No Termination of Employment. In no event shall any administrative action taken by either party and/or their third party record-keeper, payroll agent, and/or plan trustee or administrator, to effectuate the transfer of employment pursuant to this section, including the identification of JDSU Group Employees as “terminated” in JDSU’s electronic systems, or the electronic systems of any third party record-keeper, payroll agent, and/or plan trustee or administrator, be deemed to be a termination of any JDSU Group Employee’s employment for any purpose unless otherwise required by applicable Law. The parties acknowledge and agree that the continuation or transfer of the employment of Employees as contemplated by this section shall not entitle any JDSU Group Employees or Lumentum Group Employees to separation payments, benefits or rights of any kind unless otherwise required by applicable Law.
No Termination of Employment. Employees who will be eligible for benefits under the Long-Term Disability Plan shall not have their employment terminated. Following expiration of their STIIP benefits, they shall be placed on unpaid leave of absence until receipt of long-term disability benefits. Upon return to work following recovery, an employee who was on long-term disability shall, where possible, return to their former job, exercising their seniority rights if necessary, pursuant to Article 13 of the collective agreement.
No Termination of Employment. The Employer shall not terminate the employment of an employee because of the employee’s pregnancy.
No Termination of Employment. The parties hereto agree that it is intended for purposes of all CCE Benefit Plans (including without limitation, any CCE severance plan, program agreement or arrangement and the CCE Stock Plans), that no CCE North American Employee shall be considered to have incurred a termination of employment or separation from service with CCE or its Subsidiaries solely by virtue of the transfer of such individual’s employment pursuant to this Agreement (whether pursuant to Section 2.1, 2.2 or 5.2 of this Agreement or otherwise) and/or the consummation of the Separation Transactions or the other transactions contemplated by the Separation and Merger Agreement or this Agreement.
No Termination of Employment. No provision of this Agreement, the Separation Agreement, or any Ancillary Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Xxxx Xxxxxxx Employee, Xxxx Xxxxxxx Transferred Employee or other future, present or former employee of BMS or Xxxx Xxxxxxx under any BMS Plan or Xxxx Xxxxxxx Plan or applicable law or otherwise. Without limiting the generality of the foregoing: (i) neither the Separation, nor the termination of the Participating Company status of Xxxx Xxxxxxx or any member of the Xxxx Xxxxxxx Group is intended to cause any employee to incur a termination of employment; and (ii) no transfer of employment between BMS and Xxxx Xxxxxxx before the Separation Date is intended to be a termination of employment for any purpose hereunder. The members of the Xxxx Xxxxxxx Group shall use commercially reasonable efforts to make the offers of employment described in Subsection 3.1(b) on terms and conditions sufficient to avoid statutory severance or similar obligations under applicable law, except to the extent such severance or similar obligations arise without regard to such terms.
No Termination of Employment. No provision of this Agreement, the Separation Agreement, or any Ancillary Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Foreign BMS Employee or Foreign BMS Transferred Employee under any BMS Plan or Xxxx Xxxxxxx Plan or applicable law or otherwise. Without limiting the generality of the foregoing: (i) the Separation is not intended to cause any employee to incur a termination of employment; and (ii) no transfer of employment between Xxxx Xxxxxxx and BMS before the Separation Date is intended to be a termination of employment for any purpose hereunder. The members of the BMS Group shall use commercially reasonable efforts to make the offers of employment described in Subsection 4.1(a) on terms and conditions sufficient to avoid statutory severance or similar obligations under applicable law, except to the extent such severance or similar obligations arise without regard to such terms.
No Termination of Employment. In no event shall any administrative action taken by either party and/or their third party record-keeper, payroll agent, and/or plan trustee or administrator, to effectuate the transfer of employment pursuant to this Section 3.02, including the identification of Keysight Group Employees as “terminated” in Agilent’s electronic systems, or the electronic systems of any third party record-keeper, payroll agent, and/or plan trustee or administrator, be deemed to be a termination of any Keysight Group Employee’s employment for any purpose unless otherwise required by applicable Law. The parties acknowledge and agree that the Separation and the Distribution and the assignment, transfer or continuation of the employment of Employees as contemplated by this Section 3.02 shall not entitle any Keysight Group Employee or Agilent Group Employee to separation payments, benefits or rights of any kind unless otherwise required by applicable Law.
No Termination of Employment. For purposes of the Viad Corp Management Incentive Plan, individuals who, in connection with the Distribution, cease to be employees of Viad and become MoneyGram Employees shall not be deemed to have terminated employment for purposes of any deferral elections made by such individuals, and service with the MoneyGram Group shall be deemed continuous service with Viad.
No Termination of Employment. Notwithstanding anything to the contrary contained in this Letter Agreement, the Company agrees not to terminate your employment (except for Cause) prior to December 3, 2006. Xxxxx Xxxxxx — 9 August 11, 2006 Your signature below means that:
No Termination of Employment. Intended as a Result of the Allocation of Employees. It is intended that the RemainCo Employees and SpinCo Employees shall not experience a termination of employment or severance solely as a result of the transactions contemplated by the Distribution Agreement or the allocation or transfer of Employees described in Section 2.01 of this Agreement. To the extent permitted by applicable Law, such Employees shall not be entitled to any termination or severance payments or benefits as a result of such transactions or allocation or transfer, as applicable. RemainCo shall, and shall cause other members of the RemainCo Group (as applicable), and SpinCo shall, and shall cause other members of the SpinCo Group (as applicable), to cause any applicable Plan to be interpreted and administered consistent with such intent, to the greatest extent possible without breaching the applicable Plan.
