{"component": "clause", "props": {"groups": [{"samples": [{"hash": "84idU8CKqNF", "uri": "/contracts/84idU8CKqNF#409a", "label": "Employment Agreement", "score": 31.3408622742, "published": true}, {"hash": "cNw7LA62Z1N", "uri": "/contracts/cNw7LA62Z1N#409a", "label": "Employment Agreement (Validus Holdings LTD)", "score": 22.8398361206, "published": true}, {"hash": "6ivxrxyraPT", "uri": "/contracts/6ivxrxyraPT#409a", "label": "Employment Agreement (Validus Holdings LTD)", "score": 22.8398361206, "published": true}], "size": 26, "snippet_links": [{"key": "comply-with", "type": "definition", "offset": [44, 55]}, {"key": "section-409a-of-the-internal-revenue-code-of-1986", "type": "clause", "offset": [56, 105]}, {"key": "as-amended", "type": "definition", "offset": [107, 117]}, {"key": "regulations-and-guidelines", "type": "clause", "offset": [139, 165]}, {"key": "to-the-extent", "type": "clause", "offset": [221, 234]}, {"key": "consistent-with", "type": "definition", "offset": [319, 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"offset": [2083, 2091]}, {"key": "remaining-payments", "type": "clause", "offset": [2100, 2118]}, {"key": "in-accordance-with", "type": "clause", "offset": [2183, 2201]}, {"key": "payment-dates", "type": "clause", "offset": [2213, 2226]}, {"key": "with-respect-to", "type": "clause", "offset": [2258, 2273]}, {"key": "benefit-arrangements", "type": "clause", "offset": [2303, 2323]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [2327, 2359]}, {"key": "for-purposes-of-section", "type": "clause", "offset": [2398, 2421]}, {"key": "benefits-provided", "type": "definition", "offset": [2575, 2592]}, {"key": "calendar-year", "type": "definition", "offset": [2628, 2641]}, {"key": "benefits-to-be-provided", "type": "clause", "offset": [2707, 2730]}, {"key": "health-and-dental-plans", "type": "clause", "offset": [2799, 2822]}, {"key": "day-of", "type": "clause", "offset": [2947, 2953]}, {"key": "following-the", "type": "definition", "offset": [2972, 2985]}, {"key": "right-to-reimbursement", "type": "clause", "offset": [3049, 3071]}, {"key": "subject-to", "type": "clause", "offset": [3099, 3109]}, {"key": "payment-period", "type": "definition", "offset": [3207, 3221]}, {"key": "number-of-days", "type": "clause", "offset": [3242, 3256]}, {"key": "within-thirty", "type": "clause", "offset": [3287, 3300]}, {"key": "after-termination-of-employment", "type": "clause", "offset": [3311, 3342]}, {"key": "date-of-payment", "type": "clause", "offset": [3357, 3372]}, {"key": "specified-period", "type": "clause", "offset": [3384, 3400]}, {"key": "discretion-of-the-company", "type": "clause", "offset": [3426, 3451]}, {"key": "payments-under-this-agreement", "type": "clause", "offset": [3462, 3491]}, {"key": "payment-for", "type": "clause", "offset": [3579, 3590]}], "snippet": "(a) It is intended that this Agreement will comply with Section 409A of the Internal Revenue Code of 1986, as amended (the \u201cCode\u201d) and any regulations and guidelines promulgated thereunder (collectively, \u201cSection 409A\u201d), to the extent the Agreement is subject thereto, and the Agreement shall be interpreted on a basis consistent with such intent. If an amendment of the Agreement is necessary in order for it to comply with Section 409A, the parties hereto will negotiate in good faith to amend the Agreement in a manner that preserves the original intent of the parties to the extent reasonably possible. No action or failure to act pursuant to this Section 12.14 shall subject the Company to any claim, liability, or expense, and the Company shall not have any obligation to indemnify or otherwise protect the Executive from the obligation to pay any taxes, interest or penalties pursuant to Section 409A or Section 457A of the Code.