Common use of No Post Clause in Contracts

No Post. Employment Obligations. Except as set forth in Section 2.24(g) of the Company Disclosure Schedule, no Company Employee Plan provides, or reflects or represents any liability to provide, retiree life insurance, retiree health or other retiree employee welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and the Company has never represented, promised or contracted (whether in oral or written form) to any Employee (either individually or to Employees as a group) or any other person that such Employee(s) or other person would be provided with retiree life insurance, retiree health or other retiree employee welfare benefit, except to the extent required by statute.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Socket Communications Inc)

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No Post. Employment Obligations. Except as set forth in Section 2.24(g5.24(g) of the Company Disclosure ScheduleLetter, no Company Employee Plan provides, or reflects or represents any liability to provide, retiree life insurance, retiree health or other retiree employee welfare benefits to any person Person for any reason, except as may be required by COBRA or other applicable statute, and the Company has never represented, promised or contracted (whether in oral or written form) to any Employee (either individually or to Employees as a group) or any other person Person that such Employee(s) or other person Person would be provided with retiree life insurance, retiree health or other retiree employee welfare benefit, except to the extent required by statute.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Infospace Com Inc)

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