Service and Other Factors Determining Benefits Sample Clauses

Service and Other Factors Determining Benefits. With respect to WhiteWave Employees, each WhiteWave Mirror Plan shall provide that all service, all compensation, and all other factors affecting benefit determinations that, as of the Close of the Distribution Date, were recognized under the corresponding Xxxx Foods Plan (for periods immediately before the Close of the Distribution Date) shall receive full recognition, credit, and validity and be taken into account under such WhiteWave Mirror Plan to the same extent as though arising under such WhiteWave Mirror Plan, except to the extent that duplication of benefits would result. Notwithstanding the immediately preceding sentence, in no event shall the crediting of service or any other action taken pursuant to the immediately preceding sentence result in the duplication of benefits for any Combined Group Employee under any Xxxx Plan and any WhiteWave Plan. All beneficiary designations made by WhiteWave Employees under the corresponding Xxxx Foods Plan shall be transferred to and be in full force and effect under the corresponding WhiteWave Mirror Plans until such beneficiary designations are replaced or revoked by the WhiteWave Employees who made the beneficiary designation.
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Service and Other Factors Determining Benefits. Each New Valvoline Plan shall provide that all service, all compensation and all other factors affecting benefit determinations that were recognized under the corresponding Ashland Global Benefit Plan for Valvoline Employees and Former Valvoline Employees who participate in such New Valvoline Plan shall be fully recognized and credited and shall be taken into account under such New Valvoline Plan to the same extent as though arising thereunder; provided that, in the case of any such individuals who become employed by a member of the Valvoline Group following a break in employment, such recognition and credit shall be subject to any applicable policies of the members of Valvoline Group regarding non-continuous employment, to the extent permitted by applicable Law. Notwithstanding the foregoing, in no event shall such crediting of service or any other action taken pursuant to this Section 4.01 result in the duplication of benefits for any Valvoline Employee or Former Valvoline Employee. All beneficiary designations made by Valvoline Employees and Former Valvoline Employees under the corresponding Ashland Global Benefit Plan shall be transferred to and shall be in full force and effect under the applicable New Valvoline Plan until such beneficiary designations are replaced or revoked by the applicable Valvoline Employee or Former Valvoline Employee.
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Service and Other Factors Determining Benefits. Each New ASV Plan shall provide that all service, all compensation and all other factors affecting benefit determinations that were recognized under the corresponding Manitex Benefit Plan for ASV Employees and Former ASV Employees who participate in such New ASV Plan shall be fully recognized and credited and shall be taken into account under such New ASV Plan to the same extent as though arising thereunder; provided that, in the case of any such individuals who become employed by ASV following a break in employment, such recognition and credit shall be subject to any applicable policies of ASV regarding non-continuous employment, to the extent permitted by applicable Law. Notwithstanding the foregoing, in no event shall such crediting of service or any other action taken pursuant to this Section result in the duplication of benefits for any ASV Employee or Former ASV Employee.
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Service and Other Factors Determining Benefits. With respect to R&DCo Employees, each R&DCo Plan shall provide that all service, all compensation, and all other factors affecting benefit determinations that, as of the Distribution Date or Transfer Date, were recognized under the corresponding Ikaria Plan (for periods immediately before the Distribution Date or Transfer Date, as applicable) shall receive full recognition, credit, and validity and be taken into account under such R&DCo Plan to the same extent that such service, compensation and other factors were taken into account under the corresponding Ikaria Plan, as though arising under such R&DCo Plan (or in the case of an R&DCo Plan that is not a Replacement Plan as if such individual had been employed by ServicesCo since his or her date of hire with any member of the Ikaria Group). Notwithstanding the immediately preceding sentence, in no event shall the crediting of service or any other action taken pursuant to the immediately preceding sentence result in the duplication of benefits for any Employee under any Ikaria Plan and any R&DCo Plan.
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Service and Other Factors Determining Benefits. With respect to TruGreen Employees, each TruGreen Mirror Plan shall provide that all service, all compensation, and all other factors affecting benefit determinations that, as of the completion of the Business Separation, were recognized under the corresponding ServiceMaster Plan (for periods immediately before the completion of the Business Separation) shall receive full recognition, credit, and validity and be taken into account under such TruGreen Mirror Plan to the same extent as though arising under such TruGreen Mirror Plan, except to the extent that duplication of benefits would result. Notwithstanding the immediately preceding sentence, in no event shall the crediting of service or any other action taken pursuant to the immediately preceding sentence result in the duplication of benefits for any Combined Group Employee under any ServiceMaster Plan and any TruGreen Plan. All beneficiary designations made by TruGreen Employees under the corresponding ServiceMaster Plan shall be transferred to and be in full force and effect under the corresponding TruGreen Mirror Plans until such beneficiary designations are replaced or revoked by the TruGreen Employees who made the beneficiary designation.
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Service and Other Factors Determining Benefits. With respect to SpinCo Employees, each SpinCo Plan shall provide that all service, all compensation, and all other factors affecting benefit determinations that, as of the Distribution Date were recognized under the corresponding Legacy Plan (for periods immediately before the Distribution Date) shall receive full recognition, credit, and validity and be taken into account under such SpinCo Plan to the same extent that such service, compensation and other factors were taken into account under the corresponding Legacy Plan, as though arising under such SpinCo Plan (or, in the case of an SpinCo Plan that is not a Replacement Plan, as if such individual had been employed by the SpinCo Group since his or her date of hire with any member of the Combined Group). Notwithstanding the immediately preceding sentence, in no event shall the crediting of service or any other action taken pursuant to the immediately preceding sentence result in the duplication of benefits for any Employee under any Legacy Plan and any SpinCo Plan. To the extent permitted under the SpinCo Plans, all beneficiary designations made by SpinCo Employees under the corresponding Legacy Plan shall be transferred to and be in full force and effect under the corresponding Replacement Plans until such beneficiary designations are replaced or revoked by the SpinCo Employees who made the beneficiary designation.
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Service and Other Factors Determining Benefits. With respect to Transferred Employees, Viamet shall use its reasonable best efforts to ensure that all service, all compensation, and all other factors affecting benefit determinations that, as of the Distribution Date were recognized under a Legacy Plan (for periods immediately before the Distribution Date) shall receive full recognition, credit, and validity and be taken into account under such Legacy Plan to the same extent, as if such individual had been employed by VPS-1 since his or her date of hire with Legacy VPI.
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Related to Service and Other Factors Determining Benefits

