Beam Participating Employer definition

Beam Participating Employer means Beam and any other Related Employer that is a direct or indirect subsidiary of Beam and which, with the approval of the board of directors of Beam, shall adopt this Plan for the benefit of its employees, according to a resolution of the board of directors or equivalent authority of such Related Employer, considered severally.
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Beam Participating Employer means Jim Beam Brands Worldwide, Inc., Jim Beam Brands Co. and any other Related Employer that is a direct or indirect subsidiary of Jim Beam Brands Worldwide, Inc., and which, with the approval of the board of directors of Jim Beam Brands Worldwide, Inc., adopts this Plan for the benefit of its employees, according to a resolution of the board of directors or equivalent authority of such Related Employer, considered severally.
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Examples of Beam Participating Employer in a sentence

  • Notwithstanding the foregoing, any loans outstanding as of December 31, 1995 of a Participant who is an Employee of Fortune, an ACCO Participating Employer or a Beam Participating Employer (1) will not be included for purposes of determining the number of loans that may be outstanding under this Plan, (2) will not be subject to the 30-day limitation set forth in the immediately preceding sentence, and (3) will not be refinanced.

  • The amount of Profit-Sharing Contribution, if any, for a Plan Year will be determined by the board of directors or other governing body of each Beam Participating Employer, in its sole discretion, on or before the date (including extensions) for filing the Federal income tax return of the Beam Participating Employer for the taxable year for which the Profit-Sharing Contribution is made.

  • Each Participant who is an Employee of Fortune, an Acushnet Participating Employee or a Beam Participating Employer will at all times be 100% vested in his Grandfathered Withdrawal Account.

  • Any Profit-Sharing Contribution made by a Beam Participating Employer pursuant to this Section 3.03 will be allocated to the Profit-Sharing Accounts of its eligible Participants in the same proportion as the Adjusted Earnings for each such Participant bears to the total Adjusted Earnings of all such eligible Participants for such Plan Year.

  • Each Participant who is an Employee of a Beam Participating Employer will at all times be 100% vested in his Withdrawal Balance of any Grandfathered Withdrawal Account and will be vested in any remaining balance of his Grandfathered Withdrawal Account in the same manner that his Profit-Sharing Account vests in accordance with Section 7.01(b).

  • Each Participant who is an Employee of a Beam Participating Employer will be entitled to an allocation of any Profit-Sharing Contribution of a Beam Participating Employer for the Plan Year in which he initially becomes a Participant based upon his Adjusted Earnings for the entire Plan Year; provided he is otherwise entitled to an allocation of such Profit-Sharing Contribution for such Plan Year in accordance with this Section 3.03(c).

  • A Beam Participating Employer may determine that no Profit-Sharing Contribution will be made for a particular year.

  • For purposes of this Section 3.03, each Participant who is an Employee of a Beam Participating Employer will be entitled to an allocation of any Profit-Sharing Contribution of the Beam Participating Employers for a Plan Year only if (1) he completed at least 1,000 Hours of Service in such Plan Year, or (2) his employment terminated due to Retirement, Disability, Termination of Employment Without Fault or death in such Plan Year.

  • Notwithstanding any other provision of this Plan to the contrary, no Company Matching Contributions shall be made with respect to Tax Deferred Contributions of any Participant employed by any Beam Participating Employer.

  • A Participant who is an Employee of a Beam Participating Employer shall be one hundred percent (100%) vested in the Withdrawal Balance (as defined in Section 9.06) in his Withdrawal Account.

Related to Beam Participating Employer

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Participating Company means the Company or any Parent Corporation or Subsidiary Corporation.

  • Related Employer means the Employer and (a) any corporation that is a member of a controlled group of corporations as defined in Code Section 414(b) that includes the Employer and (b) any trade or business that is under common control as defined in Code Section 414(c) that includes the Employer.

  • Participating Companies means any insurance company (including Insurance Company) that offers variable annuity and/or variable life insurance contracts to the public and that has entered into an agreement with one or more of the Funds.

  • Participating public employer means a public employer as defined in ORS 238.005 that

  • Affiliated Employer means any corporation which is a member of a controlled group of corporations (as defined in Code Section 414(b)) which includes the Employer; any trade or business (whether or not incorporated) which is under common control (as defined in Code Section 414(c)) with the Employer; any organization (whether or not incorporated) which is a member of an affiliated service group (as defined in Code Section 414(m)) which includes the Employer; and any other entity required to be aggregated with the Employer pursuant to Regulations under Code Section 414(o).

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • Large employer means, in connection with a group health plan or health insurance coverage with

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • Eligible employer means an employer that:

  • Plan Sponsor means an employer, trustee, trade union or association or a combination of them that establishes a capital accumulation plan, and includes a plan service provider to the extent that the plan sponsor has delegated its responsibilities to the plan service provider; and

  • Participating Affiliate means an Affiliate which has been designated by the Committee in advance of the Purchase Period in question as a corporation whose eligible Permanent Full-Time Employees may participate in the Plan.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • The Employer or “The Purchaser” means the "Registrar General, High Court of Madhya Pradesh, Jabalpur" and the "District Judge" of the District Courts.

  • Managing Employee means a general manager, business manager, administrator, director, or other individual who exercises operational or managerial control over, or who directly or indirectly conducts the day-to-day operation of an institution, organization, agency or business entity;

  • New Employer means, after a Change in Control, a Participant’s employer, or any direct or indirect parent or any direct or indirect majority-owned subsidiary of such employer.

  • School employer means a board of school directors, the

  • Employing Company means the Company and any affiliate or subsidiary of The Southern Company which the Board of Directors may from time to time determine to bring under the Plan and which shall adopt the Plan, and any successor of them. The Employing Companies are set forth on Appendix A to the Plan as updated from time to time. No such entity shall be treated as an Employing Company prior to the date it adopts the Plan.

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Public employer means the State of Oregon, and the following political subdivisions:

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.

  • Plan Participant means a person who is eligible to receive, and is receiving, a pension benefit from the Plan.