Common use of Separation from Service Clause in Contracts

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 28 contracts

Samples: Change in Control Severance Agreement (Nevro Corp), Change in Control and Severance Agreement (Imago BioSciences, Inc.), Change in Control Severance Agreement (Nevro Corp)

AutoNDA by SimpleDocs

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections Article 3 or Article 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations Regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii5.10(b) of this Agreementhereof, any such amount shall not be paid, or in the case of installments, commence payment, until the first regularly-scheduled payroll date occurring on or after the sixtieth (60th) day following Executive’s Separation separation from Serviceservice. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation separation from Service service but for the preceding sentence shall be paid to Executive on the first regularly-scheduled payroll date occurring on or after the sixtieth (60th) day following after Executive’s Separation separation from Service service and the remaining payments shall be made as provided in this Agreement.

Appears in 21 contracts

Samples: Executive Employment Agreement (Syndax Pharmaceuticals Inc), Executive Employment Agreement (Syndax Pharmaceuticals Inc), Executive Employment Agreement (Syndax Pharmaceuticals Inc)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections Section 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii13(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 15 contracts

Samples: Change of Control Severance Agreement (Jacobs Engineering Group Inc /De/), Change in Control and Severance Agreement (Bebe Stores, Inc.), Change of Control Severance Agreement (Jacobs Engineering Group Inc /De/)

Separation from Service. Notwithstanding any provision anything in this Agreement to the contrary in contrary, any compensation or benefits payable under this Agreement, no amount deemed Agreement that is considered nonqualified deferred compensation subject to under Section 409A of the Code shall be and is designated under this Agreement as payable pursuant to Sections 3 or 4 above unless upon Executive’s termination of employment constitutes a shall be payable only upon Executive’s “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a “Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreementbelow, any such amount compensation or benefits described in Sections 4(b)-(e) shall not be paid, or or, in the case of installments, shall not commence payment, until the sixtieth (60th) day following Executive’s Separation from ServiceService (the “First Payment Date”). Any lump sum payment or installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service First Payment Date and the any remaining installment payments shall be made as provided in this Agreement.

Appears in 11 contracts

Samples: Employment Agreement (DENTSPLY SIRONA Inc.), Employment Agreement (DENTSPLY SIRONA Inc.), Employment Agreement (DENTSPLY SIRONA Inc.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii11(a)(iii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 8 contracts

Samples: Change in Control and Severance Agreement (Adverum Biotechnologies, Inc.), Change in Control and Severance Agreement (Adverum Biotechnologies, Inc.), Change in Control and Severance Agreement (Adverum Biotechnologies, Inc.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 4 or 4 5 above unless Executive’s termination of employment constitutes a “separation from service” with the Company Avago within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii13(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 7 contracts

Samples: Severance Benefit Agreement (Broadcom Inc.), Severance Benefit Agreement (Avago Technologies LTD), Severance Benefit Agreement (Avago Technologies LTD)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii12(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 7 contracts

Samples: Change in Control and Severance Agreement (Avalanche Biotechnologies, Inc.), Change in Control and Severance Agreement (Adverum Biotechnologies, Inc.), Change in Control and Severance Agreement (Adverum Biotechnologies, Inc.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or and 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 6 contracts

Samples: Restrictive Covenants Agreement (American Airlines, Inc.), Restrictive Covenants Agreement (American Airlines, Inc.), Restrictive Covenants Agreement (American Airlines, Inc.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections Section 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii13(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 5 contracts

Samples: Change in Control and Severance Agreement (Micrel Inc), Change in Control and Severance Agreement (Micrel Inc), Change in Control and Severance Agreement (Micrel Inc)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 4 or 4 5 above unless Executive’s termination of employment constitutes a “separation from service” with the Company Broadcom within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii13(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 5 contracts

Samples: Severance Benefit Agreement (Broadcom Inc.), Severance Benefit Agreement (Broadcom Inc.), Severance Benefit Agreement (Broadcom LTD)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections Section 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii12(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 5 contracts

Samples: Change in Control Severance Agreement (Ardelyx, Inc.), Change in Control Severance Agreement (Ardelyx, Inc.), Change in Control Severance Agreement (Ardelyx, Inc.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections Section 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii11(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 4 contracts

Samples: Change in Control and Severance Agreement (Sarepta Therapeutics, Inc.), Change in Control and Severance Agreement (Sarepta Therapeutics, Inc.), Change in Control and Severance Agreement (Sarepta Therapeutics, Inc.)

