Common use of Benefits Changes Clause in Contracts

Benefits Changes. except for the transactions relating to the AMT ---------------- Loans described in Section 4.6 of the Company Disclosure Schedule, (i) increase the compensation or benefits of any director, officer, employee or consultant, except for increases in the ordinary course of business, (ii) adopt any new Company Plan or any amendment to an existing Company Plan, (iii) enter into any employment or consulting agreement with any director, officer, employee or consultant or (iv) accelerate the payment of compensation or benefits to any director, officer, employee or consultant; or

Appears in 2 contracts

Sources: Merger Agreement (Incontrol Inc), Merger Agreement (Guidant Corp)

Benefits Changes. except for the transactions relating to the AMT ---------------- Loans described in Section 4.6 of the Company Disclosure Schedule, (i) increase the compensation or benefits of any director, officer, employee or consultant, except for increases in the ordinary course of business, (ii) adopt any new Company Plan or any amendment to an existing Company Plan, (iii) enter into any employment or consulting agreement with any director, officer, employee or consultant or (iv) accelerate the payment of compensation or benefits to any director, officer, employee or consultant; or

Appears in 1 contract

Sources: Agreement and Plan of Merger (Incontrol Inc)