Common use of No Retention Agreements Clause in Contracts

No Retention Agreements. Except as set forth on Schedule 3.26, there are no retention agreements, severance agreements, change of control agreements and similar arrangements to which the Company, on the one hand, and any employee, consultant or other Person, on the other hand, are a party.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Innovative Micro Technology Inc), Stock Purchase Agreement (L 3 Communications Corp), Stock Purchase Agreement (Innovative Micro Technology Inc)

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No Retention Agreements. Except as set forth on Schedule 3.26, there are no retention agreements, severance agreements, change of control agreements and similar arrangements to which the Company, on the one hand, and any employee, consultant or other Person, on the other hand, are is a partyparty and none of such agreements will be violated or have any severance or retention clauses triggered by the consummation of the transactions contemplated in this Agreement.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Innovative Micro Technology Inc)

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