Code Section 409A definition

Code Section 409A means the provisions of Section 409A of the Code and any rules, regulations and guidance promulgated thereunder, as modified from time to time.

Code Section 409A means Section 409A of the Code together with the treasury regulations and other official guidance promulgated thereunder.

Code Section 409A means Section 409A of the Code and the regulations and guidance promulgated thereunder.

Examples of Code Section 409A in a sentence

• For purposes of Code Section 409A, the regulations and other guidance thereunder and any state law of similar effect (collectively “Section 409A”), each payment that is paid pursuant to this Agreement is hereby designated as a separate payment.

• If, as of the date of the Executive’s separation from service with the Company, the Executive is eligible to receive more than one (1) benefit under this Agreement, the Executive shall be provided the benefit with the greatest net present value (calculated using the annual long-term applicable federal rate then in effect) as of such separation from service, payable in accordance with the applicable payment provisions of this Agreement and Code Section 409A.

• It is intended that this Agreement will comply with Code Section 409A, and this Agreement shall be administered accordingly and interpreted and construed on a basis consistent with such intent.

• For purposes of Code Section 409A, all installment payments of deferred compensation made hereunder, or pursuant to another plan or arrangement, shall be deemed to be separate payments.

• If any Award would be considered deferred compensation as defined under Code Section 409A and would fail to meet the requirements of Code Section 409A, then such Award shall be null and void.

More Definitions of Code Section 409A

Code Section 409A means the provisions of Section 409A of the Code and any rules, regulations and guidance promulgated thereunder.

Code Section 409A means Section 409A of the Code and the Treasury regulations and other interpretive rulings and guidance issued thereunder.

Code Section 409A means, collectively, section 409A of the Code and any Treasury and Internal Revenue Service regulations and guidance issued thereunder.

Code Section 409A means section 409A of the Internal Revenue Code and the regulations thereunder.

Code Section 409A means Section 409A of the Code and all applicable regulations and other guidance issued under or related to Section 409A of the Code.

Code Section 409A means Section 409A of the Code.

Code Section 409A means Section 409A of the Code and all regulations issued thereunder and applicable guidance thereto.