Examples of Subsequently Transferred Keysight Employees in a sentence
From and after the Operational Separation Date for Keysight Group Employees or Transfer Date with respect to any Subsequently Transferred Keysight Employees, no Keysight Group Employee or Subsequently Transferred Keysight Employee shall participate in or accrue any benefits under any Agilent Nonqualified Plan.
The Assets and Liabilities described in the preceding two (2) sentences with respect to Subsequently Transferred Keysight Employees and Returning Agilent Employees shall be determined based on the procedures set forth in Section 5.01(b) using the Distribution Date (or such other date as agreed to by the parties) instead of the Operational Separation Date and with respect to the calculation for any Returning Agilent Employees, replacing the reference to Keysight with Agilent and Agilent with Keysight.
Keysight Group Employees and Subsequently Transferred Keysight Employees covered by the Agilent Variable Pay Plans as of the Operational Separation Date shall continue to be eligible to participate in such plans until immediately prior to the Effective Time.
As of the Effective Time (or such other times as agreed to by the parties), with respect to any Subsequently Transferred Keysight Employees or Returning Agilent Employees, there shall be an adjustment in the transfer of Assets and assumption of Liabilities as described in Section 5.01(b), in accordance with such Section 5.01(b) as modified by this Section 5.01(c).
On the Operational Separation Date for Keysight Group Employees or the Distribution Date for any Subsequently Transferred Keysight Employees (or such other times as mutually agreed to by the parties), Agilent shall cause the trustee of the Agilent DPSP to transfer from the Agilent Master Trust to the Keysight Master Trust, the account balances of such persons under the Agilent DPSP, determined as of the date of the transfer.
With respect to any Subsequently Transferred Keysight Employees and Returning Agilent Employees, account balances shall be transferred in kind on or as soon as practical after the applicable Transfer Date and determined as of the date of transfer.
Agilent shall continue to be responsible for Liabilities in respect of Agilent Group Employees (and after the Transfer Date, any Returning Agilent Employees but not any Subsequently Transferred Keysight Employees) under the Agilent Nonqualified Plans.
Except as otherwise provided in this Agreement, references to Agilent Group Employees, Keysight Group Employees, Returning Agilent Employees, Subsequently Transferred Keysight Employees, and non-employee directors of either Agilent or Keysight, shall be deemed to refer to their eligible beneficiaries, dependents, survivors, spouses and alternate payees, as applicable.
With respect to any Returning Agilent Employee, to the extent applicable, the Agilent Retirement Plan shall assume and honor QDROs and recognize compensation paid and service with the Keysight Group under comparable terms to those that apply to Keysight Group Employees and Subsequently Transferred Keysight Employees under the Keysight Retirement Plan.
Excess Benefit Retirement Plan has also been established and shall govern those benefits that had accrued as of December 31, 2004, under the frozen Agilent EBRP by Keysight Group Employees and Subsequently Transferred Keysight Employees.