Sections 409A and 457A of the Code. It is intended that the Stock Units and the Restricted Shares shall be exempt from Sections 409A and 457A of the Code pursuant to the “short-term deferral” rule applicable to each such section, as set forth in the regulations or other guidance published by the Internal Revenue Service thereunder.
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Sources: Stock Unit and Restricted Stock Agreement (Lazard Group LLC), Stock Unit and Restricted Stock Agreement (Lazard LTD)
Sections 409A and 457A of the Code. It is intended that the Stock Units and the Restricted Shares shall be exempt from Sections 409A and 457A of the Code pursuant to the “short-term deferral” rule applicable to each such section, as set forth in the regulations or other guidance published by the Internal Revenue Service thereunder.
Appears in 1 contract