Separation from Service. Notwithstanding any provision anything in this Agreement to the contrary in contrary, any compensation or benefits payable under this Agreement, no amount deemed Agreement that is considered nonqualified deferred compensation subject to under Section 409A of the Code shall be and is designated under this Agreement as payable pursuant to Sections 3 or 4 above unless upon Executive’s termination of employment constitutes a shall be payable only upon Executive’s “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a “Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreementbelow, any such amount compensation or benefits described in Section 4(b) or Section 4(c) shall not be paid, or or, in the case of installments, shall not commence payment, until the sixtieth fifty-third (60th53rd) day following Executive’s Separation from ServiceService (the “First Payment Date”). Any installment payments that would have been made to Executive during the sixty fifty-three (6053) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service First Payment Date and the remaining payments shall be made as provided in this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (K12 Inc), Employment Agreement (Xerium Technologies Inc)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or 4 6, 7 and/or 8 above unless Executive’s termination of employment constitutes a “separation from service” with the Company Broadcom within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii16(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 2 contracts

Samples: Severance Benefit Agreement (Broadcom Inc.), Severance Benefit Agreement (Broadcom Inc.)

Separation from Service. Notwithstanding any provision anything in this Amendment or the Agreements to the contrary in this Agreementcontrary, no amount termination benefits deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or 4 above the Agreements unless Executive’s 's termination of employment constitutes a "separation from service" with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a "Separation from Service") and, except as provided under Section 14(a)(iiParagraph 5(b) of this AgreementAmendment, any such amount termination benefits shall not be paid, or or, in the case of installments, shall not commence payment, until the sixtieth (60th) day following Executive’s 's Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s 's Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s 's Separation from Service and the remaining payments shall be made as provided in this Agreementthe Agreements.

Appears in 2 contracts

Samples: Employment Agreement (Alliance HealthCare Services, Inc), Employment Agreement (Alliance HealthCare Services, Inc)

Separation from Service. Notwithstanding any provision anything in the Agreement to the contrary in this Agreementcontrary, no amount deemed any compensation or benefits payable under the Agreement that constitute “nonqualified deferred compensation subject to compensation” within the meaning of Section 409A of (“Deferred Compensation”) and which are designated under the Code shall be Agreement as payable pursuant to Sections 3 or 4 above unless upon Executive’s termination of employment constitutes a shall be payable only upon Executive’s “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a “Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreementthe next paragraph, any such amount compensation or benefits shall not be paid, or or, in the case of installments, shall not commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this the Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Avago Technologies LTD), Employment Agreement (Avago Technologies LTD)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections Section 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii17(b) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Ellie Mae Inc), Employment Agreement (Ellie Mae Inc)

Separation from Service. Notwithstanding any provision anything in this Agreement to the contrary in this Agreementcontrary, no amount termination benefits deemed deferred compensation subject to Section 409A of the Code Code, shall be payable pursuant to Sections 3 or 4 above this Agreement unless Executive’s 's termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a “Separation from Service”) and, except as provided Execution Copy under Section 14(a)(ii3(d)(ii) of this Agreement, any such amount termination benefits shall not be paid, or or, in the case of installments, shall not commence payment, until the sixtieth (60th) day following Executive’s 's Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s 's Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s 's Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Executive Severance Agreement (Alliance HealthCare Services, Inc)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount that is deemed deferred compensation a “deferral of compensation” subject to Section 409A of the Code shall be payable pursuant to Sections 3 or Section 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii9(c) of this Agreementbelow, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service Service, but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Kubient, Inc.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 Section 6, 7 or 4 above 8 unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii17(b) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ellie Mae Inc)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections Section 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii11(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.sixtieth

Appears in 1 contract

Samples: Change in Control Severance Agreement (Ellie Mae Inc)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections Section 3 or 4 above unless Executive’s 's termination of employment constitutes a "separation from service" with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder ("Separation from Service") and, except as provided under Section 14(a)(ii1l(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s 's Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s 's Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s 's Separation from Service and the remaining payments shall be made as provided in this Agreement.. 2947059.v4

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Sarepta Therapeutics, Inc.)

Separation from Service. Notwithstanding any provision anything in this Agreement to the contrary in this Agreementcontrary, no amount termination benefits deemed deferred compensation subject to Section 409A of the Code Code, shall be payable pursuant to Sections 3 or 4 above this Agreement unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a “Separation from Service”) and, except as provided under Section 14(a)(ii3(d)(ii) of this Agreement, any such amount termination benefits shall not be paid, or or, in the case of installments, shall not commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Executive Severance Agreement (Alliance HealthCare Services, Inc)

AutoNDA by SimpleDocs

Separation from Service. Notwithstanding any provision anything in this Agreement to the contrary in contrary, any compensation or benefits payable under this Agreement, no amount deemed Agreement that is considered nonqualified deferred compensation subject to under Section 409A of the Code shall be and is designated under this Agreement as payable pursuant to Sections 3 or 4 above unless upon Executive’s termination of employment constitutes a shall be payable only upon Executive’s “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a “Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreementbelow, any such amount compensation or benefits described in Section 4(b) shall not be paid, or or, in the case of installments, shall not commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty sixtieth (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (PPD, Inc.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or Section 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii12(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Change in Control Agreement (Frontier Communications Corp)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections Section 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii13(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.sixtieth

