Certain Agreements Affected by the Merger. Neither the execution and delivery of this Agreement nor the consummation of the transaction contemplated hereby will (i) result in any entitlement, payment or benefit (including, without limitation, severance, unemployment compensation, golden parachute, bonus or benefit under any OSK plan or policy or otherwise) becoming due to any current or former director or employee of OSK, (ii) increase the amount of any entitlements, payments or benefits otherwise payable by OSK, or (iii) result in the acceleration of the time of payment or vesting of any such entitlements, payments or benefits.
Appears in 4 contracts
Samples: Agreement and Plan of Merger and Reorganization (United American Corp), Agreement and Plan of Merger and Reorganization (Osk Capital Iii Corp), Agreement and Plan of Merger and Reorganization (Teliphone Corp)
