NON-TERMINATION OF EMPLOYMENT. NO THIRD-PARTY BENEFICIARIES. No provision of this Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Convergys Individual or other future, present or former employee of any CBI Entity or Convergys Entity under any CBI Plan or Convergys Plan or otherwise. Without limiting the generality of the foregoing: (i) neither the Distribution nor the termination of the participating company status of a Convergys Entity shall cause any employee to be deemed to have incurred a termination of employment which entitles such individual to the commencement of benefits under any of the CBI Plans (other than the CBI ESOP), any of the Convergys Plans, or any of the Individual Agreements; and (ii) except as expressly provided in this Agreement, nothing in this Agreement shall preclude Convergys, at any time after the Distribution Date, from amending, merging, modifying, terminating, eliminating, reducing, or otherwise altering in any respect any Convergys Plan, any benefit under any Convergys Plan or any trust, insurance policy or funding vehicle related to any Convergys Plan.
NON-TERMINATION OF EMPLOYMENT. NO THIRD-PARTY BENEFICIARIES. No provision of this Agreement or the Separation and Distribution Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Water Pik Individual or other future, present or former employee of ATI, an ATI Entity, Water Pik, or a Water Pik Entity under any ATI Plan or Water Pik Plan or otherwise. Without limiting the generality of the foregoing: (i) the Distribution shall not cause any employee to be deemed to have incurred a termination of employment which entitles such individual to the commencement of benefits under any of the ATI Plans, any of the Water Pik Plans, or any individual agreements; and (ii) except as expressly provided in this Agreement, nothing in this Agreement shall preclude Water Pik, at any time after the Close of the Distribution Date, from amending, merging, modifying, terminating, eliminating, reducing, or otherwise altering in any respect any Water Pik Plan, any benefit under any Plan or any trust, insurance policy or funding vehicle related to any Water Pik Plan unless such change could or will increase the obligations of ATI or any ATI Entity under any Plan or agreement.
NON-TERMINATION OF EMPLOYMENT. Except as otherwise expressly provided herein and in compliance with Section 2(d) of this Agreement, no provision of, or event arising under, this Agreement, the Distribution Agreement or any of the Ancillary Agreements shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Preexisting ITT Employee or other future, present, or former employee of ITT, Water or Defense and any of their respective Subsidiaries.
NON-TERMINATION OF EMPLOYMENT. NO THIRD-PARTY BENEFICIARIES. No provision of this Agreement or the Separation and Distribution Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Teledyne Technologies Individual or other future, present or former employee of ATI, an ATI Entity, Teledyne Technologies, or a Teledyne Technologies Entity under any ATI Plan or Teledyne Technologies Plan or otherwise. Without limiting the generality of the foregoing: (i) the Distribution shall not cause any employee to be deemed to have incurred a termination of employment which entitles such individual to the commencement of benefits under any of the ATI Plans, any of the Teledyne Technologies Plans, or any individual agreements; and (ii) except as expressly provided in this Agreement, nothing in this Agreement shall preclude Teledyne Technologies, at any time after the Close of the Distribution Date, from amending, merging, modifying, terminating, eliminating, reducing, or otherwise altering in any respect any Teledyne Technologies Plan, any benefit under any Plan or any trust, insurance policy or funding vehicle related to any Teledyne Technologies Plan unless such change could or will increase the obligations of ATI or any ATI Entity under any plan or arrangement.
NON-TERMINATION OF EMPLOYMENT. NO THIRD-PARTY BENEFICIARIES. 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 Resources Employee or other future, present or former employee of REI or Resources under any REI Plan or Resources Plan or otherwise. Without limiting the generality of the foregoing: (a) except as otherwise provided in this agreement or applicable provisions of Plans, neither the Distribution nor the termination of the Participating Company status of Resources or any member of the Resources Group shall cause any employee to be deemed to have incurred a termination of employment; and (b) no transfer of employment between REI and Resources before the Distribution Date shall be deemed a termination of employment for any purpose hereunder.
