Golden Parachute Limit. Payments under this Agreement, when aggregated with any other “golden parachute” amounts (defined under Section 280G of the Code) as compensation that becomes payable or accelerated due to a Change in Control payable under this Agreement or any other plans, agreements or policies of the Company, shall not exceed to the golden parachute cap under Sections 280G and 4999 of the Code.
Appears in 9 contracts
Samples: Severance Agreement (Perceptron Inc/Mi), Severance Agreement (Perceptron Inc/Mi), Severance Agreement Executive (Perceptron Inc/Mi)
Golden Parachute Limit. Payments under this Agreement, when aggregated with any other “"golden parachute” " amounts (defined under Section 280G of the Code) as compensation that becomes payable or accelerated due to a Change in Control Control) payable under this Agreement or any other plans, agreements or policies of the Company, shall not exceed to the golden parachute cap under Sections 280G and 4999 of the Code.
Appears in 4 contracts
Samples: Severance Agreement (Perceptron Inc/Mi), Severance Agreement (Perceptron Inc/Mi), Severance Agreement (Perceptron Inc/Mi)
Golden Parachute Limit. Payments under this Agreement, when aggregated with any other “golden parachute” amounts (defined under Section 280G of the Code) as compensation that becomes payable or accelerated due to a Change in Control Control) payable under this Agreement or any other plans, agreements or policies of the Company, shall not exceed to the golden parachute cap under Sections 280G and 4999 of the Code.
Appears in 3 contracts
Samples: Severance Agreement (Perceptron Inc/Mi), Severance Agreement (Perceptron Inc/Mi), Severance Agreement (Perceptron Inc/Mi)
Golden Parachute Limit. Payments under this Agreement, when aggregated with any other if they constitute “golden parachute” amounts (defined under Section 280G of the Code) Code as compensation that becomes payable or accelerated due to a Change in Control Control), when aggregated with any other “golden parachute” amounts payable under this Agreement or any other plans, agreements or policies of the Company, shall not exceed to the golden parachute cap under Sections 280G and 4999 of the Code.
Appears in 1 contract
Samples: Employment And (Perceptron Inc/Mi)
Golden Parachute Limit. Payments under this Agreement, when aggregated with any other “golden parachute” amounts (defined under Section 280G of the Code) as compensation that becomes payable or accelerated due to a Change in Control payable under this Agreement or any other plans, agreements or policies of the Company, shall not exceed to the golden parachute cap under Sections 280G and 4999 of the Code.. EXHIBIT 10.44
Appears in 1 contract
