Common use of Termination of Affiliate Arrangements Clause in Contracts

Termination of Affiliate Arrangements. All Contracts between the Company or any of its Subsidiary, on the one hand, and Stockholder or any Related Person of the Company, on the other hand, other than those agreements set forth on Section 6.17 of the Company Disclosure Letter, any Company Plans and any Statutory Plans shall be terminated without any consideration or further liability and without the need for any further documentation, immediately prior to the Closing.

Termination of Affiliate Arrangements. All Contracts between the Company or any of its Subsidiaryan Acquired Company, on the one hand, and Stockholder any stockholder or any Related Person of the Companytheir respective Affiliates or any officer, director, or employee of such stockholder or Affiliate, on the other hand, other than those agreements set forth on any Contracts (a) listed in Section 6.17 6.12 of the Company Disclosure LetterSchedules or (b) to which only Acquired Companies are party, any Company Plans and any Statutory Plans shall be terminated without any consideration or further liability as of the Closing Date, and without the need for any further documentationall obligations and Liabilities thereunder shall be deemed to have been fully satisfied, immediately prior to the Closingreleased and discharged.

Termination of Affiliate Arrangements. All Contracts Except as contemplated by this Agreement or as set forth in Section 5.18 of the Disclosure Schedule, all agreements between the Company or any of its Subsidiary, on the one hand, Subsidiaries and any Stockholder or any Related Person of the Company, on the other hand, other than those agreements set forth on Section 6.17 of the Company Disclosure Letter, any Company Plans and any Statutory Plans its Affiliates shall be terminated without any consideration or as of the Closing Date with no further liability to the Company or any of its Subsidiaries or post-closing Affiliates, and without all obligations and liabilities thereunder shall have been satisfied in full in cash by the need for any further documentation, immediately Company on or prior to the ClosingClosing Date.

Termination of Affiliate Arrangements. All Contracts contracts between a member of the Company or any of its SubsidiaryGroup, on the one hand, and Stockholder any Seller or any Related Person Party of the CompanyCompany Group, on the other hand, other than those agreements set forth on Section 6.17 of the Company Disclosure LetterSchedule 7.17, any Company Plans and any Statutory Plans shall be terminated without any 71 consideration or further liability and without the need for any further documentation, immediately prior to the Closing.