Subsidiary Employee Plan definition

Subsidiary Employee Plan means any Foreign Subsidiary Employee Plan or any Restricted Subsidiary Employee Plan.
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Subsidiary Employee Plan means any stock option plan, which has been sponsored, contributed to or required to be contributed to by the relevant Key Subsidiary for the benefit of any Person who performs or who has performed services for such Key Subsidiary.
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Subsidiary Employee Plan shall refer to any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, deferred compensation, incentive compensation, severance, termination pay, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether formal or informal, funded or unfunded, including without limitation each “employee benefit plan”, within the meaning of Section 3(3) of ERISA that is or has been maintained, contributed to, or required to be contributed to, by the Parent, any Subsidiary or any ERISA Affiliate for the benefit of any Employee, and pursuant to which the Parent, any Subsidiary, or any ERISA Affiliate has or may have any liability, contingent or otherwise.
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Examples of Subsidiary Employee Plan in a sentence

  • Section 1.11(a) Subsidiary Employee Plan..................................

  • With respect to each UK Subsidiary Employee Plan that is subject to reporting or filing requirements with a Governmental Entity, the UK Subsidiary has provided copies of the Form reports filed for the last five plan years.

  • The execution of this Agreement and the consummation of the transactions contemplated hereby will not constitute a triggering event under any Operating Subsidiary Employee Plan, which (either alone or upon the occurrence of any additional or subsequent event) may result in any payment, acceleration, vesting or increase in benefits to any person.

  • Notwithstanding anything to the contrary in this Pledge Agreement or in any other Loan Document, the Pledged Collateral shall not include any (i) Excluded Property or (ii) any Capital Stock of Foreign Subsidiaries (a) in the nature of directors’ qualifying shares and other nominal amounts of shares sold or issued to foreign nationals or other third parties to the extent required pursuant to applicable law or (b) sold or issued to Employees pursuant to a Subsidiary Employee Plan.

  • No amount payable under any Subsidiary Employee Plan or Employee Agreement or otherwise will fail to be deductible for federal income tax purposes by virtue of Section 280G of the Code.


More Definitions of Subsidiary Employee Plan

Subsidiary Employee Plan means each Company Plan that has been adopted or maintained by the Company or any member of the Company Group, whether informally or formally, or with respect to which the Company or any member of the Company Group will or may have any material liability, for the benefit of employees who perform services outside the United States.
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