Common use of Section 409A Rules Clause in Contracts

Section 409A Rules. “Section 409A Rules” shall mean Section 409A of the Code and the Treasury Regulations and administrative guidance promulgated thereunder. 20. Target Annual Bonus . “Target Annual Bonus” shall mean the target incentive award opportunity for Executive as established with respect to any Annual Bonus. 13

Appears in 2 contracts

Sources: Change of Control Agreement (Independence Contract Drilling, Inc.), Change of Control Agreement (Independence Contract Drilling, Inc.)