No Acceleration of Benefits. Except as otherwise provided in this Agreement or in the Distribution Agreement, no provision of this Agreement or the Distribution Agreement shall be construed to create any right, or accelerate vesting or entitlement, to any compensation or benefit whatsoever on the part of any Spinco Employee or Spinco Individual or other future, present or former employee of the AT Co. Group or Spinco Group under any benefit plans, policies, and compensation programs of the AT Co. Group or Spinco Group.
Appears in 4 contracts
Samples: Employee Benefits Agreement (Valor Communications Group Inc), Employee Benefits Agreement (Valor Communications Group Inc), Employee Benefits Agreement (Alltel Corp)
No Acceleration of Benefits. Except as otherwise provided in this Agreement or in the Distribution Agreement, no provision of this Agreement or the Distribution Agreement shall be construed to create any right, or accelerate vesting or entitlement, to any compensation or benefit whatsoever on the part of any Spinco SpinCo Employee or Spinco Individual other former, current or other future, present or former future employee of the AT Co. DevCo Group or Spinco SpinCo Group under any benefit plans, policies, and compensation programs Benefit Arrangement of the AT Co. DevCo Group or Spinco SpinCo Group.
Appears in 4 contracts
Samples: Employee Matters Agreement (Aimco OP L.P.), Employee Matters Agreement (Aimco Properties L.P.), Employee Matters Agreement (Aimco OP L.P.)