Common use of No Separation from Service Clause in Contracts

No Separation from Service. Neither the Separation nor the IPO shall constitute a separation from service or a termination of employment under the BMS RIP, the BMSPR RIP, the ▇▇▇▇ ▇▇▇▇▇▇▇ RIP or the ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ RIP, each of which shall provide that no distribution of retirement benefits shall be made to any U.S. ▇▇▇▇ ▇▇▇▇▇▇▇ Transferred Employee on account of the Separation and IPO.

Appears in 3 contracts

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