Section 409a Certain Excise Taxes. of the Employment Agreement; any amounts not paid on their scheduled payment dates pursuant to that provision shall be paid to Executive in a single lump sum payment on the first payroll date occurring after July 15, 2020 (the “Delayed Payment Date”). Notwithstanding the other provisions of Section 6.5 and Section 6.6 of the Employment Agreement, the Company shall have the right to cease or terminate the Severance Payment in the event Executive breaches, in the Company’s sole discretion, any covenant contained in Section 3 herein and/or in Section 5 of the Employment Agreement; and
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Samples: Voluntary Separation Agreement and Release (Stewart Information Services Corp)
