Common use of Severance Arrangements Clause in Contracts

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except payments made pursuant to standard written agreements outstanding on the date hereof;

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ods Networks Inc), Agreement and Plan of Merger (American Interactive Media Inc)

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Severance Arrangements. Grant any severance or termination pay (i) to any director or officer officer, or (ii) to any other employee except payments made pursuant to standard written agreements outstanding on the date hereofhereof other than individual grants of severance pay in an amount less than $5,000 to any recipient and less than $100,000 in the aggregate for all such recipients;

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (E-Medsoft Com), Agreement and Plan of Merger and Reorganization (E-Medsoft Com)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to standard written agreements outstanding on the date hereofhereof and (B) grants consistent with past practices;

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Premier Laser Systems Inc), Agreement and Plan of Reorganization (Ophthalmic Imaging Systems Inc)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except payments made pursuant to standard written agreements outstanding with such other employees in effect on the date hereofof this Agreement;

Appears in 1 contract

Samples: Agreement and Plan of Merger (Netlibrary Inc)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except except, in both instances, payments made pursuant to standard written agreements outstanding on before the date hereofEffective Time;

Appears in 1 contract

Samples: Agreement and Plan of Merger (PMR Corp)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except (A) payments made pursuant to standard written agreements outstanding on the date hereof;hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice; (k)

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Avant Corp)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except payments made pursuant to standard written agreements outstanding on the date hereof;hereof other than, with respect to non-officer employees and those officers set forth on SCHEDULE 4.2(O), in the ordinary course of business consistent with past practice.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Geotel Communications Corp)

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Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee employee, except payments made pursuant to standard written agreements outstanding on the date hereofMarch 30, 2000;

Appears in 1 contract

Samples: Non Employee Shareholders' Agreement (724 Solutions Inc)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee except payments made pursuant to standard written agreements outstanding on the date hereof;hereof other than in the ordinary course of business consistent with past practice.

Appears in 1 contract

Samples: Share Purchase Agreement (Cisco Systems Inc)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer officer, or (ii) to any other employee except payments made pursuant to standard written agreements outstanding on the date hereof;

Appears in 1 contract

Samples: Agreement and Plan of Amalgamation (Avesta Technologies Inc)

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