Subsequent Employer. Except as provided in Section 5.7 herein, if, during the one-year period following the Effective Time, a RHD Employee or a New D&B Employee terminates employment with his or her employer and then immediately commences employment with the RHD Group or the New D&B Group, the subsequent employer shall cause to be recognized (to the extent applicable) such employee's past service with the Corporation Group, the RHD Group or the New D&B Group to the extent recognized under similar plans maintained by the prior employer. Notwithstanding the foregoing, no past service shall be recognized with respect to pension accruals under the defined benefit plans of the subsequent employer.
Appears in 4 contracts
Samples: Employee Benefits Agreement (New Dun & Bradstreet Corp), Employee Benefits Agreement (New Dun & Bradstreet Corp), Employee Benefits Agreement (Dun & Bradstreet Corp)
