Separate Payments. Notwithstanding anything in this Agreement to the contrary, each payment payable hereunder shall be deemed to be a payment in a series of separate payments for purposes of Code Section 409A.
Appears in 21 contracts
Sources: Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.)
Separate Payments. Notwithstanding anything in this Agreement to To the contraryextent permissible under Section 409A of the Code, each payment payable hereunder required to be made in installments shall be deemed to be a payment in a series of separate payments for purposes payments, and each payment made under this Agreement shall be designated as a “separate payment” within the meaning of Code Section 409A.409A of the Code.
Appears in 1 contract
Sources: Executive Employment Agreement (Mesa Laboratories Inc /Co/)