\n(b) Notwithstanding any provision to the contrary in this Agreement, if the Executive is deemed on the date of his or her \u201cseparation from service\u201d (within the meaning of Treas. Reg. Section 1.409A-1(h)) with the Company to be a \u201cspecified employee\u201d (within the meaning of Treas. Reg. Section 1.409A-1(i)), then with regard to any payment or benefit that is considered deferred compensation under Section 409A payable on account of a \u201cseparation from service\u201d that is required to be delayed pursuant to Section 409A(a)(2)(B) of the Code (after taking into account any applicable exceptions to such requirement), such payment or benefit shall be made or provided on the date that is the earlier of (i) the expiration of the six (6)-month period measured from the date of the Executive\u2019s \u201cseparation from service,\u201d or (ii) the date of the Executive\u2019s death (the \u201cDelay Period\u201d). Upon the expiration of the Delay Period, all payments and benefits delayed pursuant to this Section 12.14 (whether they would have otherwise been payable in a single sum or in installments in the absence of such delay) shall be paid or reimbursed to the Executive in a lump sum and any remaining payments and benefits due under this Agreement shall be paid or provided in accordance with the normal payment dates specified for them herein.\n(c) With respect to any reimbursement or in-kind benefit arrangements of the Company and its subsidiaries that constitute deferred compensation for purposes of Section 409A, except as otherwise permitted by Section 409A, the following conditions shall be applicable: (i) the amount eligible for reimbursement, or in-kind benefits provided, under any such arrangement in one calendar year may not affect the amount eligible for reimbursement, or in-kind benefits to be provided, under such arrangement in any other calendar year (except that the health and dental plans may impose a limit on the amount that may be reimbursed or paid), (ii) any reimbursement must be made on or before the last day of the calendar year following the calendar year in which the expense was incurred, and (iii) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit. Whenever a payment under this Agreement specifies a payment period with reference to a number of days (e.g., \u201cpayment shall be made within thirty (30) days after termination of employment\u201d), the actual date of payment within the specified period shall be within the sole discretion of the Company. Whenever payments under this Agreement are to be made in installments, each such installment shall be deemed to be a separate payment for purposes of Section 409A.", "hash": "1917a79f11ad0b7208c74c89528ef083", "id": 5}, {"samples": [{"hash": "lQJRpEeCaKu", "uri": "/contracts/lQJRpEeCaKu#409a", "label": "Employment Agreement (Legacy Healthcare Properties Trust Inc.)", "score": 19.6023273468, "published": true}, {"hash": "ku94WsS8DEe", "uri": "/contracts/ku94WsS8DEe#409a", "label": "Employment Agreement (Legacy Healthcare Properties Trust Inc.)", "score": 19.6023273468, "published": true}, {"hash": "5Ams8EwU0w2", "uri": "/contracts/5Ams8EwU0w2#409a", "label": "Employment Agreement (Legacy Healthcare Properties Trust Inc.)", "score": 19.6023273468, "published": true}], "size": 148, "snippet_links": [{"key": "amounts-payable", "type": "definition", "offset": [23, 38]}, {"key": "comply-with", "type": "definition", "offset": [84, 95]}, {"key": "section-409a-of-the", "type": "clause", "offset": [126, 145]}, {"key": "tax-code", "type": "clause", "offset": [146, 154]}, {"key": "consistent-with-section", "type": "clause", "offset": [232, 255]}, {"key": "provision-of", "type": "clause", "offset": [269, 281]}, {"key": "the-provisions-of-section", "type": "clause", "offset": [362, 387]}, {"key": "discretion-of-the-board", "type": "clause", "offset": [445, 468]}, {"key": "exemption-from", "type": "clause", "offset": [682, 696]}, {"key": "a-separate", "type": "definition", "offset": [766, 776]}, {"key": "for-purposes-of-section", "type": "clause", "offset": [796, 819]}, {"key": "guarantee-by-the-company", "type": "clause", "offset": [879, 903]}, {"key": "tax-effect", "type": "clause", "offset": [922, 932]}, {"key": "to-the-executive", "type": "clause", "offset": [933, 949]}, {"key": "benefits-under-this-agreement", "type": "clause", "offset": [976, 