Code Section 409A definition

Code Section 409A means Section 409A of the Code and the regulations and guidance promulgated thereunder.

Code Section 409A means section 409A of the Internal Revenue Code and the regulations thereunder.

Code Section 409A means the provisions of Section 409A of the Code and any rules, regulations and guidance promulgated thereunder, as modified from time to time.

Examples of Code Section 409A in a sentence

• The time of distribution of the RSUs under this Agreement may not be changed except as may be permitted by the Committee in accordance with the Plan and Code Section 409A and the applicable Treasury Regulations promulgated thereunder.

• No payment shall be delayed under this Section 10 if such delay will result in a violation of Code Section 409A.

• In no event whatsoever will the Company be liable for any additional tax, interest or penalties that may be imposed on Executive under Code Section 409A or any damages for failing to comply with Code Section 409A.

• If the payment of any such amounts is delayed as a result of the previous sentence, then on or within sixty (60) days after the first day following the end of such six (6)-month period (or such earlier date upon which such amount can be paid under Code Section 409A without resulting in a prohibited distribution, including as a result of the Participant’s death), the Company shall pay the Participant the cumulative amounts that would have otherwise been payable to the Participant during such period.

• In no event whatsoever shall the Company be liable for any additional tax, interest or penalty that may be imposed on the Executive by Code Section 409A or damages for failing to comply with Code Section 409A.

More Definitions of Code Section 409A

Code Section 409A means Section 409A of the Code together with the treasury regulations and other official guidance promulgated thereunder.

Code Section 409A means the provisions of Section 409A of the Code and any rules, regulations and guidance promulgated thereunder.

Code Section 409A means Section 409A of the Code and all regulations issued thereunder and applicable guidance thereto.

Code Section 409A means Section 409A of the Code and applicable regulations and guidance issued thereunder;

Code Section 409A means Section 409A of the Code.

Code Section 409A means, collectively, section 409A of the Code and any Treasury and Internal Revenue Service regulations and guidance issued thereunder.

Code Section 409A means Section 409A of the Code and all applicable regulations and other guidance issued under or related to Section 409A of the Code.