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.
Appears in 5 contracts
Sources: Employment Agreement (Forgent Power Solutions, Inc.), Employment Agreement (Forgent Power Solutions, Inc.), Employment Agreement (Renovaro Inc.)
Installments as Separate Payment. For purposes of Section 409A, the 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.
Appears in 2 contracts
Sources: Change in Control Severance Protection Agreement (Campbell Soup Co), Change in Control Severance Protection Agreement (Campbell Soup Co)