1005]}, {"key": "with-respect-to", "type": "clause", "offset": [1007, 1022]}, {"key": "expenses-of", "type": "clause", "offset": [1044, 1055]}, {"key": "as-specified", "type": "clause", "offset": [1113, 1125]}, {"key": "subject-to-the-following-conditions", "type": "clause", "offset": [1221, 1256]}, {"key": "expenses-eligible-for-reimbursement", "type": "definition", "offset": [1266, 1301]}, {"key": "benefits-provided", "type": "definition", "offset": [1327, 1344]}, {"key": "taxable-year", "type": "definition", "offset": [1352, 1364]}, {"key": "medical-reimbursement", "type": "clause", "offset": [1507, 1528]}, {"key": "eligible-expense", "type": "definition", "offset": [1660, 1676]}, {"key": "end-of-the-year", "type": "definition", "offset": [1709, 1724]}, {"key": "right-to-reimbursement", "type": "clause", "offset": [1788, 1810]}, {"key": "payment-obligation", "type": "definition", "offset": [1905, 1923]}, {"key": "of-the-executive", "type": "clause", "offset": [1963, 1979]}, {"key": "separation-from-service", "type": "definition", "offset": [1983, 2006]}, {"key": "treasury-regulation", "type": "clause", "offset": [2026, 2045]}, {"key": "specified-employee", "type": "definition", "offset": [2093, 2111]}, {"key": "in-good-faith", "type": "definition", "offset": [2175, 2188]}, {"key": "the-compensation-committee", "type": "definition", "offset": [2192, 2218]}, {"key": "payment-of", "type": "clause", "offset": [2225, 2235]}, {"key": "deferred-compensation", "type": "clause", "offset": [2237, 2258]}, {"key": "after-giving", "type": "clause", "offset": [2322, 2334]}, {"key": "scheduled-to-be-paid", "type": "definition", "offset": [2432, 2452]}, {"key": "six-months", "type": "definition", "offset": [2460, 2470]}, {"key": "day-of", "type": "clause", "offset": [2567, 2573]}, {"key": "date-of", "type": "clause", "offset": [2612, 2619]}, {"key": "days-after", "type": "definition", "offset": [2686, 2696]}, {"key": "personal-representative", "type": "definition", "offset": [2720, 2743]}], "snippet": "This Agreement and the amounts payable and other benefits hereunder are intended to comply with, or otherwise be exempt from, Section 409A of the Tax Code. This Agreement shall be administered, interpreted and construed in a manner consistent with Section 409A. If any provision of this Agreement is found not to comply with, or otherwise not to be exempt from, the provisions of Section 409A, it shall be modified and given effect, in the sole discretion of the Board or Compensation Committee thereof and without requiring the Executive\u2019s consent, in such manner as the Board or Compensation Committee determines to be necessary or appropriate to comply with, or to effectuate an exemption from, Section 409A. Each payment under this Agreement shall be treated as a separate identified payment for purposes of Section 409A. The preceding provisions shall not be construed as a guarantee by the Company of any particular tax effect to the Executive of the payments and other benefits under this Agreement. With respect to any reimbursement of expenses of, or any provision of in-kind benefits to, the Executive, as specified under this Agreement, such reimbursement of expenses or provision of in-kind benefits shall be subject to the following conditions: (a) the expenses eligible for reimbursement or the amount of in-kind benefits provided in one taxable year shall not affect the expenses eligible for reimbursement or the amount of in-kind benefits provided in any other taxable year, except for any medical reimbursement arrangement providing for the reimbursement of expenses referred to in Section 105(b) of the Tax Code; (b) the reimbursement of an eligible expense shall be made no later than the end of the year after the year in which such expense was incurred; and (c) the right to reimbursement or in-kind benefits shall not be subject to liquidation or exchange for another benefit. If a payment obligation under this Agreement arises on account of the Executive\u2019s \u201cseparation from service\u201d (as defined under Treasury