THEN. i. Each installment of the severance payments and benefits due under this Agreement that, in accordance with the dates and terms set forth herein, will in all circumstances, regardless of when the separation from service occurs, be paid within the Short-Term Deferral Period (as hereinafter defined) shall be treated as a short-term deferral within the meaning of Treasury Regulation § 1.409A-1(b)(4) to the maximum extent permissible under Section 409A. For purposes of this Agreement, the “
Appears in 4 contracts
Samples: Change in Control Agreement (Varian Semiconductor Equipment Associates Inc), Change in Control Agreement (Varian Semiconductor Equipment Associates Inc), Change in Control Agreement (Varian Semiconductor Equipment Associates Inc)
