Common use of Permitted Acceleration Clause in Contracts

Permitted Acceleration. Company shall have the sole authority to make any accelerated distribution to Executive of Non-Exempt Deferred Compensation payable hereunder, provided that such distribution(s) are permissible under and meet the requirements of Treas. Reg. Section 1.409A-3(j)(4).

Appears in 2 contracts

Samples: Employment Agreement (Superior Industries International Inc), Employment Agreement (Superior Industries International Inc)

AutoNDA by SimpleDocs

Permitted Acceleration. Company shall have the sole authority to make any accelerated distribution to Executive Employee of Non-Exempt Deferred Compensation payable hereunder, provided that such distribution(s) are permissible under and meet the requirements of Treas. Reg. Section 1.409A-3(j)(4).

Appears in 1 contract

Samples: Employment Agreement (Superior Industries International Inc)

Permitted Acceleration. The Company shall have the sole authority to make any accelerated distribution to Executive of Non-Exempt Deferred Compensation payable hereunder, provided that such distribution(s) are permissible under and meet the requirements of Treas. Reg. Section 1.409A-3(j)(4).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Superior Industries International Inc)

AutoNDA by SimpleDocs

Permitted Acceleration. Company shall have the sole authority to make any accelerated distribution to Executive of Non-Exempt Deferred Compensation payable hereunder, provided that such distribution(s) are permissible under and meet the requirements of Treas. Reg. Section 1.409A-3(j)(4).. Exhibit 10.23

Appears in 1 contract

Samples: Employment Agreement (Superior Industries International Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.