Common use of RHD Plans Clause in Contracts

RHD Plans. Except as provided in Section 5.6 herein, (a) with respect to any newly created Employee Benefit Plan sponsored by the RHD Group after the Effective Time, the RHD Group shall cause to be recognized (to 22 the extent applicable) each RHD Employee's (i) past service with the Corporation Group to the extent recognized under similar plans maintained by the Corporation Group immediately prior to the Effective Time and (ii) accrued but unused vacation time and sick days, and (b) any RHD Employee who participated in a Corporation Employee Benefit Plan immediately prior to the Effective Time shall be entitled to immediate participation in a similar newly created Employee Benefit Plan sponsored by the RHD Group.

Appears in 2 contracts

Samples: Employee Benefits Agreement (New Dun & Bradstreet Corp), Employee Benefits Agreement (Dun & Bradstreet Corp)

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RHD Plans. Except as provided in Section 5.6 herein, (a) with respect to any newly created Employee Benefit Plan sponsored by the RHD Group after the Effective Time, the RHD Group shall cause to be recognized (to 22 the extent applicable) each RHD Employee's (i) past service with the Corporation Group to the extent recognized under similar plans maintained by the Corporation Group immediately prior to the Effective Time and (ii) accrued but unused vacation time and sick days, and (b) any RHD Employee who participated in a Corporation Employee Benefit Plan immediately prior to the Effective Time shall be entitled to immediate participation in a similar newly created Employee Benefit Plan sponsored by the RHD Group.

Appears in 1 contract

Samples: Employee Benefits Agreement (New Dun & Bradstreet Corp)

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RHD Plans. Except as provided in Section 5.6 herein, (a) with respect to any newly created Employee Benefit Plan sponsored by the RHD Group after the Effective Time, the RHD Group shall cause to be recognized (to 22 the extent applicable) each RHD Employee's (i) past service with the Corporation Group to the extent recognized under similar plans maintained by the Corporation Group immediately prior to the Effective Time and (ii) accrued but unused vacation time and sick days, and (b) any RHD Employee who participated in a Corporation Employee Benefit Plan immediately prior to the Effective Time shall be entitled to immediate participation in a similar newly 22 22 created Employee Benefit Plan sponsored by the RHD Group.

Appears in 1 contract

Samples: Employee Benefits Agreement (Dun & Bradstreet Corp /De/)

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