Common use of Not a Change in Control Clause in Contracts

Not a Change in Control. The Parties hereto acknowledge and agree that the transactions contemplated by the Separation Agreement and this Agreement do not constitute a “change in control” for purposes of any Duke Energy Benefit Plan or Spectra Energy Benefit Plan.

Appears in 3 contracts

Samples: Employee Matters Agreement (Spectra Energy Corp.), Employee Matters Agreement (Duke Energy CORP), Employee Matters Agreement (Spectra Energy Corp.)

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Not a Change in Control. The Parties hereto acknowledge and agree that the transactions contemplated by the Separation Agreement and this Agreement do not constitute a “change in control” for purposes of any Duke Energy Benefit Plan or Spectra Energy GasCo Benefit Plan.

Appears in 1 contract

Samples: Employee Matters Agreement (Spectra Energy Corp.)

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