No Restrictions on Termination. Except to the extent set forth in Section 3.20(i) of the Disclosure Schedule, no provision of any Seller Plan, other than any such plan that is a "multiemployer plan" within the meaning of Section 4001(a)(3) of ERISA, would result in any limitation on the ability of the Seller and/or any of its Subsidiaries to terminate the plan with respect to employees of the Seller and/or any of its Subsidiaries without material Liability.
No Restrictions on Termination. No provision of any Existing Plan would result in any limitation on the ability of the Company or Purchaser to terminate the Plan.
No Restrictions on Termination. All current employees of the Company are employed on an at will basis. There are no Contracts between the Company and any employee employed in the United States directly relating to the employee’s terms and condition of employment, other than a Contract, including an offer letter or employment agreement, for at will employment. The Company has not made or agreed to make any payment or agreed to provide any severance payment or separation benefits to any current employee of the Company or to any dependent of such employee, in connection with the actual or proposed termination or suspension of employment of such employee. The Company does not have a policy for paying severance or providing separation benefits to terminated employees, except as required by Applicable Law. All current individual or sole proprietor independent contractors of the Company can be terminated with no more than thirty (30) days’ notice.
No Restrictions on Termination. No provision of any Seller Plan would result in any limitation on the ability of Seller to terminate the plan with respect to the Employees.
No Restrictions on Termination. To the Knowledge of each of TSI and Teligent, except as set forth in Section 3.16 of the Joint Disclosure Schedule, no provision of any Seller Plan would result in any limitation on the ability of TSI or Teligent to terminate the plan with respect to employees of the TSI Business or the Teligent Business.
No Restrictions on Termination. To the Knowledge of the Seller, except as set forth in Section 3.26 of the Seller Disclosure Schedule, no provision of any Seller Plan would result in any limitation on the ability of the Seller to terminate the plan with respect to employees of the Business.
No Restrictions on Termination. No provision of any Employee Plan would result in any limitation on the ability of the Company to terminate such Employee Plan with respect to the employees of the Company without material liability.
No Restrictions on Termination. Except as required to maintain the tax-qualified status of any Existing Plan intended to qualify under Section 401(a) of the Code, no provision of any Existing Plan would limit the ability of any Subscriber, the Company, or Holdco One to amend or terminate any Existing Plan.
No Restrictions on Termination. As a condition of granting the Unit, the Executive agrees that nothing herein contained shall affect or restrict the right of the Company to terminate his employment at any time for any reason, with or without Good Cause.