Regulation Section 1.409A-1(h)) while the Executive is a \u201cspecified employee\u201d (as defined under Section 409A of the Tax Code and determined in good faith by the Compensation Committee), any payment of \u201cdeferred compensation\u201d (as defined under Treasury Regulation Section 1.409A-1(b)(1), after giving effect to the exemptions in Treasury Regulation Sections 1.409A-1(b)(3) through (b)(12)) that is scheduled to be paid within six months after such separation from service shall accrue without interest and shall be paid on the first day of the seventh month beginning after the date of the Executive\u2019s separation from service or, if earlier, within 15 days after the appointment of the personal representative or executor of the Executive\u2019s estate following his death.", "hash": "ab1f3f23fd32efd76eaeefc77f2c66e4", "id": 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"offset": [353, 377]}, {"key": "tax-consequences", "type": "clause", "offset": [403, 419]}, {"key": "for-non", "type": "clause", "offset": [437, 444]}, {"key": "it-is-further-intended", "type": "clause", "offset": [457, 479]}, {"key": "payments-hereunder", "type": "clause", "offset": [489, 507]}, {"key": "permissible-under-section-409a", "type": "definition", "offset": [537, 567]}, {"key": "to-the-extent", "type": "clause", "offset": [683, 696]}, {"key": "all-payments", "type": "definition", "offset": [702, 714]}, {"key": "payable-within", "type": "definition", "offset": [719, 733]}, {"key": "treasury-regulation", "type": "clause", "offset": [763, 782]}, {"key": "deferral-exception", "type": "definition", "offset": [830, 848]}, {"key": "a-half", "type": "clause", "offset": [971, 977]}, {"key": "taxable-year", "type": "definition", "offset": [1012, 1024]}, {"key": "right-to", "type": "definition", "offset": [1038, 1046]}, {"key": "the-payment", "type": "clause", "offset": [1047, 1058]}, {"key": "substantial-risk-of-forfeiture", "type": "definition", "offset": [1085, 1115]}, {"key": "the-executive", "type": "clause", "offset": [1123, 1136]}, {"key": "specified-employee", "type": "definition", "offset": [1143, 1161]}, {"key": "for-purposes-of-section", "type": "clause", "offset": [1163, 1186]}, {"key": "payments-to-be-made", "type": "clause", "offset": [1234, 1253]}, {"key": "separation-from-service", "type": "definition", "offset": [1318, 1341]}, {"key": "eighteen-months", "type": "clause", "offset": [1477, 1492]}, {"key": "following-the-effective-date", "type": "clause", "offset": [1493, 1521]}, {"key": "six-months", "type": "definition", "offset": [1530, 1540]}, {"key": "deferral-period", "type": "clause", "offset": [1611, 1626]}, {"key": "as-required-by", "type": "clause", "offset": [1629, 1643]}, {"key": "provided-that", "type": "definition", "offset": [1670, 1683]}, {"key": "payment-of", "type": "clause", "offset": [1688, 1698]}, {"key": "payments-of", "type": "definition", "offset": [1787, 1798]}, {"key": "lump-sum", "type": "definition", "offset": [1954, 1962]}, {"key": "balance-of-the", "type": "clause", "offset": [2013, 2027]}, {"key": "for-purposes-of-this-agreement", "type": "definition", "offset": [2077, 2107]}, {"key": "rights-to-payments", "type": "clause", "offset": [2113, 2131]}, {"key": "to-receive", "type": "definition", "offset": [2182, 2192]}, {"key": "separate-payments-and-benefits", "type": "clause", "offset": [2205, 2235]}, {"key": "to-the-fullest-extent", "type": "clause", "offset": [2236, 2257]}, {"key": "with-respect-to", "type": "clause", "offset": [2330, 2345]}, {"key": "timing-of", "type": "clause", "offset": [2350, 2359]}, {"key": "termination-of-employment", "type": "definition", "offset": [2462, 2487]}, {"key": "meaning-of", "type": "clause", "offset": [2619, 2629]}, {"key": "no-further-services", "type": "clause", "offset": [2695, 2714]}, {"key": "bona-fide-services", "type": "definition", "offset": [2771, 2789]}, {"key": "employee-or-independent-contractor", "type": "definition", "offset": [2849, 2883]}, {"key": "equal-to", "type": "definition", "offset": [2936, 