Common use of The Non-US Plan Clause in Contracts

The Non-US Plan. Each of 3Com and Palm shall take, and shall cause each member of its respective Group to take, such action as reasonably necessary to consummate the transactions contemplated by the Non-US Plan (whether prior to, on or after the Separation Date). Notwithstanding anything in this Agreement, the Separation Agreement or in any other Ancillary Agreement to the contrary, no party to a Local Transfer Agreement shall be entitled to receive or retain any Asset unless such party shall have paid any consideration contemplated to be paid in connection therewith pursuant to the Non-US Plan.

Appears in 4 contracts

Samples: Assignment and Assumption Agreement, General Assignment and Assumption Agreement (3com Corp), General Assignment and Assumption Agreement (Palm Inc)

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