Installments as Separate Payment Sample Clauses

Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment.
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Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment. WITNESS THE DUE EXECUTION AND DELIVERY HEREOF on the date first above written. COMPANY: ADDvantage Technologies Group, Inc. By: /s/ Xxxxxx X. Xxxx EXECUTIVE: /s/ Xxxxx Xxxxx Xxxxx Xxxxx EXHIBIT A
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Installments as Separate Payment. For purposes of Section 409A, Executive’s right to receive any installment payments pursuant to this Agreement shall be treated as a right to receive a series of separate and distinct payments.
Sample 1
Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment. 5019523.3:210412.00700 5019523.3:210412.00700 WITNESS THE DUE EXECUTION AND DELIVERY HEREOF on the date first above written. COMPANY: ADDvantage Technologies Group, Inc. By: _______________________________ Name: Xxxxxx X. Xxxx Title: CEO and President EXECUTIVE: __________________________________ Xxxxxxx Xxxxxxxx 5019523.3:210412.00700 HE Draft 08/30/2010 5019523.3:210412.00700 EXHIBIT A
Sample 1
Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment. 5019523.2:210412:00700 WITNESS THE DUE EXECUTION AND DELIVERY HEREOF on the date first above written. COMPANY: ADDvantage Technologies Group, Inc. By: _______________________________ Name: Xxxxxx X. Xxxx Title: CEO and President EXECUTIVE: __________________________________ Xxxxx X (JD) Xxxxx 5019523.2:210412:00700 EXHIBIT A TERMS Position President, Xxxxxx Technologies Officer to whom Executive Directly Reports Chief Executive Officer Annual Base Salary $270,000.00 One-Time Award 65,000 Restricted Shares granted at the beginning of April 2023 with a two-year vesting period Relocation Bonus $20,000 upon relocation to North Dallas Annual Cash Bonus 50% of Base Salary at Target in accordance with Executive Compensation Plan, can be a range of 20% to 70% based on achieving a range of 80% to 125% of Budget. Prorated in first year of employment. Long Term Incentive Plan Bonus 50% of Base Salary at Target paid in Restricted Shares in accordance with Executive Compensation Plan, can be a range of 20% to 70% based on achieving a range of 80% to 125% of Budget. Long Term Incentive Plan shares have a three-year vesting period PTO 4 weeks per year Car Allowance $1,000.00 per month Cell Phone Allowance $150.00 per month Severance Payment 6 Months of Base Salary at the time of Termination, plus the Executive’s Prorated Bonus, if eligible Executive’s Notice Address ______________ ______________ 5019523.2:210412:00700 EXHIBIT B CONFIDENTIAL SEVERANCE AND RELEASE AGREEMENT This Confidential Severance and Release Agreement (the “Agreement”) is made and entered into by and between Xxxxx Xxxxx (“Executive”) and ADDvantage Technologies Group (“Company”). As used in this Agreement, “Company” shall mean Company and its parents, partners, direct and indirect subsidiaries, predecessors, assigns and affiliates.
Sample 1
Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment. Very truly yours, /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: Chairman of the Board of Directors of Health Management Associates, Inc. Accepted and Agreed: /s/ Xxxx Xxxxxxxx Xxxx Xxxxxxxx 11/5/2013 Date signed Exhibit A Updated Release Agreement This Updated Release Agreement (this “Updated Release”) is hereby entered into between Health Management Associates, Inc. (the “Company”) and Xxxx Xxxxxxxx (“Executive”). The Company and Executive are hereinafter referred to as the “Parties.”
Sample 1
Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A of the Code, each installment shall be treated as a separate payment. By the Executive’s execution or electronic acceptance of this Agreement (including the Schedules attached hereto) in the manner specified in the Executive’s online account with the Company’s designated broker/stock plan administrator, the Executive and the Company have agreed that the RSUs are granted under and governed by the terms and conditions of the Plan and this Agreement (including the Schedules attached hereto). SIGNED for and on behalf ofWILLIS GROUP HOLDINGS PUBLIC LIMITED COMPANY by: ______________________________ Name: Title: SCHEDULE A XXXXXX GROUP HOLDINGS PUBLIC LIMITED COMPANY 2012 EQUITY INCENTIVE PLAN RESTRICTED SHARE UNIT AWARD AGREEMENT - ACCEPTANCE FORM Name Number of Shares Granted Under Option Grant Date Option Price I accept the grant of the Restricted Share Units ("RSUs") under the Xxxxxx Group Holdings Public Limited Company 2012 Equity Incentive Plan, as amended from time to time, and I agree to be bound by the terms and conditions of the Restricted Share Units Award Agreement dated March 31, 2014 and any country-specific terms set forth in Schedule B, thereto. Signature: Address: Once completed, please return one copy of this form to: General Counsel Xxxxxx Group Holdings Public Limited Company c/x Xxxxxx North America, Inc. One World Financial Center New York, NY 10281 U.S.A. This form should be returned to the above address within 45 days of receipt. Your option may be cancelled if your form is not received by that date. SCHEDULE B COUNTRY-SPECIFIC APPENDIX TO TIME-BASED RESTRICTED SHARE UNIT AWARD AGREEMENT XXXXXX GROUP HOLDINGS PUBLIC LIMITED COMPANY 2012 EQUITY INCENTIVE PLAN Terms and Conditions This Schedule B includes additional terms and conditions that govern the Restricted Share Unit Award granted to the Executive under the Plan and the Agreement if the Executive resides in one of the countries listed below. This Schedule B forms part of the Agreement. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement or the Plan.
Sample 1
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Related to Installments as Separate Payment

