Certain Employee Payments. The Company is not a party to any employment agreement which could result in the payment to any current, former or future director or employee of the Company of any money or other property or rights or accelerate or provide any other rights or benefits to any such employee or director as a result of the transactions contemplated by this Agreement, whether or not (i) such payment, acceleration or provision would constitute a “parachute payment” (within the meaning of Section 280G of the Code), or (ii) some other subsequent action or event would be required to cause such payment, acceleration or provision to be triggered.
Appears in 26 contracts
Samples: Share Exchange Agreement (Peregrine Industries Inc), Share Exchange Agreement (Greater Cannabis Company, Inc.), Stock Exchange Agreement
Certain Employee Payments. The Company is not a party to any employment agreement which could result in the payment to any current, former or future director or employee of the Company of any money or other property or rights or accelerate or provide any other rights or benefits to any such employee or director as a result of the transactions contemplated by this Agreement, whether or not (i) such payment, acceleration or provision would constitute a “"parachute payment” " (within the meaning of Section 280G of the Code), or (ii) some other subsequent action or event would be required to cause such payment, acceleration or provision to be triggered.
Appears in 23 contracts
Samples: Stock Purchase Agreement (Guar Global Ltd.), Agreement and Plan of Merger (Premier Document Services Inc), Share Exchange Agreement (Vacation Home Swap, Inc.)
Certain Employee Payments. The Company is not a party to any employment agreement which could result in the payment to any current, former or future director director, manager, officer or employee of the Company of any money or other property or rights or accelerate or provide any other rights or benefits to any such employee employee, manager, officer or director as a result of the transactions contemplated by this Agreement, whether or not (i) such payment, acceleration or provision would constitute a “parachute payment” (within the meaning of Section 280G of the Code), or (ii) some other subsequent action or event would be required to cause such payment, acceleration or provision to be triggered.
Appears in 5 contracts
Samples: Exchange Agreement (Traqer Corp), Exchange Agreement (Stuart King Capital Corp), Exchange Agreement (Freebutton, Inc.)
Certain Employee Payments. The Company is not a party to any employment agreement which could result in the payment to any current, former or future director or employee of the Company of any money or other property or rights or accelerate or provide any other rights or benefits to any such employee or director as a result of the transactions contemplated by this Agreement, whether or not (ia) such payment, acceleration or provision would constitute a “parachute payment” (within the meaning of Section 280G of the Code), or (iib) some other subsequent action or event would be required to cause such payment, acceleration or provision to be triggered.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (RMR Industrials, Inc.), Agreement and Plan of Merger (RMR Industrials, Inc.)
Certain Employee Payments. The Company is not a party to any employment agreement which could result in the payment to any current, former or future director or employee of the Company of any money or other property or rights or accelerate or provide any other rights or benefits to any such employee or director as a result of the transactions contemplated by this Agreement, whether or not (i) such payment, acceleration or provision would constitute a “parachute payment” (within the meaning of Section 280G of the Code), ) or (ii) some other subsequent action or event would be required to cause such payment, acceleration or provision to be triggered.
Appears in 2 contracts
Samples: Share Exchange Agreement (Propell Technologies Group, Inc.), Indemnification Agreement (Oryon Holdings, Inc.)
Certain Employee Payments. The Company is not a party to any employment agreement which could result in the payment to any current, former or future director or employee of the Company of any money or other property or rights or accelerate or provide any other rights or benefits to any such employee or director as a result of the transactions contemplated by this Agreement, whether or not (i) such payment, acceleration or provision would constitute a “"parachute payment” " (within the meaning of Section 280G of the Internal Revenue Code), or (ii) some other subsequent action or event would be required to cause such payment, acceleration or provision to be triggered.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Green Mountain Recovery, Inc.)
Certain Employee Payments. The Company is not a party to any employment agreement which could result in the payment to any current, former or future director director, manager, officer or employee of the Company of any money or other property or rights rights, or accelerate or provide any other rights or benefits to any such director, manager, officer or employee or director as a result of the transactions contemplated by this Agreement, whether or not (i) such payment, acceleration or provision would constitute a “"parachute payment” " (within the meaning of Section 280G of the Code), or (ii) some other subsequent action or event would be required to cause such payment, acceleration or provision to be triggered.
Appears in 1 contract
Samples: Share Exchange Agreement (Vortex Blockchain Technologies Inc.)
Certain Employee Payments. The Company is not a party to any employment agreement which could result in the payment to any current, former or future director director, officer, or employee of the Company of any money or other property or rights or accelerate or provide any other rights or benefits to any such employee or director person as a result of the transactions contemplated by this Agreement, whether or not (i) such payment, acceleration or provision would constitute a “parachute payment” (within the meaning of Section 280G of the Code), or (ii) some other subsequent action or event would be required to cause such payment, acceleration or provision to be triggered.
Appears in 1 contract
Certain Employee Payments. The Company is not a party to any employment or other agreement which could result in the payment to any current, former or future director director, officer, or employee of the Company of any money or other property or rights or accelerate or provide any other rights or benefits to any such employee or director person as a result of the transactions contemplated by this Agreement, whether or not (i) such payment, acceleration or provision would constitute a “parachute payment” (within the meaning of Section 280G of the Code), or (ii) some other subsequent action or event would be required to cause such payment, acceleration or provision to be triggered.
Appears in 1 contract
Samples: Agreement and Plan of Merger (T.O.D. Taste on Demand Inc)
Certain Employee Payments. The Company is not a party to any employment agreement which could result in the payment to any current, former or future director or employee of the Company of any money or other property or rights or accelerate or provide any other rights or benefits to any such employee or director as a result of the transactions contemplated by this Agreement, whether or not (i) such payment, acceleration or provision would constitute a “"parachute payment” " (within the meaning of Section 280G of the Code), or (ii) some other subsequent action or event would be required to cause such payment, acceleration or provision to be triggered.. 3.1.9
Appears in 1 contract
Samples: Agreement and Plan of Merger (Tintic Gold Mining CO)
