Common use of No Assumption or Substitution Clause in Contracts

No Assumption or Substitution. If the Participant is entitled to a benefit pursuant to Section 5(b), distributions shall be made in accordance with Section 5(e) on the Change in Control Payment Date.

Appears in 11 contracts

Samples: Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp)

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No Assumption or Substitution. If the Participant is entitled to a benefit pursuant to Section 5(b6(b), distributions shall be made in accordance with Section 5(e6(e) on the Change in Control Payment Date.

Appears in 7 contracts

Samples: Award Agreement (Centerpoint Energy Resources Corp), Award Agreement (Centerpoint Energy Resources Corp), Award Agreement (Centerpoint Energy Inc)

No Assumption or Substitution. If the Participant is entitled to a benefit pursuant to Section 5(b), distributions shall be made in accordance with Section 5(e5(d) on the Change in Control Payment Date.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Centerpoint Energy Inc), Restricted Stock Unit Award Agreement (Centerpoint Energy Inc), Restricted Stock Unit Award Agreement (Centerpoint Energy Inc)

No Assumption or Substitution. If the Participant is entitled to a benefit pursuant to Section 5(b6(b), distributions shall be made in accordance with Section 5(e6(d) on the Change in Control Payment Date.

Appears in 4 contracts

Samples: Award Agreement (Centerpoint Energy Inc), Performance Award Agreement for Officers and Director Employees (Centerpoint Energy Inc), Award Agreement (Centerpoint Energy Inc)

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No Assumption or Substitution. If the Participant is entitled to a benefit pursuant to Section 5(b6(b), distributions shall be made in accordance with Section 5(e6(e) on the Change in Control Payment Date.. (2)

Appears in 1 contract

Samples: Term Incentive Plan Performance Award Agreement (Centerpoint Energy Resources Corp)

No Assumption or Substitution. If the Participant is entitled to a benefit pursuant to Section 5(b), distributions shall be made in accordance with Section 5(e) on the Change in Control Payment Date.. (2)

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp)

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