Severance Agreements. No Shareholder is a party -------------------- to any severance or similar arrangement in respect of any of the Personnel.
Appears in 2 contracts
Samples: Acquisition Agreement and Plan of Reorganization (Smithfield Foods Inc), Agreement and Plan of Reorganization (Smithfield Foods Inc)
Severance Agreements. No Shareholder is a party -------------------- to any severance or similar arrangement in respect of any of the PersonnelKey Personnel that will result in any obligation (absolute or contingent) of Holding or the AAC Companies or the Company after the Closing to make any payment to any of such Personnel following the consummation of the transactions contemplated by this Agreement or termination of employment, whether before or after the Closing.
Appears in 1 contract
Samples: Contribution and Securities Purchase Agreement (Asset Acceptance Capital Corp)
Severance Agreements. No Shareholder is a party -------------------- to any severance or similar arrangement in respect of any of the Personnel.
Appears in 1 contract
