Section 409A Delay. If required by Section 409A (but only to the extent so required), notwithstanding anything to the contrary in this Agreement, the Termination Benefits and the CIC Termination Benefits to be made to Executive shall be paid or provided no sooner than the first day of the seventh month following the Executive’s termination date.
Appears in 2 contracts
Sources: Employment Agreement (Iteris, Inc.), Employment Agreement (Iteris, Inc.)
Section 409A Delay. If required by Section 409A (but only to the extent so required), notwithstanding anything to the contrary in this Agreement, the Termination Benefits and the CIC Termination Benefits to be made to Executive shall be paid or provided no sooner than the first (1st) day of the seventh (7th) month following the Executive’s termination date.
Appears in 1 contract
Sources: Employment Agreement (Iteris, Inc.)
Section 409A Delay. If required by Section 409A (but only to the extent so required), notwithstanding anything to the contrary in this Agreement, the Termination Benefits and the CIC Termination Benefits to be made to Executive shall be paid or provided no sooner than the first day of the seventh month following the Executive’s termination date.
Appears in 1 contract