Common use of Effect of Transactions Clause in Contracts

Effect of Transactions. Except as disclosed in the Disclosure Letter, the execution of this agreement and the consummation of the transactions contemplated herein will not result in any payment (whether of severance pay or otherwise) becoming due from or under any Employee Benefit Plan to any current or former director, officer, consultant or employee of the Company or result in the vesting, acceleration of payment or increases in the amount of any benefit payable to or in respect of any such current or former director, officer, consultant or employee.

Effect of Transactions. Except as disclosed in the Disclosure Letter, the The execution of this agreement Agreement and the consummation of the transactions contemplated herein hereby will not result in any payment (whether in the nature of severance pay or otherwise) ​ ​ ​ becoming due from or under any Employee Benefit Plan payable by the Company to any current or former director, officer, consultant consultant, independent contractor or employee of the Company or result in the vesting, acceleration of payment payment, or increases in the amount of any benefit payable to or in respect of any such current or former director, officer, consultant consultant, independent contractor or employee.. ​

Effect of Transactions. Except as disclosed in the Disclosure Letter, the The execution of this agreement Agreement and the consummation of the transactions contemplated herein hereby will not result in any payment (whether in the nature of severance pay or otherwise) becoming due from or under any Employee Benefit Plan payable by either Company to any current or former director, officer, consultant member, manager, consultant, independent contractor or employee of the either Company or result in the vesting, acceleration of payment payment, or increases in the amount of any benefit payable to or in respect of any such current or former director, officer, consultant consultant, independent contractor or employee.. ​

Effect of Transactions. Except as disclosed in the Disclosure Letter, the The execution of this agreement Agreement and the consummation of the transactions contemplated herein will not not, by itself or in combination with any other event (regardless of whether that other event has or will occur), result in any payment (whether of severance pay or otherwise) becoming due from or under any Employee Benefit Plan to any current or former director, officer, consultant or employee of the any Company Party or result in the vesting, acceleration of payment or increases in the amount of any benefit payable to or in respect of any such current or former director, officer, consultant or employee.

Effect of Transactions. Except as disclosed in the Disclosure Letter, the The execution of this agreement Agreement and the consummation of the transactions contemplated herein hereby will not result in any payment (whether in the nature of severance pay or otherwise) becoming due from or under any Employee Benefit Plan payable by the Company to any current or former director, officer, consultant consultant, independent contractor or employee of the Company or result in the vesting, acceleration of payment payment, or increases in the amount of any benefit payable to or in respect of any such current or former director, officer, consultant consultant, independent contractor or employee.

Effect of Transactions. Except as disclosed in the Disclosure Letter, the The execution of this agreement Agreement and the consummation of the transactions contemplated herein hereby will not result in any payment (whether in the nature of severance pay or otherwise) becoming due from or under any Employee Benefit Plan payable by the Company to any current or former director, officer, consultant manager, consultant, independent contractor or employee of the Company or result in the vesting, acceleration of payment payment, or increases in the amount of any benefit payable to or in respect of any such current or former director, officer, consultant manager, consultant, independent contractor or employee.. ​ ​