No Distributions. No SpinCo Group Employee shall be entitled to a right to a distribution of his or her benefit under the Parent 401(k) Plan as a result of his or her transfer of employment from the Parent Group to the SpinCo Group nor as a result of the completion of the Separation.
Appears in 5 contracts
Samples: Employee Matters Agreement (Consensus Cloud Solutions, Inc.), Employee Matters Agreement (Consensus Cloud Solutions, Inc.), Employee Matters Agreement (Frontdoor, Inc.)
No Distributions. No Except when a distribution may otherwise be available under the Parent 401(k) Plan, no SpinCo Group Employee shall be entitled to a right to a distribution of his or her benefit under the Parent 401(k) Plan solely as a result of his or her transfer of employment from the Parent Group to the SpinCo Group nor as a result of the completion of the Separation.
Appears in 4 contracts
Samples: Employee Matters Agreement (Equitrans Midstream Corp), Employee Matters Agreement (EQT Corp), Employee Matters Agreement (Equitrans Midstream Corp)
No Distributions. No SpinCo Group Employee shall be entitled to a right to a distribution of his or her benefit under the Parent 401(k) Plan as a result of the Separation, Distribution or the assignment of his or her transfer of employment from the Parent Group to the SpinCo Group nor as a result of the completion of the Separationcontemplated by Section 3.01.
Appears in 2 contracts
Samples: Employee Matters Agreement (Embecta Corp.), Employee Matters Agreement (Embecta Corp.)
