Intertan Plan definition

Intertan Plan means the defined benefit scheme in respect of the former employees of the Tandy pension scheme who were transferred to the Carphone Warehouse Limited in 1999;
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Examples of Intertan Plan in a sentence

  • No member of the CPW Group is or has been at any time on or after 27 April 2004 but before Completion, associated or connected (as defined in section 38(10) of the Pensions Act 2004) with any person who is or was the employer in relation to an occupational pension scheme which is not a money purchase scheme or a prescribed scheme under section 38(1) or 43(1) of the Pensions Act 2004 (other than the Intertan Plan).

  • CPW will indemnify and keep indemnified the Newco Group in respect of all Costs which any member of the Newco Group may sustain, incur or pay in connection with the Intertan Plan, including without limitation under section 75 of the Pensions ▇▇▇ ▇▇▇▇ and if it fails to so indemnify within three Business Days of a demand by Best Buy, CPW will pay 50% of such amount to Best Buy (so that paragraphs 5 and 6 of Part B of Schedule 7 shall apply).