Item 2.05. Costs Associated with Exit or Disposal Activities.
On
The total one-time, non-recurring cost incurred by the Company in connection
with the Voluntary Retirement Program, all of which represents cash
expenditures, is estimated to be approximately
Forward-Looking Statements
The statements contained herein include forward-looking statements, including statements about the estimated costs, and cost savings, associated with the Voluntary Retirement Program. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that actual results may differ materially. Important factors that could cause actual results to vary from expectations include, but are not limited to: the timing of full implementation of the Voluntary Retirement Program; the right of Eligible Employees to withdraw from the program; any unintended consequences from the program that impact our business; and the other factors discussed in the "Risk Factors" section of our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
All forward-looking statements are based upon information available to us on the date of this report. We undertake no obligation, and do not expect, to publicly update or publicly revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
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