FHP Individual definition
FHP Individual means any person who immediately after the Expiration Date is a current or former officer or employee of FHP or any entity which is a member of the same controlled group of corporations (within the meaning of Section 1563(a) of the Internal Revenue Code of 1986, as amended (the "Code")) as FHP (after giving effect to the Offering) or any current or former director of FHP, who does not then become exclusively a ▇▇▇▇▇▇▇ Individual, and any duly designated legal representative or beneficiary of any FHP Individual.
Examples of FHP Individual in a sentence
There will be no third party beneficiaries under this Benefits Agreement, including, without limitation, any ▇▇▇▇▇▇▇ Individual or FHP Individual.