Common use of Other Compensation Plans Clause in Contracts

Other Compensation Plans. Section 4.26(c) of the Disclosure Statement accurately lists all Other Compensation Plans either remaining executory at the date of this Agreement or to later become effective. The Company has provided OEI with a true, correct and complete copy of each of the listed Other Compensation Plans that is in writing and an accurate description of each of the listed Other Compensation Plans that is not written. Except as accurately set forth in Section 4.26(c) of the Disclosure Statement, each of the Other Compensation Plans, including each that is a Welfare Plan, may be unilaterally amended or terminated by the Company or any Company Subsidiary without liability to any of them, except as to benefits accrued thereunder prior to amendment or termination.

Appears in 1 contract

Samples: Oei International Inc

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Other Compensation Plans. Section 4.26(c) of the Disclosure Statement accurately lists all Other Compensation Plans either remaining executory at the date of this Agreement or to later become effective. The Company has provided OEI TMI with a true, correct and complete copy of each of the listed Other Compensation Plans that is in writing and an accurate description of each of the listed Other Compensation Plans that is not written. Except as accurately set forth in Section 4.26(c) of the Disclosure Statement, each of the Other Compensation Plans, including each that is a Welfare Plan, may be unilaterally amended or terminated by the Company or any Company Subsidiary without liability to any of them, except as to benefits accrued thereunder prior to amendment or termination.

Appears in 1 contract

Samples: Triad Medical Inc

Other Compensation Plans. Section 4.26(c4.25(c) of the Disclosure Statement accurately lists all Other Compensation Plans either remaining executory at the date of this Agreement or to later become effective. The Company has provided OEI Purchaser with a true, correct and complete copy of each of the listed Other Compensation Plans that is in writing and an accurate description of each of the listed Other Compensation Plans that is not written. Except as accurately set forth in Section 4.26(c) of the Disclosure Statement, each of the Other Compensation Plans, including each that is a Welfare Plan, may be unilaterally amended or terminated by the Company or any Company Subsidiary without liability to any of them, except as to benefits accrued thereunder prior to amendment or termination.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Omnilynx Communications Corp)

Other Compensation Plans. Section 4.26(c) of the Disclosure Statement accurately lists all Other Compensation Plans either remaining executory at the date of this Agreement hereof or to later become effectiveeffective after the date hereof. The Company has provided OEI ARS with a true, correct and complete copy of each of the listed those Other Compensation Plans that is in writing and an accurate description of each of the listed those Other Compensation Plans that is not written. Except as accurately set forth in Section 4.26(c) of the Disclosure Statement, each of the Other Compensation Plans, including each that is a Welfare Plan, may be unilaterally amended or terminated by the Company or any Company Subsidiary without liability to any of them, except as to benefits accrued thereunder prior to that amendment or termination.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Timmons Gorden H)

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Other Compensation Plans. Section 4.26(c) of the Disclosure Statement accurately lists all Other Compensation Plans either remaining executory at the date of this Agreement or to later become effective. The Company has provided OEI WORK with a true, correct and complete copy of each of the listed Other Compensation Plans that is in writing and an accurate description of each of the listed Other Compensation Plans that is not written. Except as accurately set forth in Section 4.26(c) of the Disclosure Statement, each of the Other Compensation Plans, including each that is a Welfare Plan, may be unilaterally amended or terminated by the Company or any Company Subsidiary without liability to any of them, except as to benefits accrued thereunder prior to amendment or termination.

Appears in 1 contract

Samples: Work International Corp

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