Common use of PAYMENTS RESULTING FROM TRANSACTIONS Clause in Contracts

PAYMENTS RESULTING FROM TRANSACTIONS. Neither the execution and delivery of this Agreement or any of the other Operative Documents nor the consummation of the transactions contemplated in (or by) this Agreement or any of the other Operative Documents will (a) entitle any current or former officer, employee, agent, director or independent contractor of the Company to severance pay, unemployment compensation or any other payment from the Company or any other Person, or otherwise increase the amount of compensation due to any such individual, or (b) result in any benefit or right becoming established or increased, or accelerate the time of payment or vesting of any benefit, under any Employee Benefit Plan, whether or not some other subsequent action or event would be required to trigger any of the items specified in (a) or (b) above.

PAYMENTS RESULTING FROM TRANSACTIONS. Neither the execution and delivery of this Agreement or any of the other Operative Ancillary Documents nor the consummation of the transactions contemplated in (or by) this Agreement or any of the other Operative Ancillary Documents will (a) entitle any current or former officer, employee, agent, director or independent contractor of the Company to severance pay, unemployment compensation or any other payment from the Company or any other Person, or otherwise increase the amount of compensation due to any such individual, or (b) result in any benefit or right becoming established or increased, or accelerate the time of payment or vesting of any benefit, under any Employee Benefit Plan, whether or not some other subsequent action or event would be required to trigger any of the items specified in (a) or (b) above.

PAYMENTS RESULTING FROM TRANSACTIONS. Neither the execution and delivery of this Agreement or any of the other Operative Documents nor the consummation of the transactions contemplated in (or by) this Agreement or any of the other Operative Documents will (a) entitle any current or former officer, employee, agent, director or independent contractor of the Company to severance pay, unemployment compensation or any other payment from the Company or any other Person, or otherwise increase the amount of compensation due to any such individual, or (b) result in any benefit or right becoming established or increased, or accelerate the time of payment or vesting of any benefit, under any Employee Benefit Plan, whether or not some other subsequent action or event would be required to trigger any of the items specified in (a) or (b) above.any

PAYMENTS RESULTING FROM TRANSACTIONS. Neither the execution and delivery of this Agreement or any of and the other Operative Documents nor the consummation of the transactions contemplated in (or by) by this Agreement or any of and the other Operative Documents (either alone or together with any other transaction or event) will (ai) entitle any current or former officer, employee, agent, director or independent contractor of the Company to severance payany bonus, retirement, severance, unemployment compensation or any other payment from the Company or any other Personbenefit, or otherwise increase the amount of compensation due to any such individual, or (bii) result in any benefit or right becoming established or increased, or accelerate the time of payment or vesting of any benefit, under any Employee Benefit PlanPlan or otherwise, whether or not some other subsequent action or event would be required to trigger any of the items specified in (a) or (biii) aboverequire the Company to transfer or set aside any assets to fund or otherwise provide for any benefits for any Person.