Common use of No Effect on Employee Benefits Clause in Contracts

No Effect on Employee Benefits. 75. The Individual Settlement Payments and the Service Payments shall not have any effect on the eligibility for, or calculation of, any employee benefits (e.g. vacation, retirement plans, etc.) of Claimants or Plaintiffs. No benefit, including but not limited to 401K benefits, shall increase or accrue as a result of any payment made as a result of this Settlement.

Appears in 1 contract

Samples: Stipulation of Settlement and Release

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No Effect on Employee Benefits. 751. The Individual Settlement Payments and the Service Payments shall not have any effect on the eligibility for, or calculation of, any employee benefits (e.g. vacation, retirement plans, etc.) of Claimants or Plaintiffs. No benefit, including but not limited to 401K benefits, shall increase or accrue as a result of any payment made as a result of this Settlement.

Appears in 1 contract

Samples: Joint Stipulation of Settlement and Release (Mistras Group, Inc.)

No Effect on Employee Benefits. 7571. The Individual Settlement Payments and the Service Payments Payment shall not have any effect on the eligibility for, or calculation of, any employee benefits (e.g. e.g., vacation, retirement plans, etc.) of Claimants Class Members or PlaintiffsPlaintiff. No benefit, including but not limited to 401K 401(k) benefits, shall increase or accrue as a result of any payment made as a result of this Settlement.

Appears in 1 contract

Samples: Settlement and Release

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No Effect on Employee Benefits. 7579. The Individual Settlement Payments and the Service Payments shall not have any effect on the eligibility for, or calculation of, any employee benefits (e.g. vacation, retirement plans, etc.) of Claimants or Plaintiffs. No benefit, including but not limited to 401K benefits, shall increase or accrue as a result of any payment made as a result of this Settlement.

Appears in 1 contract

Samples: Joint Stipulation of Settlement and Release

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