Purpose of Amendment. The Company and Executive desire to minimize the risk to Executive of premature income taxation and unnecessary penalties under Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), by amending certain provisions of the Employment Agreement to comply with Section 409A of the Code or applicable guidance or regulations thereunder.
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Samples: Employment Agreement (Dolan Media CO), Employment Agreement (Dolan Media CO), Employment Agreement (Dolan Media CO)
Purpose of Amendment. The Company and Executive Employee desire to minimize the risk to Executive Employee of premature income taxation and unnecessary penalties under Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), by amending certain provisions of the Employment Agreement to comply with Section 409A of the Code or applicable guidance or regulations thereunderthereunder and to reflect the change to Employee’s title occurring on the Second Effective Date.
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