Common use of No Payments to Employees, Officers and Directors Clause in Contracts

No Payments to Employees, Officers and Directors. Section 3.9 of the RMSI Disclosure Letter contains a true and complete list of all arrangements, agreements or plans pursuant to which any cash or non-cash payments or other obligation will become payable, accelerate the time of payment or vesting or increase any amount currently payable (and the maximum aggregate amount which may be payable thereunder) to each employee, officer or director of RMSI or any RMSI Subsidiary as a result of the Merger (assuming no termination of service).

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Richmont Marketing Specialists Inc), Agreement and Plan of Merger (Ultimate Food Sales Inc), 6 Agreement and Plan of Merger (Butler Bruce A)

AutoNDA by SimpleDocs

No Payments to Employees, Officers and Directors. Section 3.9 of the ------------------------------------------------ RMSI Disclosure Letter contains a true and complete list of all arrangements, agreements or plans pursuant to which any cash or non-cash payments or other obligation will become payable, accelerate the time of payment or vesting or increase any amount currently payable (and the maximum aggregate amount which may be payable thereunder) to each employee, officer or director of RMSI or any RMSI Subsidiary as a result of the Merger (assuming no termination of service).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Monroe James L), Voting Agreement (Merkert American Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.