USA specific Sample Clauses
USA specific. 21.14.1 To the extent that any US employee plan (“Employee Plan”) (including any agreement which would be an Employee Plan if currently in effect) is a “Nonqualified Deferred Compensation Plan”, as such term is defined in Section 409A of the US Internal Revenue Code (the “Code”), such Employee Plan is in documentary and operational compliance with Section 409A of the Code and all applicable guidance issued by the US Internal Revenue Service thereunder.
21.14.2 No amounts payable by reason of or in connection with the transactions contemplated by this Agreement are subject to loss of tax deduction under Section 280G of the Code and no Person is subject to an additional tax under Section 4999 of the Code in respect of such transactions.
