Common use of Pension Fund of an Exempt Beneficial Owner Clause in Contracts

Pension Fund of an Exempt Beneficial Owner. A fund established in Jersey by an exempt beneficial owner to provide retirement, disability, or death benefits to beneficiaries or participants that are current or former employees of the exempt beneficial owner (or persons designated by such employees), or that are not current or former employees, if the benefits provided to such beneficiaries or participants are in consideration of personal services performed for the exempt beneficial owner.

Appears in 6 contracts

Samples: Agreement, Agreement, Non Reporting

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