2944]}, {"key": "average-level", "type": "definition", "offset": [2973, 2986]}], "snippet": "It is intended that any payment or benefit that is provided pursuant to or in connection with this Agreement that is considered to be deferred compensation subject to Section 409A of the Internal Revenue Code of 1986, as amended (\u201cCode\u201d) shall be paid and provided in a manner, and at such time and form, as complies with the applicable requirements of Section 409A of the Code to avoid the unfavorable tax consequences provided therein for non-compliance. It is further intended that the payments hereunder shall, to the maximum extent permissible under Section 409A of the Code, be exempt from Section 409A of the Code under either (i) the exception for involuntary separation pay to the extent that all payments are payable within the limitations described in Treasury Regulation Section 1.409A-1(b)(9), or (ii) the short-term deferral exception described in Treasury Regulation Section 1.409A-1(b)(4) to the extent that all payments are payable no later than two and a half months after the end of the first taxable year in which the right to the payment is no longer subject to a substantial risk of forfeiture.\na. If the Executive is a \u201cspecified employee\u201d for purposes of Section 409A(a)(2)(B)(i) of the Code at such time, any payments to be made or benefits to be delivered in connection with the Executive\u2019s \u201cSeparation from Service\u201d (as defined below) that constitute deferred compensation subject to Section 409A of the Code shall not be made until the later of (i) eighteen months following the Effective Date or (ii) six months plus one day after the Executive\u2019s Separation from Service (the \u201c409A Deferral Period\u201d) as required by Section 409A of the Code, provided that the payment of any such deferred compensation may be paid immediately following the Executive\u2019s death. Payments of any such deferred compensation otherwise due to be made in installments or periodically during the 409A Deferral Period shall be accumulated and paid in a lump sum as soon as the 409A Deferral Period ends, and the balance of the payment shall be made as otherwise scheduled.\nb. For purposes of this Agreement, all rights to payments and benefits hereunder shall be treated as rights to receive a series of separate payments and benefits to the fullest extent allowed by Section 409A of the Code.\nc. For purposes of this Agreement, with respect to the timing of any amounts that constitute deferred compensation subject to Section 409A of the Code that depends on termination of employment or separation from service, termination of employment or separation from service shall mean a \u201cseparation from service\u201d within the meaning of Section 409A of the Code where it is reasonably anticipated that no further services would be performed after such date or that the level of bona fide services the Executive would perform after that date (whether as an employee or independent contractor) would permanently decrease to a level less than or equal to twenty percent (20%) of the average level of bona fide services the Executive performed over the immediately preceding thirty-six (36) month period.", "hash": "8b10c9165dfe2337087c4c064163bdba", "id": 2}, {"samples": [{"hash": "l2YMOPo9aTU", "uri": "/contracts/l2YMOPo9aTU#409a", "label": "Market Share Unit Agreement (Hovnanian Enterprises Inc)", "score": 31.9637241364, "published": true}, {"hash": "az5Vq2HWcVm", "uri": "/contracts/az5Vq2HWcVm#409a", "label": "Market Share Unit Agreement (Hovnanian Enterprises Inc)", "score": 31.9637241364, "published": true}, {"hash": "6xcV3DzSiyz", "uri": "/contracts/6xcV3DzSiyz#409a", "label": "Market Share Unit Agreement (Hovnanian Enterprises Inc)", "score": 31.9637241364, "published": true}], "size": 22, "snippet_links": [{"key": "agreement-or", "type": "definition", "offset": [45, 57]}, {"key": "the-plan", "type": "clause", "offset": [58, 66]}, {"key": "additional-tax", "type": "definition", "offset": [198, 212]}, {"key": "section-409a-of-the-code", "type": "definition", "offset": [219, 