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 SIP, the BMSPR SIP, the Mead Johnson SIP or the Mead Johnson PR SIP, each of which shall provide that no distribution of retirement benefits shall be made to any U.S. Mead Johnson 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)