Common use of No Deferred Compensation Clause in Contracts

No Deferred Compensation. The Restricted Stock under the Restricted Stock Agreement is intended to be exempt from the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the Restricted Stock Agreement shall be administered, construed and interpreted in accordance with such intent.

Appears in 5 contracts

Samples: Restricted Stock Agreement (YRC Worldwide Inc.), Restricted Stock Agreement (YRC Worldwide Inc.), Restricted Stock Agreement (YRC Worldwide Inc.)

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No Deferred Compensation. The Restricted Stock under the Restricted Stock Agreement is intended to be exempt from the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the Restricted Stock Agreement shall be administered, construed and interpreted in accordance with such intent.

Appears in 3 contracts

Samples: Restricted Stock Agreement (YRC Worldwide Inc.), Restricted Stock Agreement (YRC Worldwide Inc.), Restricted Stock Agreement (YRC Worldwide Inc.)

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