409A definition

409A means Section 409A of the Code.

409A means section 409A of the Code, and any regulations adopted thereunder.

409A means Section 409A of the Internal Revenue Code of 1986, as the same may be amended from time to time.

Examples of 409A in a sentence

• The shares of Restricted Stock granted hereunder are intended to avoid the potential adverse tax consequences to the Recipient of Section 409A of the Internal Revenue Code and the Committee may make such modifications to this Agreement as it deems necessary or advisable to avoid such adverse tax consequences.

• Notwithstanding any other provision of this Agreement, payments provided under this Agreement may only be made upon an event and in a manner that complies with Section 409A or an applicable exemption.

• For purposes of Section 409A, each installment payment provided under this Agreement shall be treated as a separate payment.

• Any payments under this Agreement that may be excluded from Section 409A either as separation pay due to an involuntary separation from service or as a short-term deferral shall be excluded from Section 409A to the maximum extent possible.

• This Agreement is intended to comply with Section 409A of the Code (“Section 409A”) or an exemption thereunder and shall be construed and administered in accordance with Section 409A.

More Definitions of 409A

409A means Section 409A of the Code and shall include any amendments thereto or successor provisions as well as any applicable current and future regulations, rulings, IRS notices and other binding legal authority interpreting or modifying the legal requirements under Section 409A.

409A means §409A of the Code, and any treasury regulations, rulings or other authoritative administrative pronouncements interpreting §409A of the Code.

409A shall have the meaning ascribed to it in Section 2.10(a).

409A has the meaning set forth in Section 5.02(m)(xi).

409A. (each such plan, a “NQDC Plan”). Except as provided in Section 5.02(m)(xi) of the Vision Bancshares Disclosure Schedule, each NQDC Plan has been operated, notwithstanding any terms to the contrary, in good faith compliance with 409A, to the extent required under 409A.

409A has the meaning set forth in Section 6.17.

409A means Section 409A of the Internal Revenue Code, as amended from time to time.