violation would result in a material liability for the Company.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Electronic Transmission Corp /De/)

No COBRA Violation. Neither the Company nor any Affiliate has, prior to the Effective Time and in any material respect, violated any of the health care continuation requirements of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or any similar provisions of state law applicable to its employees.

Appears in 1 contract

Samples: Employment Agreement (Platinum Software Corp)

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No COBRA Violation. Neither the Company nor any Affiliate has, prior to the Effective Time and in any material respect, violated any of the health care continuation requirements of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or any similar provisions of state law applicable to its employees.. (i)

Appears in 1 contract

Samples: Agreement and Plan (Cypress Semiconductor Corp /De/)

No COBRA Violation. Neither the Company C1 nor any Affiliate has, prior to the Effective Time and Time, violated in any material respect, violated any of the health care continuation requirements of the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended, or any similar provisions of state law applicable to its employees.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Commerce One Inc)

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