243]}, {"key": "the-participant", "type": "clause", "offset": [249, 264]}, {"key": "in-the-event", "type": "clause", "offset": [266, 278]}, {"key": "the-committee", "type": "clause", "offset": [310, 323]}, {"key": "transfer-of-class-b-shares", "type": "clause", "offset": [375, 401]}, {"key": "at-the-time", "type": "definition", "offset": [439, 450]}, {"key": "subject-to", "type": "clause", "offset": [512, 522]}, {"key": "specified-employee", "type": "definition", "offset": [612, 630]}, {"key": "meaning-of", "type": "clause", "offset": [643, 653]}, {"key": "the-company-will", "type": "clause", "offset": [681, 697]}, {"key": "first-day", "type": "definition", "offset": [723, 732]}, {"key": "tax-liability", "type": "definition", "offset": [788, 801]}], "snippet": "Notwithstanding any other provisions of this Agreement or the Plan, this MSU shall not be deferred, accelerated, extended, paid out or modified in a manner that would result in the imposition of an additional tax under Section 409A of the Code upon the Participant. 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If the payment of any amounts are delayed as a result of the previous sentence, on the first day following the end of the six-month period, the Company will pay the Executive a lump-sum amount equal to the cumulative amounts that would have otherwise been previously paid to the Executive under this Section 4. 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In the event it is reasonably determined by the Committee that, as a result of Section 409A of the Code, the transfer of Class A Shares under this Agreement may not be made at the time contemplated hereunder without causing the Participant to be subject to taxation under Section 409A of the Code (including due to the Participant's status as a \"specified employee\" within the meaning of Section 409A of the Code), the Company will make such payment on the first day that would not result in the Participant incurring any tax liability under Section 409A of the Code.", "hash": "40f90582a38c1c132ee169aeca6a023b", "id": 3}, {"samples": [{"hash": "i1dCG2o1YhN", "uri": "/contracts/i1dCG2o1YhN#409a", "label": "Restricted Stock Unit Agreement (electroCore, Inc.)", "score": 37.2108154297, "published": true}, {"hash": "hCXnJ1UFCFh", "uri": "/contracts/hCXnJ1UFCFh#409a", "label": "Restricted Stock Units Agreement (Vislink Technologies, Inc.)", "score": 35.0479125977, "published": true}, {"hash": "isvVdHILg0l", "uri": "/contracts/isvVdHILg0l#409a", "label": "Restricted Stock Units Agreement (Vislink Technologies, Inc.)", "score": 35.0068435669, "published": true}], "size": 20, "snippet_links": [{"key": "the-award", "type": "clause", "offset": [0, 9]}, {"key": "consistent-with-the", "type": "clause", "offset": [46, 65]}, {"key": "at-all-times", "type": "definition", "offset": [84, 96]}, {"key": "in-compliance-with", "type": "definition", "offset": [97, 115]}, {"key": "the-requirements", "type": "clause", "offset": [133, 149]}, {"key": "section-409a-of-the-internal-revenue-code", "type": "clause", "offset": [153, 194]}, {"key": "the-regulations", "type": "clause", "offset": [199, 214]}], "snippet": "The Award shall be construed and administered consistent with the intent that it be at all times in compliance with, or exempt from, the requirements of Section 409A of the Internal Revenue Code and the regulations thereunder.", "hash": "e723bb465f2b49044215b87105f2af94", "id": 8}, {"samples": [{"hash": "bwppOgTbrXn", "uri": "/contracts/bwppOgTbrXn#409a", "label": "2026 Long Term Incentive Program Award Agreement (Hovnanian Enterprises Inc)", "score": 33.1642723083, "published": true}, {"hash": "aWCnrPec966", "uri": "/contracts/aWCnrPec966#409a", "label": "2026 Long Term Incentive Program Award Agreement (Hovnanian Enterprises Inc)", "score": 33.1642723083, "published": true}, {"hash": "bMLJtDfuBa4", "uri": "/contracts/bMLJtDfuBa4#409a", "label": "2025 Long Term Incentive Program Award Agreement (Hovnanian Enterprises Inc)", "score": 32.1594810486, "published": true}], "size": 