Common use of No Adverse Effect Clause in Contracts

No Adverse Effect. The determinations and calculations made pursuant Sections 5(a)(ii)(A)(2) and 5(a)(ii)(B) shall be made without giving effect to any amendments made to the Company Pension Plans during the Employment Period that adversely affect in any manner the amount of pension benefits payable to the Executive under the Company Pension Plans.

Appears in 3 contracts

Samples: Change of Control Employment Agreement (PNC Financial Services Group, Inc.), Control Employment Agreement (PNC Financial Services Group Inc), Change of Control Employment Agreement (PNC Financial Services Group Inc)

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No Adverse Effect. The determinations and calculations made pursuant to Sections 5(a)(ii)(A)(2) and 5(a)(ii)(B) shall be made without giving effect to any amendments made to the Company Pension Plans during the Employment Period that adversely affect in any manner the amount of pension benefits payable to the Executive under the Company Pension Plans.

Appears in 2 contracts

Samples: Control Employment Agreement (PNC Financial Services Group Inc), Change of Control Employment Agreement (PNC Financial Services Group Inc)

No Adverse Effect. The determinations and calculations made pursuant to Sections 5(a)(ii)(A)(25(a)(ii)(A) and 5(a)(ii)(B) shall be made without giving effect to any amendments made to the Company Pension Plans during the Employment Period that adversely affect in any manner the amount of pension benefits payable to the Executive under the Company Pension Plans.

Appears in 1 contract

Samples: Change of Control Employment Agreement (PNC Financial Services Group Inc)

No Adverse Effect. The determinations and calculations made pursuant to Sections 5(a)(ii)(A)(25(a)(ii)(A) and 5(a)(ii)(B) shall be made without giving effect to any amendments made to the Company Pension Plans during the Employment Period that adversely affect in any manner the amount of pension benefits payable to the Executive under the Company Pension Plans.. [Alternative 2: For all other SERP participants]

Appears in 1 contract

Samples: Control Employment Agreement (PNC Financial Services Group Inc)

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No Adverse Effect. The determinations and calculations made pursuant to Sections 5(a)(ii)(A)(25.2(e)(ii) and 5(a)(ii)(B(iii) shall be made without giving effect to any amendments made to the Company Pension Plans during the Employment Coverage Period that adversely affect in any manner the amount of pension benefits payable to the Executive under the Company Pension Plans.

Appears in 1 contract

Samples: Change in Control Severance Agreement (PNC Financial Services Group Inc)

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