Common use of Absence of Certain Retiree Liabilities Clause in Contracts

Absence of Certain Retiree Liabilities. No Acquired Company Employee Plan provides (except at no cost to any Acquired Company), or reflects or represents any liability of any Acquired Company to provide, retiree life insurance, retiree health benefits or other retiree employee welfare benefits to any Person for any reason, except as may be required by applicable Legal Requirements. Other than commitments made that involve no future costs to any Acquired Company, no Acquired Company has ever represented, promised or contracted (whether in oral or written form) to any Acquired Company Employee (either individually or to Acquired Company Employees as a group) or any other Person that such Acquired Company Employee(s) or other person would be provided with retiree life insurance, retiree health benefit or other retiree employee welfare benefits, except to the extent required by applicable Legal Requirements.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Yelp Inc), Agreement and Plan of Merger (Yelp Inc)

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Absence of Certain Retiree Liabilities. No Acquired current or past Company Employee Plan Plan, if any, provides (except at no cost to any Acquired Company), or reflects or represents any liability Liability of any Acquired Company to provide, nor is any Company Employee Plan required to provide, retiree life insurance, retiree health benefits or other retiree employee post-employment welfare benefits to any Person for any reason, except as may be required by applicable Legal Requirements. Other than commitments made that involve no future costs to any Acquired Company, no No Acquired Company has ever represented, promised or contracted (whether in oral or written form) to any Acquired Company Employee Associate (either individually or to Acquired Company Employees Associates as a group) or any other Person that such Acquired Company Employee(s) Associate or other person Person would be provided with retiree life insurance, retiree health benefit benefits or other retiree employee post-employment welfare benefits, except to the extent required by applicable Legal Requirements.. (k)

Appears in 1 contract

Samples: Version Share Purchase Agreement (Tenable Holdings, Inc.)

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Absence of Certain Retiree Liabilities. No Acquired Company Employee Plan provides (except at no cost to any Acquired Company), or reflects or represents any liability Liability of any Acquired Company to provide, retiree life insurance, retiree health benefits or other retiree employee welfare benefits to any Person for any reason, except as may be required by applicable Legal Requirements. Other than commitments made that involve no future costs to any Acquired Company, no Acquired Company has ever represented, promised or contracted (whether in oral or written form) to any Acquired Company Employee employee (either individually or to Acquired Company Employees employees as a group) or any other Person that such Acquired Company Employee(semployee(s) or other person would be provided with retiree life insurance, retiree health benefit or other retiree employee welfare benefits, except to the extent required by applicable Legal Requirements.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Churchill Downs Inc)

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