Common use of Foreign Employee Benefit Plans Clause in Contracts

Foreign Employee Benefit Plans. Except as otherwise provided on Schedule 7.1 of this Agreement, Moody's shall provide Moody's Employees who permanently reside outside the United States with employee benefit plans, programs and arrangements that are comparable, in the aggregate, to the Employee Benefit Plans in which such Moody's Employees currently participate, but only to the extent Moody's can provide such employee benefits without incurring cost significantly higher than the cost to provide such employee benefits prior to the Effective Time.

Appears in 4 contracts

Samples: Employee Benefits Agreement (New D&b Corp), Employee Benefits Agreement (New D&b Corp), Employee Benefits Agreement (New D&b Corp)

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