Common use of No Acceleration or Creation of Rights Clause in Contracts

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement by the Company nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 4 contracts

Samples: Asset Purchase Agreement (Rental Service Corp), Asset Purchase Agreement (Rental Service Corp), Asset Purchase Agreement (Rental Service Corp)

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No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement or the Ancillary Agreements by the Company 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 Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Check Point Software Technologies LTD), Employment Agreement (Cnet Networks Inc)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement or the Ancillary Agreements by the Company FRT nor the consummation of the transactions contemplated hereby or the related transactions will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Freerealtime Com Inc), Agreement and Plan of Merger (Freerealtime Com Inc)

No Acceleration or Creation of Rights. Neither Except as ------------------------------------- disclosed on Schedule 4.13, neither the ------------------------------------- execution and delivery of this Agreement ------------- by the Company nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tc Group LLC), Securities Purchase Agreement (Tc Group LLC)

No Acceleration or Creation of Rights. Neither Except as disclosed on Schedule 4.8, neither the ------------------------------------- execution and delivery of this Agreement by the Company nor the consummation of all or any portion of the transactions contemplated hereby Transaction will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Insight Health Services Corp), Securities Purchase Agreement (Insight Health Services Corp)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement by the Company nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Schuff Steel Co), Stock Purchase Agreement (Schuff Steel Co)

No Acceleration or Creation of Rights. Neither Except as set forth on ------------------------------------- Schedule 4.23, neither the ------------------------------------- execution and delivery of this Agreement by the ------------- Company nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

No Acceleration or Creation of Rights. Neither the execution ------------------------------------- execution and delivery of this Agreement by the Company nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

No Acceleration or Creation of Rights. Neither Except as ------------------------------------- disclosed on Schedule 4.8, neither the ------------------------------------- execution and delivery of this ------------ Agreement by the Company nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Securities Purchase Agreement (Tc Group LLC)

No Acceleration or Creation of Rights. Neither Except as set forth in ------------------------------------- Schedule 4.23.15, neither the ------------------------------------- execution and delivery of this Agreement by the ---------------- Company or Seller nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Stock Purchase Agreement (Rental Service Corp)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement or other related agreements by the Company nor the consummation of the transactions contemplated hereby or the related transactions will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Stock Purchase Agreement (City Truck Holdings Inc)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement or other related agreements by the Company Seller nor the consummation of the transactions contemplated hereby or the related transactions will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Asset Purchase Agreement (On Point Technology Systems Inc)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement by the Company nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, other than the acceleration of the vesting except by plan termination or 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 except by plan termination stock or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Stock Purchase Agreement (Schuff Steel Co)

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No Acceleration or Creation of Rights. Neither Except as set forth ------------------------------------- in Schedule 3.23, neither the ------------------------------------- execution and delivery of this Agreement by the Company nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, including the acceleration of the vesting except by plan termination or exercisability exerciseability of any stock optionsoptions (other than as permitted by this Agreement), the acceleration of the vesting of any restricted stock, the acceleration of the accrual or vesting of any benefits under any Pension Plan except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Collins & Aikman Floor Coverings Inc)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement or any other related agreements by the Company Sellers nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under with respect to any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Purchase Agreement (Coram Healthcare Corp)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement or any other related agreements by the Company Seller nor the consummation of the transactions contemplated hereby will result in the acceleration or creation of any rights of any person to benefits under with respect to any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Agreement (Integrated Health Services Inc)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement or other related agreements by the Company Seller nor the consummation of the transactions contemplated hereby or the related transactions will result in the acceleration or creation of any rights of any person Business Employee to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Asset Purchase Agreement (Sigmatel Inc)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement or the agreements contemplated hereby by the Company Seller nor the consummation of the transactions contemplated hereby or the related transactions will result in the acceleration or creation of any rights of any person Person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Asset Purchase Agreement (Goamerica Inc)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement or the Ancillary Agreements by the Company DCS nor the consummation of the transactions contemplated hereby or the related transactions will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Stock Purchase Agreement (Vertex Industries Inc)

No Acceleration or Creation of Rights. Neither the ------------------------------------- execution and delivery of this Agreement or Concurrent Agreements by the Company parties thereto, nor the consummation of the transactions contemplated hereby Contemplated Transactions will result in the acceleration or creation of any rights of any person to benefits under any Employee Plan (including, without limitation, the acceleration of the vesting except by plan termination or 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 except by plan termination or the acceleration or creation of any rights under any severance, parachute or change in control agreement).

Appears in 1 contract

Samples: Stock Purchase Agreement (Guitar Center Inc)

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