Severance Arrangements Sample Clauses

Severance Arrangements. Grant or pay, or enter into any Contract providing for the granting of any severance, retention or termination pay, or the acceleration of vesting or other benefits, to any Person (other than payments or acceleration made pursuant to preexisting plans, policies or Contracts which have been disclosed to Acquirer and are set forth on Schedule 4.2(p) of the Company Disclosure Letter);
AutoNDA by SimpleDocs
Severance Arrangements. Grant or pay any severance or termination pay or benefits (i) to any director or officer or (ii) except for payments made pursuant to written agreements outstanding on the date hereof and disclosed on the Target Disclosure Schedule, to any other employee;
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 or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;
Severance Arrangements. Grant any severance or termination pay to any director, officer or other Employee except payments made pursuant to written agreements outstanding on the date hereof, and except any severance or termination payments made to Employees that are not Founders or Designated Employees;
Severance Arrangements a) If at any time from the date hereof through December 31, 2013 (the “Applicable Period”), your employment by the Company is terminated by you for Good Reason or by the Company without Cause, the Company shall pay or provide you with the following:
Severance Arrangements. (a) In the event that an employee displaced from his/her job by virtue of technological change chooses not to take the vacancy or early retirement options of Article 13, pursuant to Clause 23.6, he/she shall notify the Employer of his/her intent, and shall be eligible for severance pay as outlined in Article 13.
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;
AutoNDA by SimpleDocs
Severance Arrangements. Except as set forth on SCHEDULE 5.12, the Company has not entered into any severance or similar arrangement in respect of any present or former employee of the Company that will result in any obligation (absolute or contingent) of the Company to make any payment to such present or former employee of the Company following termination of employment.
Severance Arrangements. Seller has not entered into any severance or similar arrangement in respect of any present or former Personnel that shall result in any obligation (absolute or contingent) of Purchaser or Parent to make any payment to any present or former Personnel following termination of employment, including the termination of employment effected by the transactions contemplated by this Agreement. The consummation of the transactions contemplated by this Agreement will not trigger any severance or similar arrangement of Seller payable by Purchaser or Parent after the Closing.
Severance Arrangements. Grant any severance, change in control or termination pay (i) to any current or former director, consultant or officer or (ii) to any other current or former employee;
Time is Money Join Law Insider Premium to draft better contracts faster.