Common use of No Acceleration of Benefits Clause in Contracts

No Acceleration of Benefits. Except as otherwise provided in this Agreement, no provision of this 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 other former, current or future employee of the Parent Group or SpinCo Group under any Parent Benefit Arrangement.

Appears in 3 contracts

Samples: Employee Matters Agreement (ZimVie Inc.), Employee Matters Agreement (Zimmer Biomet Holdings, Inc.), Employee Matters Agreement (ZimVie Inc.)

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No Acceleration of Benefits. Except as otherwise provided in this Agreementby applicable Law, no provision of this 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 other former, current or future employee of the Parent Group or SpinCo Group under any Benefit Arrangement of the Parent Benefit ArrangementGroup or SpinCo Group.

Appears in 2 contracts

Samples: Employee Matters Agreement (N-Able, Inc.), Employee Matters Agreement (N-Able, LLC)

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