Common use of Reasonable Compensation Clause in Contracts

Reasonable Compensation. Amounts payable under this Article IV for services rendered by Executive during his employment constitute reasonable compensation for such services as provided for under section 280G(b)(4) of the Code. This paragraph C of Article IV does not apply to amounts payable under Article V.

Appears in 4 contracts

Sources: Employment Severance Compensation Agreement (Pinnacle Financial Services Inc), Employment Severance Compensation Agreement (Pinnacle Financial Services Inc), Employment Severance Compensation Agreement (Pinnacle Financial Services Inc)