Common use of Contributions and Payments Clause in Contracts

Contributions and Payments. The Company shall not make, cause to be made, or agree to make any contribution, award, or payment under any Plans as they pertain to the Company’s employees or former employees, except at the time and to the extent required by the written terms thereof, without the prior written consent of Safeguard.

Appears in 1 contract

Sources: Merger Agreement (Safeguard Scientifics Inc)

Contributions and Payments. The Company shall not make, cause to be made, or agree to make any contribution, award, or payment under any Benefit Plans as they pertain to the Company’s 's employees or former employees, except at the time and to the extent required by the written terms thereof, or as required under Section 5.10 hereof, without the prior written consent of SafeguardBuyer.

Appears in 1 contract

Sources: Merger Agreement (Owosso Corp)

Contributions and Payments. The Company shall not make, cause to be made, or agree to make any contribution, award, or payment under any Plans as they pertain to the Company’s employees 's Employees or former employeesEmployees, except at the time and to the extent required by the written terms thereof, without the prior written consent of SafeguardPurchaser.

Appears in 1 contract

Sources: Stock Purchase Agreement (Systems & Computer Technology Corp)

Contributions and Payments. The Company shall not make, cause to be made, or agree to make any contribution, award, or payment under any Benefit Plans as they pertain to the Company’s 's employees or former employees, except at the time and to the extent required by the written terms thereof, without the prior written consent of SafeguardBuyer.

Appears in 1 contract

Sources: Stock Purchase Agreement (Progress Financial Corp)