Common use of Officers, Directors and Employees Clause in Contracts

Officers, Directors and Employees. Schedule 6.18 sets forth the name and total compensation of each officer and director of Cantel, and each employee and consultant of Cantel who is paid in excess of $50,000 per year. Except for employment agreements described in Schedule 6.16, Cantel is not a party to any Contractual Obligation which could obligate Cantel to pay severance or other similar compensation to an officer, director, employee or other Person solely as a result of the Merger or other transactions contemplated hereunder.