Appears in 1 contract

Samples: Change of Control Severance Agreement (Ch2m Hill Companies LTD)

Separation from Service. Notwithstanding any provision anything in this Agreement to the contrary in contrary, any compensation or benefits payable under this Agreement, no amount deemed Agreement that is considered nonqualified deferred compensation subject to under Section 409A of the Code shall be and is designated under this Agreement as payable pursuant to Sections 3 or 4 above unless upon Executive’s termination of employment constitutes a shall be payable only upon Executive’s “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a “Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreementbelow, any such amount compensation or benefits described in Section 4(b) or Section 4(c) shall not be paid, or or, in the case of installments, shall not commence payment, until the sixtieth (60th) day following Executive’s Separation from ServiceService (the “First Payment Date”). Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service First Payment Date and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Lonestar Resources US Inc.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or 4 above unless ExecutiveEmployee’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following ExecutiveEmployee’s Separation from Service. Any installment payments that would have been made to Executive Employee during the sixty (60) day period immediately following ExecutiveEmployee’s Separation from Service but for the preceding sentence shall be paid to Executive Employee on the sixtieth (60th) day following ExecutiveEmployee’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Severance Agreement and Change in Control Agreement (Fractyl Health, Inc.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 Section 7, 8 or 4 above 9 upon a termination of employment unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii18(b) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ellie Mae Inc)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii11(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Adverum Biotechnologies, Inc.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 3, 4 or 4 5 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii15(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Wet Seal Inc)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or 4 above unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following -7- ||| Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Nevro Corp)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 or 4 above under Section 2(f)(ii) unless Executive’s termination of employment constitutes a “separation from service” with the Company and its affiliates within the meaning of Section 409A of the Code and the Department of Code, Treasury regulations Regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreement, and any such amount shall not be paid, or in the case of installments, commence payment, until the first payroll period following the sixtieth (60th) day following Executive’s Separation separation from Serviceservice. Any installment payments that would have been made to Executive during the sixty (60) day 60)-day period immediately following Executive’s Separation separation from Service service but for the preceding sentence shall be paid to Executive on the first payroll period following the sixtieth (60th) day following after Executive’s Separation separation from Service service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Employment Agreement (CHC Group Ltd.)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections Section 3 or 4 above unless Executive’s 's termination of employment constitutes a "separation from service" with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder ("Separation from Service") and, except as provided under Section 14(a)(ii1l(a)(iii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s 's Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s 's Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s 's Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Sarepta Therapeutics, Inc.)

Separation from Service. Notwithstanding any provision anything in this Agreement to the contrary in this Agreementcontrary, no amount termination benefits deemed deferred compensation subject to Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"), shall be payable pursuant to Sections 3 or 4 above this Agreement unless Executive’s 's termination of employment constitutes a "separation from service" with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a "Separation from Service") and, except as provided under Section 14(a)(ii3(d)(ii) of this Agreement, any such amount termination benefits shall not be paid, or or, in the case of installments, shall not commence payment, until the sixtieth (60th) day following Executive’s 's Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s 's Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s 's Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Executive Severance Agreement (Alliance HealthCare Services, Inc)

Separation from Service. Notwithstanding any provision to the contrary in this Agreement, no amount deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to Sections 3 Section 4 or 4 above 5 unless Executive’s termination of employment constitutes a “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (“Separation from Service”) and, except as provided under Section 14(a)(ii13(a)(ii) of this Agreement, any such amount shall not be paid, or in the case of installments, commence payment, until the sixtieth (60th) day following Executive’s Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period immediately following Executive’s Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive’s Separation from Service and the remaining payments shall be made as provided in this Agreement.

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Micrel Inc)

Separation from Service. Notwithstanding any provision anything in the Agreement to the contrary in this Agreementcontrary, no amount deemed any compensation or benefits payable under the Agreement that constitute “nonqualified deferred compensation subject to compensation” within the meaning of Section 409A (“Deferred Compensation”) and which are designated under the Agreement as payable upon your termination of the Code employment shall be payable pursuant to Sections 3 or 4 above unless Executive’s termination of employment constitutes a only upon your “separation from service” with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a “Separation from Service”) and, except as provided under Section 14(a)(ii) of this Agreementthe next paragraph, any such amount compensation or benefits shall not be paid, or or, in the case of installments, shall not commence payment, until the sixtieth (60th) day following Executive’s your Separation from Service. Any installment payments that would have been made to Executive you during the sixty (60) day period immediately following Executive’s your Separation from Service but for the preceding sentence shall be paid to Executive you on the sixtieth (60th) day following Executive’s your Separation from Service and the remaining payments shall be made as provided in this the Agreement.

Appears in 1 contract

Samples: Avago Technologies LTD

Time is Money Join Law Insider Premium to draft better contracts faster.