Not a Change in Control. The Parties acknowledge and agree that neither the consummation of the Separation, the Distributions nor any transaction contemplated by this Agreement, the Separation Agreement or any other Ancillary Agreement shall be deemed a “change in control,” “change of control” or term of similar import for purposes of any Benefit Plan sponsored or maintained by any member of the UTC Group, the Carrier Group or the Otis Group.
Appears in 7 contracts
Sources: Employee Matters Agreement (Raytheon Technologies Corp), Employee Matters Agreement (Carrier Global Corp), Employee Matters Agreement (Otis Worldwide Corp)
Not a Change in Control. The Parties acknowledge and agree that neither the consummation of the Separation, the Distributions nor any transaction transactions contemplated by this Agreement, the Separation and Distribution Agreement or any other Ancillary and this Agreement shall be deemed do not constitute a “change in control,” or a “change of control” or term of similar import for purposes of any Benefit Plan sponsored or maintained by any member of the UTC Group, the Carrier Group or the Otis GroupPlan.
Appears in 7 contracts
Sources: Employee Matters Agreement (Aptevo Therapeutics Inc.), Employee Matters Agreement (Aptevo Therapeutics Inc.), Employee Matters Agreement (Baxter International Inc)
Not a Change in Control. The Parties acknowledge and agree that neither the consummation of the Separation, the Distributions nor any transaction Distribution and other transactions contemplated by this Agreement, the Separation and Distribution Agreement or any other Ancillary and this Agreement shall be deemed do not constitute a “change in control,” or a “change of control” or term of similar import for purposes of any Benefit Plan sponsored Plan, any Employment Agreement or maintained by any member of the UTC Group, the Carrier Group other agreement or the Otis Grouparrangement.
Appears in 7 contracts
Sources: Employee Matters Agreement (Cognyte Software Ltd.), Employee Matters Agreement (Cognyte Software Ltd.), Employee Matters Agreement (Maxeon Solar Technologies, Ltd.)
Not a Change in Control. The Parties acknowledge and agree that neither the consummation of the Separation, the Distributions Distribution nor any transaction contemplated by this Agreement, the Separation and Distribution Agreement or any other Ancillary Agreement shall be deemed a “change in control,” “change of control,” or term of similar import for purposes of any Benefit Plan sponsored or maintained by any member of the UTC Group, the Carrier Parent Group or member of the Otis Varex Group.
Appears in 5 contracts
Sources: Employee Matters Agreement, Employee Matters Agreement (Varian Medical Systems Inc), Employee Matters Agreement (Varex Imaging Corp)
Not a Change in Control. The Parties acknowledge and agree that neither the consummation of the Separation, the Distributions nor any transaction transactions contemplated by this Agreement, the Separation and Distribution Agreement or any other Ancillary and this Agreement shall be deemed do not constitute a “change in control,” or a “change of control” or term of similar import for purposes of any U.S. Benefit Plan sponsored or maintained by any member of the UTC Group, the Carrier Group or the Otis GroupPlan.
Appears in 3 contracts
Sources: Employee Matters Agreement (Organon & Co.), Employee Matters Agreement (Organon & Co.), Employee Matters Agreement (Organon & Co.)
Not a Change in Control. The Parties acknowledge and agree that neither the consummation of the Separation, the Distributions nor any transaction transactions contemplated by this Agreement, the Separation Agreement or any other Ancillary and this Agreement shall be deemed do not constitute a “change in control,” or a “change of control” or term of similar import for purposes of any Benefit Plan sponsored or benefit plan maintained by any member of the UTC Group, the Carrier Group Parties or the Otis Grouptheir Affiliates.
Appears in 3 contracts
Sources: Employee Matters Agreement (Manitowoc Foodservice, Inc.), Employee Matters Agreement (Manitowoc Co Inc), Employee Matters Agreement (Manitowoc Foodservice, Inc.)
Not a Change in Control. The Parties hereto acknowledge and agree that neither the consummation of the Separation, the Distributions nor any transaction transactions contemplated by this Agreement, the Separation and Distribution Agreement or any other Ancillary and this Agreement shall be deemed do not constitute a “change in control,” “change of control” or term of similar import for purposes of any ADP Benefit Plan sponsored or maintained by any member of the UTC Group, the Carrier Group or the Otis GroupCDK Benefit Plan.
Appears in 2 contracts
Sources: Employee Matters Agreement (CDK Global, Inc.), Employee Matters Agreement (Dealer Services Holdings LLC)
Not a Change in Control. The Parties hereto acknowledge and agree that neither the consummation none of the Separation, Distribution or any of the Distributions nor any transaction transactions contemplated by this Agreement, the Separation Agreement or any other Ancillary and this Agreement constitute, and shall not be deemed to be, a “change in control,” “change of control” or term of similar import for purposes of any Questar Benefit Plan sponsored or maintained by any member of the UTC Group, the Carrier Group or the Otis GroupQEP Benefit Plan.
Appears in 1 contract