Common use of No Employment Discussions Clause in Contracts

No Employment Discussions. Except as approved by the Company Board, at all times after the date of this Agreement, Parent and Merger Sub will not, and will not permit any of their Subsidiaries or controlled Affiliates to authorize, make or enter into, or commit or agree to enter into, any formal or informal arrangements, agreements or other understandings with any executive officer of the Company (i) regarding any continuing employment or consulting relationship with the Surviving Corporation from and after the Effective Time; or (ii) pursuant to which any such individual would be entitled to receive consideration of a different amount or nature than the Per Share Price in respect of such holder’s shares of Company Common Stock; or (iii) pursuant to which such individual would agree to provide, directly or indirectly, equity investment to Parent, Merger Sub or the Company to finance any portion of the Offer or the Merger.

Appears in 1 contract

Samples: Merger Agreement (Castlight Health, Inc.)

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No Employment Discussions. Except as approved by the Company Board, at all times after during the date period commencing with the execution and delivery of this AgreementAgreement and continuing until the earlier to occur of the termination of this Agreement pursuant to Article VIII and the Effective Time, Parent and Merger Sub will not, and will not permit any of their Subsidiaries or controlled Affiliates to authorize, make or enter into, or commit or agree to enter into, any formal or informal arrangements, agreements arrangements or other understandings (whether or not binding) with any executive officer of the Company (i) regarding any continuing employment or consulting relationship with the Surviving Corporation from and after the Effective Time; or (ii) pursuant to which any such individual would be entitled to receive consideration of a different amount or nature than the Per Share Price in respect of such holder’s shares of Company Common Stock; or (iii) pursuant to which such individual would agree to provide, directly or indirectly, equity investment to Parent, Merger Sub or the Company to finance any portion of the Offer or the Merger.

Appears in 1 contract

Samples: Merger Agreement (Innophos Holdings, Inc.)

No Employment Discussions. Except as approved by the Company Board, at all times after prior to the date of this AgreementClosing, Parent and Merger Sub will not, and will not permit any of their Subsidiaries or controlled Affiliates to authorizeto, make or enter into, or commit or agree to enter into, any formal or informal arrangements, agreements arrangements or other understandings (whether or not binding) with any executive officer of the Company (ia) regarding any continuing employment or consulting relationship with the Surviving Corporation from and after the Effective Time; or , (iib) pursuant to which any such individual would be entitled to receive consideration of a different amount or nature than the Per Share Price Merger Consideration in respect of such holder’s shares of Company Common Stock; Shares or (iiic) pursuant to which such individual would agree to provide, directly or indirectly, equity funding or investment to Parent, Merger Sub or the Company to finance any portion of the Offer or the Merger.

Appears in 1 contract

Samples: Merger Agreement (United States Steel Corp)

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No Employment Discussions. Except as approved by the Company Board, at all times after the date of this AgreementAgreement Date, Parent and Merger Sub will not, and will not permit any of their Subsidiaries or controlled Affiliates to authorize, make or enter into, or commit or agree to enter into, any formal or informal arrangements, agreements or other understandings with any executive officer of the Company (ia) regarding any continuing employment or consulting relationship with the Surviving Corporation Company from and after the Effective Time; or (iib) pursuant to which any such individual would be entitled to receive consideration of a different amount or nature than the Per Share Price in respect of such holder’s shares of Company Common StockOrdinary Shares; or (iiic) pursuant to which such individual would agree to provide, directly or indirectly, equity investment to Parent, Merger Sub or the Company to finance any portion of the Offer or the Merger.

Appears in 1 contract

Samples: Merger Agreement (Tufin Software Technologies Ltd.)

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