Common use of Reduction Order Clause in Contracts

Reduction Order. In the event that a reduction of 280G Amounts is being made in accordance with Section 8.15.1, the reduction will occur, with respect to the 280G Amounts considered parachute payments within the meaning of Section 280G of the Code, in the following order:

Appears in 18 contracts

Samples: Employment Agreement (3d Systems Corp), Employment Agreement (3d Systems Corp), Employment Agreement (3d Systems Corp)

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Reduction Order. In the event that a reduction of 280G Amounts is being made in accordance with this Section 8.15.16(b), the reduction will occur, with respect to the 280G Amounts considered parachute payments within the meaning of Section 280G of the Code, in the following order:

Appears in 3 contracts

Samples: Executive Employment Agreement (Viracta Therapeutics, Inc.), Employment Agreement (Viracta Therapeutics, Inc.), Employment Agreement (Viracta Therapeutics, Inc.)

Reduction Order. In the event that a reduction of 280G Amounts is being made in accordance with this Section 8.15.17(b), the reduction will occur, with respect to the 280G Amounts considered parachute payments within the meaning of Section 280G of the Code, in the following order:

Appears in 3 contracts

Samples: Executive Employment Agreement (Sunesis Pharmaceuticals Inc), Executive Employment Agreement (Sunesis Pharmaceuticals Inc), Executive Employment Agreement (Sunesis Pharmaceuticals Inc)

Reduction Order. In the event that a reduction of 280G Amounts is being made in accordance with this Section 8.15.15, the reduction will occur, with respect to the 280G Amounts considered parachute payments within the meaning of Section 280G of the Code, in the following order:

Appears in 2 contracts

Samples: Change in Control and Severance Agreement (A10 Networks, Inc.), Control and Severance Agreement (A10 Networks, Inc.)

Reduction Order. In the event that a reduction of 280G Amounts is being made in accordance with Section 8.15.19.15.1, the reduction will occur, with respect to the 280G Amounts considered parachute payments within the meaning of Section 280G of the Code, in the following order:

Appears in 1 contract

Samples: Employment Agreement (3d Systems Corp)

Reduction Order. In the event that a reduction of 280G Amounts is being made in accordance with Section 8.15.1‎C, the reduction will occur, with respect to the 280G Amounts considered parachute payments within the meaning of Section 280G of the Code, in the following order:

Appears in 1 contract

Samples: Axt Inc

Reduction Order. In the event that a reduction of 280G Amounts is being made in accordance with Section 8.15.1this paragraph 18, the reduction will occur, with respect to the 280G Amounts considered parachute payments within the meaning of Section 280G of the Code, in the following order:

Appears in 1 contract

Samples: CBS Corp

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Reduction Order. In the event that a reduction of 280G Amounts is being made in accordance with this Section 8.15.17, the reduction will occur, with respect to the 280G Amounts considered parachute payments within the meaning of Section 280G of the Code, in the following order:

Appears in 1 contract

Samples: Executive Severance Agreement (Informatica Corp)

Reduction Order. In the event that a reduction of 280G Amounts is being made in accordance with this Section 8.15.118, the reduction will occur, with respect to the 280G Amounts considered parachute payments within the meaning of Section 280G of the Code, in the following order:

Appears in 1 contract

Samples: CBS Corp

Reduction Order. In the event that a reduction of 280G Amounts is being made in accordance with Section 8.15.1this paragraph 19, the reduction will occur, with respect to the 280G Amounts considered parachute payments within the meaning of Section 280G of the Code, in the following order:

Appears in 1 contract

Samples: CBS Corp

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