Common use of Section 280G Payments Clause in Contracts

Section 280G Payments. With respect to any payments or benefits that may constitute a Section 280G Payment, the Stockholders shall have approved, pursuant to the method provided for in the regulations promulgated under Section 280G of the Code, any such Section 280G Payments or shall have disapproved such payments, and, as a consequence, no Section 280G Payments shall be paid or provided for in any manner and Parent and its Subsidiaries shall not have any liabilities with respect to any Section 280G Payments.

Appears in 1 contract

Samples: Merger Agreement (Altiris Inc)

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Section 280G Payments. With respect to any payments or benefits that may constitute a Section 280G Payment, the Company Stockholders shall have approved, pursuant to the method provided for in the regulations promulgated under Section 280G of the Code, any such Section 280G Payments or shall have disapproved such payments, and, as a consequence, no Section 280G Payments shall be paid or provided for in any manner and Parent and its Subsidiaries shall not have any liabilities (or lose any available deductions) with respect to any Section 280G Payments.

Appears in 1 contract

Samples: Merger Agreement (Network Appliance Inc)

Section 280G Payments. With respect to any payments or benefits that may constitute a Section 280G Payment, the Stockholders Company Shareholders shall have approved, pursuant to the method provided for in the regulations promulgated under Section 280G of the Code, any such Section 280G Payments or shall have disapproved such payments, and, as a consequence, no Section 280G Payments shall be paid or provided for in any manner and Parent and its Subsidiaries shall not have any liabilities (or lose any available deductions) with respect to any Section 280G Payments.

Appears in 1 contract

Samples: Merger Agreement (Planar Systems Inc)

Section 280G Payments. With respect to any payments or benefits that may constitute a Section 280G Payment, the Stockholders shall have approved, pursuant to the method provided for in the regulations promulgated under Section 280G of the Code, any such Section 280G Payments or shall have disapproved such payments, and, as a consequence, no Section 280G Payments shall be paid or provided for in any manner and Parent Buyer and its Subsidiaries subsidiaries shall not have any liabilities with respect to any Section 280G Payments.. (

Appears in 1 contract

Samples: Stock Purchase Agreement (Amkor Technology Inc)

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Section 280G Payments. With respect to any payments or benefits that may constitute a Section 280G Payment, the Company Stockholders shall have either approved, pursuant to the method provided for in the regulations promulgated under Section 280G of the Code, any such Section 280G Payments Payments, or shall have disapproved such payments280G Payments, and, as a consequence, no Section 280G Payments shall be paid or provided for in any manner and Parent and its Subsidiaries shall not have any liabilities (or lose any available deductions) with respect to any Section 280G Payments.

Appears in 1 contract

Samples: Merger Agreement (Lsi Corp)

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