Common use of Subsequent Employer Clause in Contracts

Subsequent Employer. Except as provided in Section 5.6 herein, if, during the one-year period following the Effective Time, a Corporation Post-Distribution Employee or a IMS Health Employee terminates employment with his or her employer and then immediately commences employment with the Corporation Group or the IMS Health Group, the subsequent employer shall cause to be recognized (to the extent applicable) such employee's past service with the Corporation Group or the IMS Health Group to the extent recognized under similar plans maintained by the prior employer. Notwithstanding the foregoing, no past service shall be recognized with respect to pension accruals under the defined benefit plans of the subsequent employer.

Subsequent Employer. Except as provided in Section 5.6 herein, ifIf, during the one-year period following the Effective Time, a Corporation an IMS Health Post-Distribution Employee or a IMS Health Synavant Inc. Employee terminates employment with his or her employer and then immediately commences employment with the Corporation IMS Health Group or the IMS Health Synavant Inc. Group, the subsequent employer shall cause to be recognized (to the extent applicable) such employee's past service with the Corporation IMS Health Group or the IMS Health Synavant Inc. Group to the extent recognized under similar plans maintained by the prior employer. Notwithstanding the foregoing, no past service shall be recognized with respect to pension accruals under the defined benefit plans of the subsequent employer.

Subsequent Employer. Except as provided in Section 5.6 herein, ifIf, during the one-year period following the Effective Timebeginning August 1, a Corporation 2000, an IMS Health Post-Distribution Employee or a IMS Health Synavant Inc. Employee terminates employment with his or her employer and then immediately commences employment with the Corporation IMS Health Group or the IMS Health Synavant Inc. Group, the subsequent employer shall cause to be recognized (to the extent applicable) such employee's past service with the Corporation IMS Health Group or the IMS Health Synavant Inc. Group to the extent recognized under similar plans maintained by the prior employer. Notwithstanding the foregoing, no past service shall be recognized with respect to pension accruals under the defined benefit plans of the subsequent employer.