Common use of Section 162(m) Clause in Contracts

Section 162(m). All payments under this Agreement are intended to constitute “qualified performance-based compensation” within the meaning of Section 162(m) of the Code. This Award shall be construed and administered in a manner consistent with such intent.

Appears in 29 contracts

Samples: 2015 Annual Incentive Award Grant Agreement (United Community Financial Corp), Performance Stock Unit Award Agreement (Avangrid, Inc.), 2014 Annual Incentive Award Grant Agreement (United Community Financial Corp)

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Section 162(m). All payments under this Agreement are intended to constitute "qualified performance-based compensation" within the meaning of Section 162(m) of the Code. This Award shall be construed and administered in a manner consistent with such intent.

Appears in 8 contracts

Samples: Performance Award Agreement (Titan Machinery Inc.), Performance Share Unit Agreement (HomeStreet, Inc.), Performance Share Unit Agreement (HomeStreet, Inc.)

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Section 162(m). All payments under this Agreement are intended to constitute “qualified performance-based compensation” within the meaning of Section 162(m) of the Code). This Award award shall be construed and administered in a manner consistent with such intent.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Smart & Final Stores, Inc.), Restricted Stock Agreement (Smart & Final Stores, Inc.), Restricted Stock Agreement (Smart & Final Stores, Inc.)

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