Examples of Foreign Employee Plan in a sentence
With respect to each Foreign Employee Plan, (i) such Foreign Employee Plan complies in all material respects in form and operation with all Applicable Laws, (ii) if such Foreign Employee Plan is intended to qualify for special Tax treatment, such Foreign Employee Plan meets all requirements for such treatment and (iii) if required under Applicable Law to be funded or book-reserved, such Foreign Employee Plan is funded or book reserved, as appropriate, to the extent so required by Applicable Law.
With respect to each material Foreign Employee Plan, to the extent applicable, the Company has Made Available true, correct and complete copies of (1) plan documents (or, with respect to any material unwritten Foreign Employee Plan, a written summary of the material terms thereof), together with all amendments thereto and (2) the most recent annual report or similar compliance documents required to be filed with any Governmental Authority.
Except as would not be expected to be material to the Company and its Subsidiaries, taken as a whole, each Employee Plan has been maintained, funded, operated and administered in accordance with its terms and with all applicable Laws, including the applicable provisions of ERISA and the Code and, with respect to any Employee Plan that constitutes a Foreign Employee Plan, the applicable Laws of the relevant non-US jurisdiction.
No insurance policy nor any other contract or agreement affecting any Assumed Company Employee Plan or Assumed Foreign Employee Plan requires or permits a retroactive increase in premiums or payments due thereunder.
Since the beginning of the current plan year of any Assumed Company Employee Plan or Assumed Foreign Employee Plan, no event has occurred and no condition or circumstance has existed that could result in a material increase in the benefits under such Assumed Company Employee Plan or Assumed Foreign Employee Plan maintained by a Company or any Subsidiary from the level of benefits for the most recently completed plan year of such Assumed Company Employee Plan or Assumed Foreign Employee Plan.