LTM Employee definition
LTM Employee means each current, former, or retired employee, officer, consultant, independent contractor, agent or director of LTM or any LTM Subsidiary (other than the LTM Excluded Employees). "LTM Employee Agreement" means each management, employment, severance, consulting, non-compete, confidentiality, or similar agreement or contract, whether written or oral, between LTM or any LTM Subsidiary and any LTM Employee pursuant to which LTM or any LTM Subsidiary has or may have any liability contingent or otherwise, in excess of US$100,000 in each instance. "LTM Excluded Employee" means each current, former or retired employee, officer, consultant, independent contractor, agent or director of Sony Corporation of America, Sony Plaza Inc. and LTMA, Inc. whose payroll is or has been processed through LTM. "LTM Multi-Employer Plan" means each LTM Benefit Plan which is "multi-employer plan" within the meaning of Sections 3(37) or 4001(a)(3) of ERISA. "LTM Welfare Plan" means each LTM Benefit Plan which is an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA.
Examples of LTM Employee in a sentence
Except as would not have a LTM Material Adverse Effect, no LTM Benefit Plan or LTM Employee Agreement is funded by a trust described in Section 501(c)(9) of the Code.