Compensation; Employment Agreements; Etc. Enter into, amend, modify or renew any employment, consulting, severance or similar contract with any director, officer or employee of the Company or any of its Subsidiaries, or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (i) for normal individual increases in compensation to employees in the ordinary course of business consistent with past practice, (ii) for other changes that are required by applicable law, (iii) to satisfy contractual obligations that are existing as of the date hereof, (iv) for employment arrangements for, or grants of awards to, newly hired employees or employees other than officers or directors in the ordinary course of business consistent with past practice, (v) new employment contracts Previously Disclosed and (vi) for arrangements specifically contemplated by this Agreement.
Appears in 3 contracts
Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Ubs Americas Inc), Agreement and Plan of Merger (Ubs Ag)
Compensation; Employment Agreements; Etc. Enter into, amend, modify into or amend or renew any employment, consulting, severance or similar contract agreements or arrangements with any director, officer officer, employee or employee consultant of the Company IJL or any of its Subsidiaries, or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (i) for normal individual increases in compensation to employees in the ordinary course of business consistent with past practice, (ii) for other changes that are required by applicable law, law (iii) to satisfy Previously Disclosed contractual obligations that are existing as of the date hereof, hereof or (iv) for employment employee arrangements for, or grants of awards to, with newly hired employees or employees (other than officers or directors executive officers) in the ordinary course of business consistent with past practice, (v) new employment contracts Previously Disclosed and (vi) for arrangements specifically contemplated by this Agreement.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Wachovia Corp/ Nc), Agreement and Plan of Merger (Interstate Johnson Lane Inc)
Compensation; Employment Agreements; Etc. Enter into, amend, ---------------------------------------- modify or renew any employment, consulting, severance or similar contract agreements or arrangements with any director, officer or employee of the Company or any of its SubsidiariesCompany Subsidiary, or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (i1) for normal individual increases in compensation to employees in the ordinary course of business consistent with past practice, (ii2) for other changes that are required by applicable law, (iii3) to satisfy Previously Disclosed contractual obligations that are existing as of the date hereof, or (iv4) for employment arrangements for, or grants of awards to, newly hired employees or employees other than officers or directors in the ordinary course of business consistent with past or previously announced practice, (v) new employment contracts Previously Disclosed and (vi) for arrangements specifically contemplated by this Agreement.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Everen Capital Corp), Agreement and Plan of Merger (Everen Capital Corp)
Compensation; Employment Agreements; Etc. Enter into, amend, modify or renew any employment, consulting, severance or similar contract with any director, officer or employee of the Company or any of its Subsidiaries, or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (i) for normal individual increases in compensation to employees in the ordinary course of business consistent with past practice, (ii) for other changes that are required by applicable law, (iii) to satisfy contractual obligations that are existing as of the date hereof, (iv) for employment arrangements for, or grants of awards to, newly hired employees or employees other than officers or directors in the ordinary course of business consistent with past practice, (v) new employment contracts Previously Disclosed and (vi) for arrangements specifically contemplated by this Agreement.business
Appears in 1 contract
Samples: Agreement and Plan of Merger (Ubs Preferred Funding Co LLC I)
