Common use of Severance Arrangements Clause in Contracts

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 4 contracts

Samples: Stock Purchase Agreement (Emcon), Agreement and Plan of Merger (I2 Technologies Inc), Stock Purchase Agreement (NGT Enterprises Inc)

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Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made consistent with the Company’s severance policy described in the ordinary course of business in accordance with its standard past practiceSchedule 5.8(d);

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Centra Software Inc), Agreement and Plan of Reorganization (Credence Systems Corp), Agreement and Plan of Reorganization (Nptest Holding Corp)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practicehereof;

Appears in 3 contracts

Samples: Agreement and Plan of Merger (PMR Corp), Agreement and Plan of Reorganization (Ivillage Inc), Agreement and Plan of Reorganization (PLX Technology Inc)

Severance Arrangements. Grant any severance or termination pay ---------------------- (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to written plans or agreements outstanding outstanding, or written Company policies in effect, on the date hereof or (B) grants which are made in each case furnished to Parent prior to the ordinary course date of business in accordance with its standard past practicethis Agreement);

Appears in 2 contracts

Samples: Agreement and Plan of Merger (E Trade Group Inc), Agreement and Plan of Merger and Reorganization (E Trade Group Inc)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer officer, or (ii) to any other employee employee, except (A) payments made pursuant to standard written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practicehereof;

Appears in 2 contracts

Samples: Stock Purchase Agreement (Aig Latin America Equity Partners LTD), Stock Purchase Agreement (Brazil Fast Food Corp)

Severance Arrangements. Grant any severance or termination pay (i) to ---------------------- any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 2 contracts

Samples: Convertible Note and Warrant Purchase Agreement (Rapidtron Inc), Convertible Note and Warrant Purchase Agreement (Rapidtron Inc)

Severance Arrangements. Grant or make any severance or termination pay (i) to any director or officer officer, or (ii) to any other employee except (A) payments made pursuant to standard written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practicehereof;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Autocam Corp/Mi)

Severance Arrangements. Grant any severance or termination ---------------------- pay or benefits (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Agile Software Corp)

Severance Arrangements. Grant any severance or termination pay or ---------------------- benefits (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Agile Software Corp)

Severance Arrangements. Grant any severance or termination pay ----------------------- (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to standard written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practicehereof;

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Fogdog Inc)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 1 contract

Samples: Stock Purchase Agreement (Britesmile Inc)

Severance Arrangements. Grant any severance or termination pay (i) to ---------------------- any director or officer or (ii) to any other employee except (A) payments made pursuant to standard written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Rational Software Corp)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer except any severance or termination pay provided for in any agreements existing as of the date of this Agreement, or (ii) other than in the ordinary course consistent with past practice, to any other employee except (A) payments made pursuant to standard written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practicehereof;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lexmark International Inc /Ky/)

Severance Arrangements. Grant any severance or termination pay (iA) to any director or officer or (iiB) to any other employee except (A) payments made pursuant to written plans or agreements outstanding outstanding, or written in policies of the Company, the Target Companies or any of their respective Subsidiaries in effect, on the date hereof or (B) grants which are made in each case furnished to Parent prior to the ordinary course date of business in accordance with its standard past practicethis Agreement);

Appears in 1 contract

Samples: Agreement and Plan of Merger (E Trade Group Inc)

Severance Arrangements. Grant any severance or termination pay ---------------------- (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to standard written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practicehereof;

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Kana Communications Inc)

Severance Arrangements. Grant or pay any severance or termination pay or benefits (iA) to any director or officer or (iiB) except for payments required to any other employee except (A) payments be made pursuant to written agreements pursuant to their terms outstanding and in effect on the date hereof to any other employee, consultant or independent contractor. (B) grants which are made in the ordinary course of business in accordance with its standard past practice;xiii)

Appears in 1 contract

Samples: Share Purchase Agreement (Codex DNA, Inc.)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee of the Business except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practicehereof;

Appears in 1 contract

Samples: Stock Purchase Agreement (Spyglass Inc)

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Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee employee, except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practicehereof;

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Novellus Systems Inc)

Severance Arrangements. Grant any severance or termination pay (i) to ----------------------- any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 1 contract

Samples: Unit Purchase Agreement (Rapidtron Inc)

Severance Arrangements. Grant any severance or termination ---------------------- pay (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to standard written agreements outstanding in effect on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Measurex Corp /De/)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee Designated Employee, except (A) in either case payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practicethis Agreement;

Appears in 1 contract

Samples: Asset Purchase Agreement (Credence Systems Corp)

Severance Arrangements. Grant any severance or termination pay (i) ---------------------- to any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 1 contract

Samples: Convertible Note and Warrant Purchase Agreement (Rapidtron Inc)

Severance Arrangements. Grant any severance or termination pay ---------------------- (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to standard written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 1 contract

Samples: Interference Agreement (Genesys Telecommunications Laboratories Inc)

Severance Arrangements. Grant any severance or termination pay ---------------------- (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practicehereof;

Appears in 1 contract

Samples: Asset Purchase Agreement (Cais Internet Inc)

Severance Arrangements. Grant any severance or termination ---------------------- pay (i) to any director or officer or (ii) to any other employee employee, except (A) payments made pursuant to standard written agreements outstanding on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practiceas required by applicable Law;

Appears in 1 contract

Samples: Merger Agreement (E Trade Group Inc)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to written agreements outstanding on the date hereof Hycor Plans, Stratagene Plans or (B) grants which are made in the ordinary course of business in accordance with its standard past practiceEmployment Contracts;

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Hycor Biomedical Inc /De/)

Severance Arrangements. Grant any severance or termination pay (iA) to any director or officer or (iiB) to any other employee except (A) payments made pursuant to written plans or agreements outstanding outstanding, or written in policies of the Company or any Company Subsidiary in effect, on the date hereof or (B) grants which are made in each case furnished to Parent prior to the ordinary course date of business in accordance with its standard past practice;this Agreement).

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Bimini Mortgage Management Inc)

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