Common use of All Benefit Plans Clause in Contracts

All Benefit Plans. (x) All Contracts with any "disqualified individual" (as defined in Section 280G(c) of the Code) which contains any severance or termination pay liabilities which would result in a disallowance of the deduction for any "excess parachute payment" (as defined in Section 280G(b)(l) of the Code) under Section 280G of the Code.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (BSD Medical Corp), Agreement and Plan of Merger (Ats Medical Inc), Agreement and Plan of Merger (American Medical Systems Holdings Inc)

AutoNDA by SimpleDocs

All Benefit Plans. (x) All Contracts with any "disqualified individual" (as defined in Section 280G(c) of the Code) which contains any severance or termination pay liabilities which would result in a disallowance of the deduction for any "excess parachute payment" (as defined in Section 280G(b)(l) of the Code) under Section 280G of the Code.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Lectec Corp /Mn/), Agreement and Plan of Merger (American Medical Systems Holdings Inc)

All Benefit Plans. (xix) All Contracts with any "disqualified individual" (as defined in Section 280G(c) of the Code) which contains any severance or termination pay liabilities which would result in a disallowance of the deduction for any "excess parachute payment" (as defined in Section 280G(b)(l280G(b)(1) of the Code) under Section 280G of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (American Medical Systems Holdings Inc)

AutoNDA by SimpleDocs

All Benefit Plans. (x) All Contracts with any "disqualified individual" (as defined in Section 280G(c) 280GI of the Code) which contains any severance or termination pay liabilities which would result in a disallowance of the deduction for any "excess parachute payment" (as defined in Section 280G(b)(l) of the Code) under Section 280G of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Merger (American Medical Systems Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.