Common use of No Deferral of Compensation Clause in Contracts

No Deferral of Compensation. This Agreement is intended to be exempt from the requirements of Section 409A of the Internal Revenue Code by reason of all payments under this Agreement being either “short-term deferrals” within the meaning of Treas. Reg. § 1.409A-(1)(b)(4) or excluded welfare benefits under Treas. Reg. § 1.409A-(1)(a)(5). All provisions of this Agreement shall be interpreted in a manner consistent with preserving these exemptions.

Appears in 8 contracts

Samples: Employment Agreement (Rentrak Corp), Employment Agreement (Rentrak Corp), Agreement and Release (Rentrak Corp)

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