Foreign Employee Benefit Plan definition

Foreign Employee Benefit Plan means any employee benefit plan as defined in Section 3(3) of ERISA which is maintained or contributed to for the benefit of the employees of the Company, any of its respective Subsidiaries or any members of its Controlled Group and is not covered by ERISA pursuant to ERISA Section 4(b)(4).
Foreign Employee Benefit Plan means any employee benefit plan as defined in Section 3(3) of ERISA which is maintained or contributed to for the benefit of the employees of the Company, any of its Subsidiaries or any members of its Controlled Group and is not covered by ERISA pursuant to ERISA Section 4(b)(4).
Foreign Employee Benefit Plan means any Company Benefit Plan that provides benefits only for employees, consultants, independent contractors, stockholders or directors of the Company, any Company Subsidiary or any ERISA Affiliate who are employed or otherwise regularly providing service outside of the United States.

Examples of Foreign Employee Benefit Plan in a sentence

  • Maintain, and cause each Subsidiary to maintain, each Pension Plan and Foreign Employee Benefit Plan in substantial compliance with all applicable requirements of law and regulations.

  • There are no actions, suits or claims pending or, to the knowledge of the Company, threatened against the Company or any Subsidiary or any other member of the Controlled Group with respect to any Foreign Employee Benefit Plan, other than routine claims for benefits and other than claims which, individually and in the aggregate, would not result in a Material Adverse Effect.


More Definitions of Foreign Employee Benefit Plan

Foreign Employee Benefit Plan means any employee benefit plan, program or arrangements maintained or contributed to by the Company or any Subsidiary that has been established, maintained, or sponsored by the Company or any of its Subsidiaries or to which any of the Company or any Subsidiary has contributed, or into which any of the Company or Subsidiary has entered solely for the benefit of non-U.S. active, retired or former employees or directors of the Company or any Subsidiary.
Foreign Employee Benefit Plan means a plan which would be a Benefit Plan except that such plan is maintained or contributed to by an entity which is not a U.S. business entity.
Foreign Employee Benefit Plan any employee benefit plan as defined in Section 3(3) of ERISA which is maintained or contributed to for the benefit of the employees of the Borrower and its Subsidiaries, but which is not covered by ERISA pursuant to ERISA Section 4(b)(4). “Foreign Lender”: as defined in Section 2.17(g). “Foreign Recovery Event”: as defined in Section 2.10(b)(vii). “Foreign Subsidiary”: any Restricted Subsidiary that is not organized under the laws of the United States of America, any state thereof or the District of Columbia and any Restricted Subsidiary of such Foreign Subsidiary. “Fortress”: Fortress Investment Group LLC. “Funding Notice”: a notice substantially in the form of Exhibit E-1. “GAAP”: at the election of the Borrower, (i) the accounting standards and interpretations adopted by the International Accounting Standards Board, as in effect from time to time (“IFRS”) if the Borrower’s financial statements are at such time prepared in accordance with IFRS or (ii) generally accepted accounting principles in the United States of America set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been approved by a significant segment of the accounting profession, as in effect from time to time; provided that (a) all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made without giving effect to (x) any election under Accounting Standards Codification 000-00-00 (previously referred to as Statement of Financial Accounting Standards 159) (or any other Accounting Standards Codification, International Accounting Standard or Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other liabilities of the Borrower or any Subsidiary at “fair value”, as defined therein and (y) any treatment of Indebtedness in respect of convertible debt instruments under Accounting Standards Codification 470-20 (or any other Accounting Standards Codification, International Accounting Standard or Financial Accounting Standard having a similar result or effect) to value any such Indebtedness in a reduced or bifurcated manner as described therein, and such Indebtedness shall at all times be valued at the full stated principal amount thereof and (b) any ca...
Foreign Employee Benefit Plan means any employee benefit plan as defined in -------------------------------- Section 3(3) of ERISA which is maintained or contributed to for the benefit of - the employees of Energizer or any member of the Controlled Group, but which is not covered by ERISA pursuant to Section 4(b)(4) of ERISA. "FOREIGN PENSION PLAN" means any employee pension benefit plan (as defined in ---------------------- Section 3(2) of ERISA) which (i) is maintained or contributed to for the benefit - of employees of Energizer or any other member of the Controlled Group, (ii) is not covered by ERISA pursuant to Section 4(b)(4) thereof and (iii) under applicable local law, is required to be funded through a trust or other funding vehicle. "FORM 10" means the Form 10 General Form for the Registration of Securities, as -------- amended by Amendment No. 1, Amendment No. 2 and Amendment No. 3 thereto, filed by Enerxxxxx (Xxxx Xx. 0-05401) with the Commission in connection with the Spin-Off, together with all exhibits and appendices thereto. "GOVERNMENTAL ACTS" is defined in Section 3.10(A) hereof. ------------------ ---------------- "GOVERNMENTAL AUTHORITY" means any nation or government, any federal, state, ----------------------- local or other political subdivision thereof and any entity exercising -- executive, legislative, judicial, regulatory or administrative authority or -- functions of or pertaining to government, including any authority or other -- quasi-governmental entity established to perform any of such functions. -- "HEDGING ARRANGEMENTS" is defined in the definition of "Hedging Obligations" --------------------- below. -- "HEDGING AGREEMENTS" is defined in Section 7.3(O) hereof. ------------------- --------------- "HEDGING OBLIGATIONS" of a Person means any and all obligations of such Person, -------------------- whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor), under (i) any and all agreements, devices or arrangements designed to protect at least one of the parties thereto from the fluctuations of interest rates, commodity prices, exchange rates or forward rates applicable to such party's assets, liabilities or exchange transactions, including, but not limited to, dollar-denominated or cross-currency interest rate exchange agreements, forward currency exchange agreements, interest rate cap or collar protection agreements, forward...
Foreign Employee Benefit Plan means (A) any plan, fund or other similar program established or maintained outside the United States of America by a Company, a Subsidiary or a Seller primarily for the benefit of Employees residing outside of the United States of America which plan, fund or other similar program provides retirement income for such Employees, results in a deferral of income for such Employees in contemplation of retirement or provides payments to be made to such Employees upon termination of employment, and which plan is not subject to ERISA or the Code, and (B) any plan, fund or other similar program established or maintained outside the United States of America by a Company, a Subsidiary or a Seller
Foreign Employee Benefit Plan shall have the meaning set forth in Section 4.13(c).
Foreign Employee Benefit Plan. MEANS ANY EMPLOYEE BENEFIT PLAN AS DEFINED IN SECTION 3(3) OF ERISA WHICH (I) IS MAINTAINED OR CONTRIBUTED TO FOR THE BENEFIT OF EMPLOYEES OF THE BORROWER, ANY OF ITS SUBSIDIARIES OR ANY MEMBER OF ITS CONTROLLED GROUP, (II) IS NOT COVERED BY ERISA PURSUANT TO SECTION 4(B)(4) OF ERISA, AND (III) COULD REASONABLY SUBJECT BORROWER OR ANY OF ITS DOMESTIC SUBSIDIARIES TO LIABILITY. "FOREIGN PENSION PLAN" MEANS ANY FOREIGN EMPLOYEE BENEFIT PLAN WHICH UNDER APPLICABLE LOCAL LAW IS REQUIRED TO BE FUNDED THROUGH A TRUST OR OTHER FUNDING VEHICLE.