International Employee Plan definition

International Employee Plan means each Company Employee Plan that has been adopted or maintained by the Company or any Affiliate, whether informally or formally, or with respect to which the Company or any Affiliate will or may have any liability, for the benefit of Employees who perform services outside the United States;
International Employee Plan means each Company Employee Plan or Employee Agreement that has been adopted, contributed to, required to be contributed to, or maintained by the Company, its Subsidiary or any ERISA Affiliate, whether formally or informally, or with respect to which the Company or any ERISA Affiliate will or may have any liability, for the benefit of Employees who perform services outside the United States.
International Employee Plan means any Employee Plan that is maintained in a jurisdiction outside of the United States for the benefit of employees, independent contractors, consultants and/or directors located in such jurisdiction.

Examples of International Employee Plan in a sentence

  • Each International Employee Plan has been established, maintained and administered in compliance with its terms and conditions and with the requirements prescribed by any and all statutory or regulatory laws that are applicable to such International Employee Plan.

  • Except as required by applicable law, no condition exists that would prevent the Company, or, following the Effective Time, Parent, from terminating or amending any International Employee Plan at any time for any reason without liability to the Company, or, following the Effective Time, Parent.

  • Furthermore, no International Employee Plan has unfunded liabilities, that as of the Effective Time, will not be offset by insurance or fully accrued.


More Definitions of International Employee Plan

International Employee Plan means each Seller Employee Plan that has been adopted or maintained by Seller or any ERISA Affiliate, whether formally or informally, or with respect to which Seller or any ERISA Affiliate will or may have any Liability, for the benefit of Employees who perform or performed services outside the United States.
International Employee Plan means an employee plan that has been adopted or maintained by a Person, whether informally or formally, for the benefit of current or former employees of such Person outside the United States.
International Employee Plan means each Company Employee Plan and each government-mandated plan or program that has been adopted or maintained by the Company or any ERISA Affiliate, whether informally or formally, or with respect to which the Company or any ERISA Affiliate will or may have any liability, for the benefit of Employees who perform services outside the United States. This shall include, in Israel, manager's insurance or other provident or pension funds which are not government-mandated but were set up to provide for the Company's legal obligation to pay statutory severance pay (Pitzuay Piturim) under the Severance Pay Law 5723-1963.
International Employee Plan means any Employee Plan that is maintained in any non-U.S. jurisdiction.
International Employee Plan means a Company Plan that is primarily subject to the Laws of a jurisdiction outside the United States.
International Employee Plan shall have the meaning set forth in Section 3.14(a)(viii).