Common use of No Implication Clause in Contracts

No Implication. Nothing contained in this Agreement, express or implied: (i) shall be construed to establish, amend or modify any benefit plan, program or arrangement, (ii) shall alter or limit the ability of any WCAS Sub, Holdings, any Division Subsidiary or any of their Affiliates to amend, modify or terminate any benefit plan, program, agreement or arrangement at any time assumed, established, sponsored or maintained by any of them in accordance with the terms of such plan, program, agreement or arrangement and applicable Law, (iii) is intended to confer upon any current or former employee any right to employment or continued employment for any period of time by reason of this Agreement or (iv) is intended to confer upon any Person (including employees, retirees, or dependents or beneficiaries of employees or retirees) any other rights as a third-party beneficiary of this Section 6.1.

Appears in 3 contracts

Sources: Share Exchange Agreement (Local Insight Yellow Pages, Inc.), Share Exchange Agreement (Windstream Corp), Share Exchange Agreement (Windstream Corp)