Post-Distribution Service Credit. Except to the extent imposed by applicable Law or required by this Agreement, (i) no SpinCo Entity shall be obligated to recognize any service of a RemainCo Employee after the Distribution Date for any purpose under any SpinCo Benefit Plan, and (ii) no RemainCo Entity shall be obligated to recognize any service of a SpinCo Employee after the Distribution Date for any purpose under any RemainCo Benefit Plan; provided, however, that nothing herein shall prohibit any SpinCo Entity or any RemainCo Entity from recognizing such service.
Appears in 2 contracts
Sources: Employee Matters Agreement (Exterran Corp), Employee Matters Agreement (Exterran Corp)