No Transfer of Assets. Except as required by applicable Law, nothing in this Agreement shall require any member of the Honeywell Group or the Honeywell Nonqualified Deferred Compensation Plans to transfer assets or reserves with respect to the Honeywell Nonqualified Deferred Compensation Plans to any member of the SpinCo Group or the SpinCo Nonqualified Deferred Compensation Plans.
Appears in 5 contracts
Samples: Employee Matters Agreement (Resideo Technologies, Inc.), Employee Matters Agreement (Resideo Technologies, Inc.), Employee Matters Agreement (Resideo Technologies, Inc.)
No Transfer of Assets. Except as required by applicable Law, nothing in this Agreement shall require any member of the Honeywell Group or the Honeywell Nonqualified Deferred Compensation Plans to transfer assets or reserves with respect to the Honeywell Nonqualified Deferred Compensation Plans to any member of the SpinCo Group or the SpinCo Spinco Nonqualified Deferred Compensation Plans.
Appears in 4 contracts
Samples: Employee Matters Agreement (Garrett Motion Inc.), Employee Matters Agreement (Garrett Motion Inc.), Employee Matters Agreement (Garrett Transportation Systems Inc.)
