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 (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;

Appears in 6 contracts

Sources: Acquisition Agreement (Cisco Systems Inc), Agreement and Plan of Reorganization (Medicus Systems Corp /De/), Merger Agreement (Quadramed 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 or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 4 contracts

Sources: Stock Purchase Agreement (Emcon), Stock Purchase Agreement (NGT Enterprises Inc), Merger Agreement (I2 Technologies Inc)

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;

Appears in 2 contracts

Sources: Convertible Note and Warrant Purchase Agreement (Rapidtron Inc), Convertible Note and Warrant Purchase Agreement (Rapidtron Inc)

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 plans or agreements outstanding outstanding, or written Company policies in effect, on the date hereof or (B) grants which are made in each case furnished to Parent prior to the ordinary course date of business in accordance with its standard past practicethis Agreement);

Appears in 2 contracts

Sources: Merger Agreement (E Trade Group Inc), Merger Agreement (E Trade Group Inc)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer officer, or (ii) to any other employee 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 practicehereof;

Appears in 2 contracts

Sources: Stock Purchase Agreement (Aig Latin America Equity Partners LTD), Stock Purchase Agreement (Brazil Fast Food Corp)

Severance Arrangements. Grant or pay any severance or termination pay or benefits (iA) to any director or officer or (iiB) except for payments required to any other employee except (A) payments be made pursuant to standard written agreements pursuant to their terms outstanding and in effect on the date hereof to any other employee, consultant or independent contractor. (B) grants which are made in the ordinary course of business in accordance with its standard past practice;xiii)

Appears in 1 contract

Sources: Share Purchase Agreement (Codex DNA, Inc.)

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;

Appears in 1 contract

Sources: Reorganization Agreement (Rational Software 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 in effect on the date hereof or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Measurex Corp /De/)

Severance Arrangements. Grant any severance or termination ---------------------- pay or benefits (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;

Appears in 1 contract

Sources: Merger Agreement (Agile Software 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 or (B) grants which are made in the ordinary course of business in accordance with its standard past practice;

Appears in 1 contract

Sources: Convertible Note and Warrant Purchase Agreement (Rapidtron Inc)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer or (ii) to any other employee of the Business 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 practicehereof;

Appears in 1 contract

Sources: Stock Purchase Agreement (Spyglass Inc)

Severance Arrangements. Grant any severance or termination pay (iA) to any director or officer or (iiB) to any other employee except (A) payments made pursuant to standard written plans or agreements outstanding outstanding, or written in policies of the Company or any Company Subsidiary in effect, on the date hereof or (B) grants which are made in each case furnished to Parent prior to the ordinary course date of business in accordance with its standard past practice;this Agreement).

Appears in 1 contract

Sources: Merger Agreement (Bimini Mortgage Management Inc)

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;

Appears in 1 contract

Sources: Stock Purchase Agreement (Britesmile Inc)

Severance Arrangements. Grant any severance or termination pay or ---------------------- benefits (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;

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Agile Software Corp)

Severance Arrangements. Grant any severance or termination pay (i) to any director or officer except any severance or termination pay provided for in any agreements existing as of the date of this Agreement, or (ii) other than in the ordinary course consistent with past practice, 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 practicehereof;

Appears in 1 contract

Sources: Merger Agreement (Lexmark International Inc /Ky/)

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 Hycor Plans, Stratagene Plans or (B) grants which are made in the ordinary course of business in accordance with its standard past practiceEmployment Contracts;

Appears in 1 contract

Sources: Merger Agreement (Hycor Biomedical Inc /De/)

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;

Appears in 1 contract

Sources: Unit Purchase Agreement (Rapidtron Inc)

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;

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Genesys Telecommunications Laboratories Inc)