Ineligible Foreign Employee

Example Definitions of "Ineligible Foreign Employee"
Ineligible Foreign Employee. An employee who is a citizen or resident of a jurisdiction outside of the United States (without regard to whether he or she is also a citizen of the United States or is a resident alien (within the meaning of Section 7701(b)(1)(A) of the Code)) who is ineligible to participate in the Plan because (i) the grant of an Option under the Plan to such citizen or resident of the foreign jurisdiction is prohibited under the laws of such jurisdiction, or (ii) compliance with the laws of the foreign... jurisdiction would cause the Plan to violate the requirements of Section 423 of the Code View More
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