Allocation of Directors’ Compensation. Pentair shall be responsible for the payment of any fees for service on the Pentair Board that are earned at, before, or after the Effective Time, and nVent shall not have any responsibility for any such payments. With respect to any nVent non-employee director, nVent shall be responsible for the payment of any fees for service on the nVent Board that are earned at any time after the Effective Time and Pentair shall not have any responsibility for any such payments.
Appears in 4 contracts
Samples: Employee Matters Agreement, Employee Matters Agreement (PENTAIR PLC), Employee Matters Agreement (nVent Electric PLC)
