Common use of Installment Payments Clause in Contracts

Installment Payments. For purposes of Code section 409A, the right to a series of payments under this Agreement shall be treated as a right to a series of separate payments so that each payment hereunder is designated as a separate payment for purposes of Code section 409A.

Appears in 7 contracts

Sources: Executive Employment Agreement (Patriot National, Inc.), Executive Employment Agreement (Patriot National, Inc.), Executive Employment Agreement (Patriot National, Inc.)

Installment Payments. For purposes of Code section 409ASection 409A of the Code, the right to a series of installment payments under this Agreement shall be treated as a right to a series of separate payments so that each payment hereunder is designated as a separate payment for purposes of Code section 409A.payments.

Appears in 3 contracts

Sources: Change in Control Agreement, Change in Control Agreement (Hain Celestial Group Inc), Change in Control Agreement (Hain Celestial Group Inc)

Installment Payments. For purposes of Code section Section 409A, the right to a series of installment payments under this Agreement shall be treated as a right to a series of separate payments so that each payment hereunder is designated as a separate payment for purposes of Code section 409A.payments.

Appears in 3 contracts

Sources: Transition Agreement (Gp Strategies Corp), Employment Agreement (Gp Strategies Corp), Employment Agreement (Gp Strategies Corp)

Installment Payments. For purposes of Code section 409ASection 409A of the Code, the right to a series of installment payments under this Agreement shall will be treated as a right to a series of separate payments so that each payments. Each payment hereunder made under any provision of this Agreement is designated as considered a separate payment and not one of a series of payments for purposes of Code section Section 409A.

Appears in 2 contracts

Sources: Executive Employment Agreement (Lululemon Athletica Inc.), Executive Employment Agreement (Lululemon Athletica Inc.)