19, "snippet_links": [{"key": "other-provisions-of-this-agreement", "type": "clause", "offset": [20, 54]}, {"key": "the-plan", "type": "clause", "offset": [56, 64]}, {"key": "the-ltip", "type": "clause", "offset": [68, 76]}, {"key": "additional-tax", "type": "definition", "offset": [210, 224]}, {"key": "section-409a-of-the-code", "type": "definition", "offset": [231, 255]}, {"key": "the-participant", "type": "clause", "offset": [261, 276]}, {"key": "in-the-event", "type": "clause", "offset": [278, 290]}, {"key": "the-committee", "type": "clause", "offset": [322, 335]}, {"key": "transfer-of-shares", "type": "definition", "offset": [387, 405]}, {"key": "at-the-time", "type": "definition", "offset": [443, 454]}, {"key": "subject-to", "type": "clause", "offset": [516, 526]}, {"key": "specified-employee", "type": "definition", "offset": [616, 634]}, {"key": "meaning-of", "type": "clause", "offset": [647, 657]}, {"key": "the-company-will", "type": "clause", "offset": [685, 701]}, {"key": "first-day", "type": "definition", "offset": [727, 736]}, {"key": "tax-liability", "type": "definition", "offset": [792, 805]}], "snippet": "Notwithstanding any other provisions of this Agreement, the Plan or the LTIP, this Award shall not be deferred, accelerated, extended, paid out or modified in a manner that would result in the imposition of an additional tax under Section 409A of the Code upon the Participant. In the event it is reasonably determined by the Committee that, as a result of Section 409A of the Code, the transfer of Shares under this Agreement may not be made at the time contemplated hereunder without causing the Participant to be subject to taxation under Section 409A of the Code (including due to the Participant\u2019s status as a \u201cspecified employee\u201d within the meaning of Section 409A of the Code), the Company will make such payment on the first day that would not result in the Participant incurring any tax liability under Section 409A of the Code.", "hash": "248c26bd7b5635445587d4108e56196a", "id": 10}, {"samples": [{"hash": "eyE2n1j90Wk", "uri": "/contracts/eyE2n1j90Wk#409a", "label": "Note Purchase Agreement (Neutron Holdings, Inc.)", "score": 37.34770705, "published": true}, {"hash": "2TuUwHmFQ8U", "uri": "/contracts/2TuUwHmFQ8U#409a", "label": "Subordination and Intercreditor Agreement (Neutron Holdings, Inc.)", "score": 37.34770705, "published": true}, {"hash": "1BfYO8XUnd5", "uri": "/contracts/1BfYO8XUnd5#409a", "label": "Series B Preferred Stock Purchase Agreement (GCL Global Holdings LTD)", "score": 35.9650917053, "published": true}], "size": 40, "snippet_links": [{"key": "in-good-faith", "type": "definition", "offset": [21, 34]}, {"key": "nonqualified-deferred-compensation-plan", "type": "definition", "offset": [45, 84]}, {"key": "in-all-material-respects", "type": "definition", "offset": [290, 314]}, {"key": "and-operation", "type": "clause", "offset": [329, 342]}, {"key": "the-requirements", "type": "clause", "offset": [349, 365]}, {"key": "section-409a-of-the-code", "type": "definition", "offset": [369, 393]}, {"key": "knowledge-of-the-company", "type": "clause", "offset": [430, 454]}, {"key": "payment-to", "type": "clause", "offset": [459, 469]}, {"key": "the-penalties", "type": "clause", "offset": [525, 538]}], "snippet": "The Company believes in good faith that any \u201cnonqualified deferred compensation plan\u201d (as such term is defined under Section 409A(d)(1) of the Code and the guidance thereunder) under which the Company makes, is obligated to make or promises to make, payments (each, a \u201c409A Plan\u201d) complies in all material respects, in both form and operation, with the requirements of Section 409A of the Code and the guidance thereunder. To the knowledge of the Company, no payment to be made under any 409A Plan is, or will be, subject to the penalties of Section 409A(a)(1) of the Code.", "hash": "4eda9013ae705e27a2f4ed7357c1d357", "id": 4}, {"samples": [{"hash": "h7WXSF8F80y", "uri": "/contracts/h7WXSF8F80y#409a", "label": "Employment Agreement (RadNet, Inc.)", "score": 