  • Treatment of Each Installment as a Separate Payment For purposes of applying the provisions of Section 409A to this Agreement, each separately identified amount to which the Executive is entitled under this Agreement shall be treated as a separate payment. In addition, to the extent permissible under Section 409A, any series of installment payments under this Agreement shall be treated as a right to a series of separate payments.

  • Separate Payments Each installment payment required under this Agreement shall be considered a separate payment for purposes of Section 409A.

  • Installment Payments Notwithstanding Section 3.01, the Executive may elect by written notice to receive any payments due to him hereunder by way of periodic or installment payments.

  • Upfront Payment Upon the execution of this Agreement, the Lessee shall pay to the Lessor the following: (check one) ☐ - First Month’s Rent of: _ Dollars ($ _) ☐ - Last Month’s Rent of: ___ _ Dollars ($ _) ☐ - Security Deposit of: _ _ Dollars ($ _)

  • Lump Sum Severance Payment Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated Bonus, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

  • Treatment of Installment Payments Each payment of termination benefits under this Agreement shall be considered a separate payment, as described in Treas. Reg. Section 1.409A‑2(b)(2), for purposes of Section 409A of the Code.

  • Termination for Non-Payment We may terminate this Agreement with immediate effect by giving written notice to you if you fail to pay any amount due under this Agreement on the due date for payment and remain in default not less than thirty

  • Income Payments Seller shall be entitled to receive an amount equal to all Income paid or distributed on or in respect of the Securities that is not otherwise received by Seller, to the full extent it would be so entitled if the Securities had not been sold to Buyer. Buyer shall, as the parties may agree with respect to any Transaction (or, in the absence of any such agreement, as Buyer shall reasonably determine in its discretion), on the date such Income is paid or distributed either (i) transfer to or credit to the account of Seller such Income with respect to any Purchased Securities subject to such Transaction or (ii) with respect to Income paid in cash, apply the Income payment or payments to reduce the amount, if any, to be transferred to Buyer by Seller upon termination of such Transaction. Buyer shall not be obligated to take any action pursuant to the preceding sentence (A) to the extent that such action would result in the creation of a Margin Deficit, unless prior thereto or simultaneously therewith Seller transfers to Buyer cash or Additional Purchased Securities sufficient to eliminate such Margin Deficit, or (B) if an Event of Default with respect to Seller has occurred and is then continuing at the time such Income is paid or distributed.

  • Lump Sum Payments If, during the Employment Period, the Company terminates the Executive's employment other than for Cause, or the Executive terminates employment for Good Reason, the Company shall pay to the Executive the following amounts:

  • Installments For purposes of Section 409A of the Code (including, without limitation, for purposes of Treasury Regulation Section 1.409A-2(b)(2)(iii)), Executive’s right to receive any installment payments under this Agreement shall be treated as a right to receive a series of separate payments and, accordingly, each such installment payment shall at all times be considered a separate and distinct payment.

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