No Acceleration of Rights or Benefits Sample Clauses

No Acceleration of Rights or Benefits. Neither the execution and delivery of this Agreement or the Ancillary Agreements nor the consummation of the transactions contemplated hereby or thereby will result in the acceleration or creation of any rights of any person to benefits under any of the Employee Plans, including but not limited to the acceleration of the exercisability of any stock options, the acceleration of the vesting of any restricted stock, the acceleration of the accrual or vesting of any benefits under any Pension Plan or the creation of rights under any severance, parachute or change of control agreement.
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No Acceleration of Rights or Benefits. Except as set forth on Schedule 3.22, (i) the Company has not made, and is not it obligated to make, any payment to any Person in connection with the transactions contemplated by this Agreement or any other change of control transaction and (ii) no rights or benefits of any Person have been (or will be) accelerated or increased as a result of the consummation of the transactions contemplated by this Agreement and no Person’s rights or obligations may be modified upon a change of control of the Company or provide any Person the right to receive payment (including rescission or liquidated damages) upon a change of control of the Company.
No Acceleration of Rights or Benefits. Except as set forth in Section 3.19(b)(xii) of the Company Disclosure Schedule, neither the execution and delivery of this Agreement or any of the Transaction Documents to which the Company or any Company Subsidiary are a party nor the consummation of the transactions contemplated hereby or thereby will result in any payment, the acceleration or creation of any rights of any person to benefits under any of the Employee Plans or any Employee Contract, including but not limited to the acceleration of the exercisability of any stock options, the acceleration of the vesting of any restricted stock, the forgiveness of any indebtedness, the acceleration of the accrual or vesting of, distribution of or increase in any benefits under or the funding of any Pension Plan or the creation of rights under any severance, parachute or change of control agreement, or result in the triggering or imposition of any restrictions or limitations on the right of the Company, any Company Subsidiary or the Purchaser to amend or terminate any Employee Plan and receive the full amount of any excess Assets remaining or resulting from such amendment or termination, subject to applicable taxes.
No Acceleration of Rights or Benefits. Except as described in Section 4.28 attached hereto, none of the Acquired Companies, the Buyer nor any of their Affiliates will be obligated after Closing to make any payment to any Person in connection with the transactions contemplated by this Agreement. No rights or benefits of any Person have been (or will be) accelerated or increased as a result of the consummation of the transactions contemplated by this Agreement.
No Acceleration of Rights or Benefits. Except as set forth in Schedule 3.23, the Seller has not made, and the Seller is not obligated to make, any payment to any Person in connection with the transactions contemplated by this Agreement. No rights or benefits of any Material Suppliers or Material Customers have been (or will be) accelerated or increased as a result of the consummation of the transactions contemplated by this Agreement.
No Acceleration of Rights or Benefits. Except as set forth on Section 2.30 of the Disclosure Schedule, (i) the Company has not made, nor is obligated to make, any payment to any Person with respect to (or related to) the Company or the Acquiror in connection with the transactions contemplated by this Agreement or the Transaction Documents or any other change of control transaction, and (ii) no rights or benefits of any Person with respect to (or related to) the Company or the Acquiror have been (or will be) accelerated or increased as a result of the consummation of the transactions contemplated by this Agreement or the Transaction Documents and no Person’s rights or obligations are modified upon a change of control of the Company or provide any Person the right to receive a payment or remedy (including rescission or liquidated damages) upon a change of control of the Company.
No Acceleration of Rights or Benefits. Except for the vesting of existing stock options, neither the execution and delivery of this agreement nor the consummation of the transactions contemplated hereby will result in the acceleration of the exercisability of any stock options, the acceleration of the vesting of any restricted stock or any interest in any Pension Plan or Welfare Plan or the creation of rights under any severance, parachute or change of control agreement.
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No Acceleration of Rights or Benefits. Except as set forth in the ------------------------------------- Rights and Benefits Schedule (i) neither the Company nor its Subsidiaries has ------------------- made, nor is any such entity obligated to make, any payment to any Person in connection with the transactions contemplated by this Agreement or the other agreements contemplated by this Agreement (except as expressly contemplated hereby) and (ii) no rights or benefits of any Person have been (or will be) accelerated or increased as a result of the consummation of the transactions contemplated by this Agreement or the other agreements contemplated by this Agreement
No Acceleration of Rights or Benefits. Except as described in Section 3.19(c)(xi) of the LinkSpot Disclosure Schedule, neither the execution and delivery of this Agreement or the Ancillary Agreements to which LinkSpot is a party nor the consummation of the transactions contemplated hereby or thereby will result in the acceleration or creation of any rights of any person to benefits under any of the Employee Plans, including but not limited to the acceleration of the exercisability of any stock options, the acceleration of the vesting of any restricted stock, the acceleration of the accrual or vesting of any benefits under any Pension Plan or the creation of rights under any severance, parachute or change of control agreement.
No Acceleration of Rights or Benefits. None of the Transaction Parties has made or is obligated to make, any payment to any Person in connection with the transactions contemplated by the Documents. No rights or benefits of any Person have been (or will be) accelerated or increased as a result of the consummation of the transactions contemplated by the Documents.
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