25.2012329102, "published": true}, {"hash": "fInOgVRUggK", "uri": "/contracts/fInOgVRUggK#409a", "label": "Employment Agreement (RadNet, Inc.)", "score": 25.2012329102, "published": true}, {"hash": "d3z3INmEbg0", "uri": "/contracts/d3z3INmEbg0#409a", "label": "Employment Agreement (RadNet, Inc.)", "score": 25.2012329102, "published": true}], "size": 20, "snippet_links": [{"key": "nonqualified-deferred-compensation-plan", "type": "definition", "offset": [81, 120]}, {"key": "meaning-of", "type": "clause", "offset": [133, 143]}, {"key": "internal-revenue-code-section-409a", "type": "clause", "offset": [144, 178]}, {"key": "comply-with", "type": "definition", "offset": [236, 247]}, {"key": "in-the-event", "type": "clause", "offset": [262, 274]}, {"key": "agreement-or", "type": "definition", "offset": [280, 292]}, {"key": "agreement-to", "type": "definition", "offset": [321, 333]}, {"key": "subject-to-section", "type": "clause", "offset": [359, 377]}, {"key": "to-the-company", "type": "definition", "offset": [402, 416]}, {"key": "conforming-amendments", "type": "clause", "offset": [436, 457]}, {"key": "sole-discretion", "type": "definition", "offset": [510, 525]}, {"key": "obligation-to", "type": "clause", "offset": [542, 555]}, {"key": "imposition-of-taxes", "type": "clause", "offset": [606, 625]}, {"key": "for-purposes-of-this-agreement", "type": "definition", "offset": [646, 676]}, {"key": "termination-of-employment", "type": "definition", "offset": [680, 705]}, {"key": "separation-from-service", "type": "definition", "offset": [715, 738]}, {"key": "defined-in-section", "type": "clause", "offset": [743, 761]}, {"key": "made-pursuant-to", "type": "clause", "offset": [781, 797]}, {"key": "provision-of", "type": "clause", "offset": [802, 814]}, {"key": "separate-payment", "type": "clause", "offset": [852, 868]}, {"key": "for-purposes-of-section", "type": "clause", "offset": [905, 928]}, {"key": "to-the-extent", "type": "clause", "offset": [935, 948]}, {"key": "payment-to-employee", "type": "clause", "offset": [988, 1007]}, {"key": "of-employee", "type": "clause", "offset": [1037, 1048]}, {"key": "upon-employee", "type": "definition", "offset": [1075, 1088]}, {"key": "related-actions", "type": "clause", "offset": [1119, 1134]}, {"key": "taxable-year", "type": "definition", "offset": [1195, 1207]}, {"key": "required-by", "type": "definition", "offset": [1222, 1233]}, {"key": "specified-employee", "type": "definition", "offset": [1349, 1367]}, {"key": "the-company-shall", "type": "clause", "offset": [1517, 1534]}, {"key": "payment-of", "type": "clause", "offset": [1541, 1551]}, {"key": "day-of", "type": "clause", "offset": [1747, 1753]}, {"key": "following-employee", "type": "definition", "offset": [1772, 1790]}, {"key": "after-the-company", "type": "definition", "offset": [1842, 1859]}, {"key": "confirmation-of", "type": "clause", "offset": [1877, 1892]}, {"key": "payments-shall-be", "type": "clause", "offset": [1928, 1945]}], "snippet": "To the maximum extent permitted, this Agreement is intended to not constitute a \u201cnonqualified deferred compensation plan\u201d within the meaning of Internal Revenue Code Section 409A (\u201cSection 409A\u201d) but in any event will be interpreted to comply with Section 409A. 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If upon Employee\u2019s \u201cseparation from service\u201d within the meaning of Section 409A, Employee is then a \u201cspecified employee\u201d (as defined in Section 409A), then solely to the extent necessary to comply with Section 409A and avoid the imposition of taxes under Section 409A, the Company shall defer payment of \u201cnonqualified deferred compensation\u201d subject to Section 409A payable as a result of and within six (6) months following such \u201cseparation from service\u201d until the earlier of (i) the first business day of the seventh month following Employee\u2019s \u201cseparation from service,\u201d or (ii) ten (10) days after the Company receives written confirmation of Employee\u2019s death. 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