Common use of No Loss of Unvested Benefits; No Distributions Clause in Contracts

No Loss of Unvested Benefits; No Distributions. The transfer of any UpstreamCo Group Employee’s employment to the UpstreamCo Group will not result in loss of that UpstreamCo Group Employee’s unvested benefits (if any) under the applicable Parent Savings Plan, the Liability for which benefits will be assumed under the corresponding UpstreamCo Savings Plan as provided herein. No UpstreamCo Group Employee shall be entitled to a distribution of his or her benefit under the Parent Savings Plan or UpstreamCo Savings Plan as a result of such transfer of employment.

No Loss of Unvested Benefits; No Distributions. The transfer of any UpstreamCo Group Employee’s employment to the UpstreamCo Group will not result in the loss of that UpstreamCo Group Employee’s unvested accrued benefits (if any) under the applicable Parent Savings PlanDivided Pension Plans, the Liability for which benefits will shall be assumed under the corresponding UpstreamCo Savings Plan Pension Plans as provided herein. No UpstreamCo Group Employee shall be entitled to a distribution of his or her benefit under the applicable Parent Savings Divided Pension Plan or the applicable UpstreamCo Savings Pension Plan as a result of such transfer of employment.