The Parties acknowledge that none of the transactions contemplated by this Agreement, the Separation and Distribution Agreement, or any other Ancillary Agreement will trigger a payment or distribution of compensation under any of the Grace Nonqualified Plan or GCP Nonqualified Plan for any participant and, consequently, that the payment or distribution of any compensation to which such participant is entitled under any of the Grace Nonqualified Plan or GCP Nonqualified Plan will occur upon such participant’s separation from service from the GCP Group or at such other time as provided in the applicable GCP Nonqualified Plan or participant’s deferral election.