GIS » Topics » Article I - DEFINITIONS

This excerpt taken from the GIS 10-K filed Jul 26, 2007.
Article I – DEFINITIONS

 

For purposes of this Amendment the following words shall have the meanings set forth hereunder:

 

1.1           “FDP Field” shall mean certain [***] (the further definition and main types of which are as listed in Exhibit A of the Agreement).

1.2           “LICENSEE Core Competency Project” shall mean a project which is undertaken by LICENSEE to develop products outside of the FDP Field or is undertaken by an R&D component of LICENSEE other than the Yoplait R&D Team and adapted for products within the FDP Field.

1.3            “Yoplait R&D Team” shall mean that R&D component of LICENSEE whose primary task is to support LICENSEE's Yoplait [***] business.

1.4           “Native Field Project” shall mean a project which is undertaken by the Yoplait R&D team to develop products within the FDP Field.

1.5           “New Products” shall mean Products developed by LICENSEE which are new SKUs (Store Keeping Units) sold by LICENSEE under new sub-brand names, excluding flavor and pack size variations as well as existing Product relaunches.

1.6           “Products” shall mean products in the FDP Field sold by LICENSEE in the Territory which are either produced and distributed using Sodima Know-How or are produced and distributed under the Trademarks.

1.7           “New Technology” shall mean any invention or improvement (including products, formulas,

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processes, packaging and equipment) within the FDP Field, or adapted to such Field from another domain, the development of which would not be obvious to a person skilled in the art and thoroughly familiar with technology associated with the FDP Field. For purposes of this Amendment, an invention or improvement shall be considered “not obvious” if it contains a significant inventive step with regard to the existing state of technology in the FDP Field. To be considered “not obvious” for purposes of this Amendment, an invention or improvement must either (i) be the subject matter of a claim or claims in an issued patent granted by the US Patent Office; (ii) be agreed to be as such by the R&D Committee pursuant to the provisions of Article 4.5, below; (iii) be agreed to be as such by a third party expert pursuant to the provisions of Article 4.5, below; or (iv) be the subject of a new Health Claim. For purposes of this Amendment, the term “obvious” shall be construed according to the patent laws of the United States.

1.8         “Improvements” shall mean any invention or improvement (including products, formulas, processes, packaging and equipment) within the FDP Field, or adapted to such Field from another domain, which does not constitute New Technology.

1.9           “Health Claim” shall mean a claim suitable for use in promoting health benefits associated with Products, which claim has been approved by the United States Food and Drug Administration (or similar regulatory body) and is supported by successful clinical studies.

1.10         “R&D Committee” shall mean a committee consisting of the head of R&D for SODIMA's Yoplait branch and the head of the Yoplait R&D Team. Such Committee shall have the responsibilities set forth in the provisions of Article 2.2, below.

1.11          “Steering Committee” shall mean a committee consisting of the head of R&D for SODIMA's Yoplait branch, the head of the Yoplait R&D Team, one member of senior management from Sodiaal International and one member of senior management from LICENSEE, which member of senior management from LICENSEE shall be selected from the Yoplait Division of General Mills, Inc. Such Committee shall, further, have the responsibilities set forth in the provisions of Article 2.3, below.

1.12         “New Product Launch” shall mean that date which is twelve (12) months after the first sale (other than Test Market Sales) of a New Product in the Territory or upon which LICENSEE achieves seventy percent (70%) ACV (weighted distribution), whichever comes first.

1.13         “Test Market Sales” shall mean sales by LICENSEE of New Products which take place in markets representing less than ten percent (10%) ACV (weighted distribution).

1.14         “Third Party Technology” shall mean any New Technology or Improvement which is developed by a third party and then licensed either exclusively or non-exclusively by LICENSEE.

1.15         “Effective Date” shall mean 15 February 2002.

1.16          “Bridging Studies” shall mean any clinical studies conducted by SODIMA or by a third party on SODIMA's behalf, the purpose of which studies shall be to establish that the results of any clinical studies conducted by LICENSEE (or conducted by a third party at LICENSEE's request) for purposes of obtaining a Health Claim are applicable for obtaining similar health claims in a country or countries outside the United States.

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This excerpt taken from the GIS 8-K filed Oct 17, 2006.
Definitions. All capitalized terms not otherwise defined herein have the respective meanings set forth in the Credit Agreement.

SECTION 2.

This excerpt taken from the GIS 8-K filed Dec 13, 2005.

DEFINITIONS

        Section 1.01.   All capitalized terms which are used herein and not otherwise defined herein are defined in the Indenture and are used herein with the same meanings as in the Indenture.






This excerpt taken from the GIS 8-K filed Sep 15, 2005.

DEFINITIONS

                Section 1.01.    All capitalized terms which are used herein and not otherwise defined herein are defined in the Indenture and are used herein with the same meanings as in the Indenture.




This excerpt taken from the GIS 10-K filed Jul 28, 2005.

ARTICLE I – DEFINITIONS

  1.01   “Administrator” shall mean the Minor Amendment Committee.

  1.02   “Company” shall mean General Mills, Inc. and its subsidiaries.

  1.03    “Dependent” shall mean surviving unmarried children of the Participant (including legally adopted, step-children and children of the Participant’s Domestic Partner) less than age twenty-two (22) provided they (i) attend school full-time or reside with Participant, and (ii) depended upon the Participant for support and maintenance; and surviving unmarried children of the Participant (including legally adopted and step-children) age twenty-two (22) or older provided they (i) are totally disabled or attending school full-time, and (ii) depended upon the Participant for support and maintenance.

  1.04   “Earnable Compensation” shall mean all compensation for services paid to a Participant of the Plan including salary, bonuses, commissions, Deferred Cash Awards as accrued under the General Mills, Inc. Deferred Compensation Plan (excluding interest thereon) and all other special payments made as compensation for services as determined by the Administrator, excluding the Company Stock Option Plans.



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  1.05   “Final Average Earnings” shall mean the greater of the amounts determined under (a) and (b) below:

    (a)   The average of the five highest full calendar years of Earnable Compensation received by an Employee prior to the Determination Date, with the result divided by 12. If the Employee has less than sixty months of Earnable Compensation, Final Average Earnings shall mean the average of all Earnable Compensation received by such Employee prior to the Determination Date, stated on a monthly basis.

    (b)   Beginning with the sum of the five highest full calendar years of Earnable Compensation received by the Employee prior to the Determination Date (the “selected years”), add the Earnable Compensation received by the Employee during the calendar year in which the Determination Date occurs; and subtract the product of (A) the Earnable Compensation received during the lowest year of the selected years and (B) the fractional Period of Service in the Participant’s final year of employment, measured from January 1 through the Determination Date. Divide the resulting number by 60.

  For the purposes of this Section, any calendar year in which a Participant has no Earnable Compensation shall be disregarded when calculating Final Average Earnings.

  1.06   “Participant” shall mean any employee of the Company who is a Participant of the Plan at the date of his or her death.

  1.07   “Plan” shall mean the Executive Survivor Income Plan of General Mills, Inc.

  1.08   “Surviving Spouse” shall mean the then living spouse (excluding a legally separated spouse) of the Participant, or a Domestic Partner for which the Participant has a valid Domestic Partner Statement on file with the Company (Domestic Partner).



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