Common use of No Post-Employment Obligations Clause in Contracts

No Post-Employment Obligations. No Company Employee Plan provides, or reflects or represents any liability to provide post-termination or retiree welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company nor any Company ERISA Affiliate has ever represented, promised or contracted (other than in written form) to any Employee (either individually or to Company Employees as a group) or any other person that such Employee(s) or other person would be provided with post-termination or retiree welfare benefits, except to the extent required by statute.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Palm Inc), Agreement and Plan of Reorganization (Palm Inc)

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No Post-Employment Obligations. No Company Employee Plan provides, or reflects or represents any liability to provide post-termination or retiree welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company nor any Company ERISA Affiliate has ever represented, promised or contracted (other than whether in oral or written form) to any Employee (either individually or to Company Employees as a group) or any other person that such Employee(s) or other person would be provided with post-termination or retiree welfare benefits, except to the extent required by statute.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Polycom Inc)

No Post-Employment Obligations. No Company Employee Plan provides, or reflects or represents any liability to provide post-termination or retiree welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company nor any Company ERISA Affiliate has ever represented, promised or contracted (other than whether in oral or written form) to any Company Employee (either individually or to Company Employees as a group) or any other person that such Company Employee(s) or other person would be provided with post-termination or retiree welfare benefits, except to the extent required by statute.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Omeros Corp)

No Post-Employment Obligations. No Company Employee Plan provides, or reflects or represents any liability Liability to provide provide, post-termination or retiree life insurance, health or other retiree employee welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company nor any Company of its ERISA Affiliate Affiliates has ever represented, promised or contracted (other than whether in oral or written form) to any Employee Company Personnel (either individually or to Company Employees Personnel as a group) or any other person that such Employee(s) Company Personnel or other person would be provided with post-termination or retiree life insurance, health or other employee welfare benefitsbenefit, except to the extent required by statute.

Appears in 1 contract

Samples: Stock Purchase Agreement (Caliper Life Sciences Inc)

No Post-Employment Obligations. No Company Employee Plan provides, or reflects or represents any liability to provide post-termination or retiree welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company nor any Company ERISA Affiliate has ever represented, promised or contracted (other than whether in oral or written form) to any Employee (either individually or to Company Employees as a group) or any other person that such Employee(s) or other person would be provided with post-termination or retiree welfare benefits, except to the extent required by statute.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sirenza Microdevices Inc)

No Post-Employment Obligations. No Company Employee Plan provides, or reflects or represents any liability to provide post-termination or retiree welfare benefits to any person Person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company Acquired Companies nor any Company ERISA Affiliate has ever represented, promised or contracted (other than whether in oral or written form) to any Employee (either individually or to Company Employees as a group) or any other person Person that such Employee(s) or other person Person would be provided with post-termination or retiree welfare benefits, except to the extent required by statute.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Tellabs Inc)

No Post-Employment Obligations. No Company Employee Plan provides, or reflects or represents any liability to provide provide, post-termination or retiree life insurance, health or other employee welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company nor any Company ERISA Affiliate has ever represented, promised or contracted (other than whether in oral or written form) to any Employee employee (either individually or to Company Employees employees as a group) or any other person that such Employee(semployee(s) or other person would be provided with post-termination life insurance, health or retiree other employee welfare benefits, except to the extent required by statute.

Appears in 1 contract

Samples: Acquisition Agreement (Newgistics, Inc)

No Post-Employment Obligations. No Company Employee Plan provides, or reflects or represents any liability to provide post-termination or retiree welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company nor Company, the Subsidiary, and any Company ERISA Affiliate has ever have never represented, promised or contracted (other than whether in oral or written form) to any Employee (either individually or to Company Employees as a group) or any other person that such Employee(s) or other person would be provided with post-termination or retiree welfare benefits, except to the extent required by statute.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pc Tel Inc)

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No Post-Employment Obligations. No Company Employee Plan provides, or reflects or represents any liability to provide provide, post-termination or retiree life insurance, health or other employee welfare benefits to any person Person for any reason, except as may be required by COBRA or other applicable statuteApplicable Law, and neither the Company nor any Company ERISA Affiliate Subsidiary has ever represented, promised or contracted (other than whether in oral or written form) to any Employee employee (either individually or to Company Employees employees as a group) or any other person Person that such Employee(semployee(s) or other person Person would be provided with post-termination life insurance, health or retiree other employee welfare benefits, except to the extent required by statute.

Appears in 1 contract

Samples: Share Purchase Agreement (Cohu Inc)

No Post-Employment Obligations. No Company Employee Plan or Employee Agreement provides, or reflects or represents any liability to provide provide, post-termination or retiree life insurance, health or other employee welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company nor any Company ERISA Affiliate has ever never represented, promised or contracted (other than whether in oral or written form) to any Employee employee (either individually or to Company Employees employees as a group) or any other person that such Employee(semployee(s) or other person would be provided with post-termination life insurance, health or retiree other employee welfare benefits, except to the extent required by statute.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Supergen Inc)

No Post-Employment Obligations. No Company Employee Plan or Employee Agreement provides, or reflects or represents any liability to provide provide, post-termination or retiree welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company nor any Company ERISA Affiliate has ever represented, promised or contracted (other than whether in oral or written form) to any Employee (either individually or to Company Employees as a group) or any other person that such Employee(s) or other person would be provided with post-termination or retiree welfare or other non-pension benefits, except to the extent required by statute.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Netscreen Technologies Inc)

No Post-Employment Obligations. No Company Employee Plan provides, or reflects or represents any liability to provide post-termination or retiree welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and neither the Company nor any Company ERISA Affiliate Transferor has ever never represented, promised or contracted (other than whether in oral or written form) to any Employee (either individually or to Company Employees as a group) or any other person that such Employee(s) or other person would be provided with such post-termination or retiree welfare benefits, except to the extent required by statute. No Employee Plan or Employment Contract provides welfare benefits that are not fully insured through an insurance contract.

Appears in 1 contract

Samples: Asset Transfer Agreement (Corio Inc)

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