Payments to Officers. Except as described on Exhibit 7.15, the Company shall not loan or advance any amount to, or sell, transfer or lease any properties or assets (real, personal or mixed, tangible or intangible), to, or enter into any agreement or arrangement with, any of the Company's officers or directors, except for compensation to officers pursuant to existing agreements, copies of which have been delivered to Parent, and reimbursement of expenses incurred by employees of the Company in connection with their employment.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Arguss Communications Inc), Agreement and Plan of Merger (Arguss Holdings Inc)
Payments to Officers. Except as described on Exhibit 7.157.16, the Company shall not loan or advance any amount to, or sell, transfer or lease any properties or assets (real, personal or mixed, tangible or intangible), to, or enter into any agreement or arrangement with, any of the Company's officers or directors, except for compensation to officers pursuant to existing agreements, copies of which have been delivered to Parent, and reimbursement of expenses incurred by employees of the Company in connection with their employment.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Arguss Holdings Inc), Agreement and Plan of Merger (Arguss Holdings Inc)
Payments to Officers. Except as described on Exhibit 7.157.16, the Company shall not loan or advance any amount to, or sell, transfer or lease any properties or assets (real, personal or mixed, tangible or intangible), to, or enter into any agreement or arrangement with, any of the Company's officers or directors, except for compensation to officers pursuant to existing agreements, copies of which have been delivered to ParentCNCP, and reimbursement of expenses incurred by employees of the Company in connection with their employment.
Appears in 1 contract
Samples: 1 Agreement and Plan of Merger (Conceptronic Inc / De)
Payments to Officers. Except as described on Exhibit Schedule 7.15, the Company shall not loan or advance any amount to, or sell, transfer or lease any properties or assets (real, personal or mixed, tangible or intangible), to, or enter into any agreement or arrangement with, any of the Company's officers or directors, except for compensation to officers pursuant to existing agreements, copies of which have been delivered to Parent, and reimbursement of expenses incurred by employees of the Company in connection with their employment.
Appears in 1 contract
