Common use of Recognition of Service Clause in Contracts

Recognition of Service. Visteon shall recognize, or shall cause its subsidiaries or affiliates to recognize, the Ford Service Date or Subsidiary Service Date, as applicable, of each Global Visteon Employee in determining years of service under the employee benefit plans and other compensation and benefit practices and polices of Visteon or its subsidiaries or affiliates both prior to the Benefit Transition Date and thereafter, except as otherwise provided in this Agreement.

Appears in 4 contracts

Samples: Employee Transition Agreement (Visteon Corp), Employee Transition Agreement (Visteon Corp), Employee Transition Agreement (Visteon Corp)

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Recognition of Service. Visteon shall recognize, or shall cause its subsidiaries or affiliates to recognize, the Ford Service Date or Subsidiary Service Date, as applicable, of each Global Visteon Employee in determining years of service under the employee benefit plans and other compensation and benefit practices and polices of Visteon or its subsidiaries or affiliates both prior to the Benefit Transition Date and thereafter, except as otherwise provided in this Agreement.. 2.04

Appears in 1 contract

Samples: Employee Transition Agreement

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