Common use of PAYMENTS RESULTING FROM TRANSACTIONS Clause in Contracts

PAYMENTS RESULTING FROM TRANSACTIONS. Except as disclosed in Section 2.15.9 of the Schedule of Exceptions, 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 to the Company's knowledge 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.

PAYMENTS RESULTING FROM TRANSACTIONS. Except as disclosed in Section 2.15.9 of set forth on Schedule 2.13.9 to the Schedule of ExceptionsDisclosure Memorandum, 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 to the Company's knowledge 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 clause (a) or (b) of this Section 2.13.9.

PAYMENTS RESULTING FROM TRANSACTIONS. Except as disclosed set forth in Schedule 3.13.3 of the Disclosure Memorandum and except for the Consulting Agreement described in Section 2.15.9 of the Schedule of Exceptions5.5, 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 to the Company's knowledge 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 Planbe required to trigger any of the items specified in (a) or (b) above.

PAYMENTS RESULTING FROM TRANSACTIONS. Except as disclosed set forth in Section 2.15.9 of the Schedule of Exceptions, 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 to the Company's knowledge 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. Except as disclosed set forth in Section 2.15.9 2.13.8 of the Schedule of Exceptions, 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 pay or any other payment from the Company or to the Company's knowledge any other Person, or otherwise increase the amount of compensation due to any such individualindividual or result in the acceleration of the vesting of any of the Options, 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.