Common use of Termination of Participating Company Status Clause in Contracts

Termination of Participating Company Status. Except as otherwise may be mutually agreed upon by BMS and Xxxx Xxxxxxx, effective as of the Separation Date or such other date as of which BMS establishes a comparable Plan, BMS shall automatically cease to be a Participating Company in the corresponding Xxxx Xxxxxxx Plan.

Appears in 3 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Mead Johnson Nutrition Co), Employee Matters Agreement (Mead Johnson Nutrition Co)

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Termination of Participating Company Status. Except as otherwise may be mutually agreed upon by BMS and Xxxx Xxxxxxx, effective as of the Separation Date or such other date as of which BMS Xxxx Xxxxxxx establishes a comparable PlanPlan (as specified in Section 2.2 or otherwise in this Agreement), BMS Xxxx Xxxxxxx shall automatically cease to be a Participating Company in the corresponding Xxxx Xxxxxxx BMS Plan.

Appears in 3 contracts

Samples: Employee Matters Agreement, Employee Matters Agreement (Mead Johnson Nutrition Co), Employee Matters Agreement (Mead Johnson Nutrition Co)

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