No Loss of Unvested Benefits; No Distributions. The transfer of any Transferred Employee’s employment to the AbbVie Group will not result in loss of that Transferred Employee’s unvested benefits under the Abbott SRP or the AbbVie Savings Plan and no Transferred Employee shall be entitled to a distribution of his or her benefit under the Abbott SRP as a result of such transfer of employment.
Appears in 2 contracts
Samples: Employee Matters Agreement (AbbVie Inc.), Employee Matters Agreement (AbbVie Inc.)
No Loss of Unvested Benefits; No Distributions. The transfer of any Transferred Employee’s employment to the AbbVie Group will not result in loss of that Transferred Employee’s unvested benefits under the Abbott SRP ARP or the AbbVie Savings Pension Plan and no Transferred Employee shall be entitled to a distribution of his or her benefit under the Abbott SRP ARP as a result of such transfer of employment.
Appears in 2 contracts
Samples: Employee Matters Agreement (AbbVie Inc.), Employee Matters Agreement (AbbVie Inc.)