NON-TERMINATION OF EMPLOYMENT. NO THIRD-PARTY BENEFICIARIES. No provision of this Agreement shall be construed to create any right or accelerate entitlement to any compensation or benefit whatsoever on the part of any Mykrolis Employee, Mykrolis Employee or other former, present or future employee of Millipore or Mykrolis under any Millipore Plan or Mykrolis Plan or otherwise. Without limiting the generality of the foregoing: (a) neither the Distribution or Separation, nor the termination of the Participating Company status of Mykrolis shall cause any employee to be deemed to have incurred a termination of employment; and (b) no transfer of employment between Millipore and Mykrolis before the Distribution Date shall be deemed a termination of employment for any purpose hereunder.
NON-TERMINATION OF EMPLOYMENT. Neither the Distribution or Separation, nor the termination of the Participating Company status of Potlatch, Clearwater or any member of the Potlatch Group or Clearwater Group shall cause any employee to be deemed to have incurred a termination of employment; and no transfer of employment between Potlatch and Clearwater before the Distribution Date shall be deemed a termination of employment for any purpose hereunder.
NON-TERMINATION OF EMPLOYMENT. Except as otherwise expressly provided herein, no provision of, or event arising under, this Agreement or any of the other Transaction Agreements (including the occurrence of the Contribution, the Distribution or the termination of Participating Company status with respect to any Heinz Plan or Spinco Plan, as applicable) shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Spinco Employee or other future, present, or former employee of Heinz and any of its Subsidiaries or the Spinco Group under any Heinz Plan or Spinco Plan or otherwise.
NON-TERMINATION OF EMPLOYMENT. NO THIRD-PARTY BENEFICIARIES. No provision of this Agreement or the Separation and Distribution Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Teledyne Technologies Individual or other future, present or former employee of ATI, an ATI Entity, Teledyne Technologies, or a Teledyne Technologies Entity under any ATI Plan or Teledyne Technologies Plan or otherwise. Without limiting the generality of the foregoing: (i) the Distribution shall not cause any employee to be deemed to have incurred a termination of employment which entitles such individual to the commencement of benefits under any of the ATI Plans, any of the Teledyne Technologies Plans,
NON-TERMINATION OF EMPLOYMENT. NO THIRD-PARTY BENEFICIARIES. Except as expressly provided in this Agreement, no provision of this Agreement or the Separation and Distribution Agreement shall be construed to create any right, or accelerate entitlement, to any compensation or benefit whatsoever on the part of any Transferred Individual or other future, present, or former employee of AT&T, an AT&T Entity, Wireless Services, or a Wireless Services Entity under any AT&T Plan or Wireless Services Plan or otherwise. Without limiting the generality of the foregoing: (i) except as expressly provided in this Agreement or with respect to the AT&T Pension Plans and the AT&T Retirement-Related Benefit Plans, neither the occurrence of the Close of the Disposition Date nor the termination of the Participating Company status of Wireless Services or a Wireless Services Entity shall cause any employee to be deemed to have incurred a termination of employment which entitles such individual to the commencement of benefits under any of the Wireless Services Plans or any of the Individual Agreements; (ii) except as expressly provided in this Agreement, nothing in this Agreement shall preclude Wireless Services or any Wireless Services Entity, at any time after the Close of the Disposition Date, from amending, merging, modifying, terminating, eliminating, reducing, or otherwise altering in any respect any Wireless Services Plan, any benefit under any Plan or any trust, insurance policy or funding vehicle related to any Wireless Services Plan; and (iii) except as expressly provided in this Agreement, nothing in this Agreement shall preclude AT&T or any -32- 38 AT&T Entity, at any time after the Close of the Disposition Date, from amending, merging, modifying, terminating, eliminating, reducing, or otherwise altering in any respect any AT&T Plan, any benefit under any Plan or any trust, insurance policy or funding vehicle related to any AT&T Plan.
