Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit plan or arrangement, pay any special bonuses or special remuneration to any employee or director (other than pre-existing obligations) which in the aggregate exceed 20% of the Company’s then-current annual aggregate salary obligation, or, except in the Ordinary Course of Business consistent with past practices, increase the salaries, bonuses or wage rates of its employees;
Appears in 3 contracts
Samples: Preferred Stock Purchase Agreement (Nuvasive Inc), Preferred Stock Purchase Agreement (Nuvasive Inc), Preferred Stock Purchase Agreement (Nuvasive Inc)
Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit plan or arrangement, pay any special bonuses or special remuneration to any employee or director (other than pre-existing obligations) which in the aggregate exceed 20% of the Company’s then-current annual aggregate salary obligation, or, except in the Ordinary Course ordinary course of Business business consistent with past practices, increase the salaries, bonuses or wage rates of its employees;
Appears in 2 contracts
Samples: Securities Purchase Agreement (REVA Medical, Inc.), Agreement and Plan of Merger (REVA Medical, Inc.)
Employee Benefit Plans; New Hires; Pay Increases. Adopt or amend any employee benefit plan or arrangement(other than as required by Applicable Law), pay any special bonuses or special remuneration to any employee or director (other than pre-existing obligations) which in the aggregate exceed 20% of the Company’s then-current annual aggregate salary obligation, or, except in the Ordinary Course ordinary course of Business business consistent with past practices, increase the salaries, bonuses or wage rates of its employees;
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Cytyc Corp)
