Common use of Acceleration of Payment Clause in Contracts

Acceleration of Payment. Notwithstanding anything to the contrary contained in this Agreement, the Committee shall have the right, at any time in its sole discretion, to accelerate the time of a payment under this Agreement to a time otherwise permitted under Section 409A in accordance with the requirements, restrictions and limitations of Treasury Regulation Section 1.409A-3(j).

Appears in 12 contracts

Samples: Performance Based Restricted Share Unit Agreement (Teradata Corp /De/), Restricted Share Unit Agreement (Teradata Corp /De/), Performance Based Restricted Share Unit Agreement (Teradata Corp /De/)

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Acceleration of Payment. Notwithstanding anything to the contrary contained in this Agreement, the Committee shall have the right, at any time in its sole discretion, to accelerate the time of a payment under this Agreement to a time otherwise permitted under Section 409A in accordance with the requirements, restrictions and limitations of Treasury Regulation Section 1.409A-3(j).. Exhibit 10.10.29

Appears in 1 contract

Samples: Restricted Share Unit Agreement (Teradata Corp /De/)

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Acceleration of Payment. Notwithstanding anything to the contrary contained in this Agreement, the Committee shall have the right, at any time in its sole discretion, to accelerate the time of a payment under this Agreement to a time otherwise permitted under Section Exhibit 10.10.27 409A in accordance with the requirements, restrictions and limitations of Treasury Regulation Section 1.409A-3(j).

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Agreement (Teradata Corp /De/)

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