  • Withholding and other Deductions All compensation payable to Executive hereunder shall be subject to such deductions as the Company is from time to time required to make pursuant to law, governmental regulation or order.

  • Impact on Other Benefits The value of the Restricted Shares (either on the date hereof or at the time the Restricted Shares vest) shall not be includable as compensation or earnings for purposes of any benefit plan offered by the Corporation.

  • Vacation and Other Benefits Each Contract Year, Executive shall be entitled to four (4) weeks of paid vacation in accordance with Employer’s applicable policies and procedures for executive-level employees. Executive shall also be eligible to participate in and receive the fringe benefits generally made available to other executive-level employees of Employer in accordance with and to the extent that Executive is eligible under the general provisions of Employer’s fringe benefit plans or programs; provided, however, that Executive understands that these benefits may be increased, changed, eliminated or added from time to time during the Term as determined in Employer’s sole and absolute discretion.

  • Employees, ERISA and Other Compliance 2.15.1 Neither the Company nor any subsidiary of the Company has any employment contract or consulting agreement currently in effect that is not terminable at will (other than agreements with the sole purpose of providing for the confidentiality of proprietary information or assignment of inventions) without liability to the Company or such subsidiary. All officers, directors, employees and consultants of the Company having access to proprietary information have executed and delivered to the Company an agreement regarding the protection of such proprietary information and the assignment of inventions to the Company; true and complete copies of the form of all such agreements have been delivered to DoveBid.

  • Corrective and Other Allocations In the event of any allocation of Additional Book Basis Derivative Items or any Book-Down Event or any recognition of a Net Termination Loss, the following rules shall apply:

  • Insurance and Other Benefits During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in the Company’s insurance programs and any ERISA benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be entitled to paid personal days on a basis consistent with the Company’s other senior executives, as determined by the Board. The Executive shall be bound by all of the policies and procedures established by the Company from time to time. However, in case any of those policies conflict with the terms of this Agreement, the terms of this Agreement shall control.

  • Expenses and Other Benefits 6.1 The Company shall promptly reimburse to the Executive all reasonable travel and other out of pocket expenses properly incurred by him in the performance of his duties under the Employment. The Executive will submit claims for expenses reimbursement to the Company regularly with appropriate supporting documentation.

  • Royalties and Other Payments A. For the rights, privileges and exclusive license granted hereunder, Licensee shall pay to CMCC the following amounts in the manner hereinafter provided. Unless expressly stated otherwise in this Agreement, periodic payment obligations listed below shall endure through the Term of this Agreement, unless this Agreement shall be sooner terminated as hereinafter provided:

  • Executive Perquisites, Benefits and Other Compensation Employee shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:

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