Nonqualified Deferred Compensation Rules definition

Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

Nonqualified Deferred Compensation Rules means the limitations or requirements of section 409A of the Code and the guidance and regulations promulgated thereunder.

Nonqualified Deferred Compensation Rules means the limitations and requirements set forth in section 409A of the Code, the regulations promulgated thereunder, and any additional guidance issued by the Internal Revenue Service related thereto.

Examples of Nonqualified Deferred Compensation Rules in a sentence

• Notwithstanding the foregoing, the Exercise Price of a Nonstatutory Option may be less than 100% of the Fair Market Value per share of Stock as of the date of grant of the Option if the Option (1) does not provide for a deferral of compensation by reason of satisfying the short-term deferral exception set forth in the Nonqualified Deferred Compensation Rules or (2) provides for a deferral of compensation and is compliant with the Nonqualified Deferred Compensation Rules.

• Notwithstanding this definition of Fair Market Value, with respect to one or more Award types, or for any other purpose for which the Committee must determine the Fair Market Value under the Plan, the Committee may elect to choose a different measurement date or methodology for determining Fair Market Value so long as the determination is consistent with the Nonqualified Deferred Compensation Rules and all other applicable laws and regulations.

• It is the general intention, but not the obligation, of the Committee to design Awards to comply with or to be exempt from the Nonqualified Deferred Compensation Rules, and Awards will be operated and construed accordingly.

• The applicable provisions of the Nonqualified Deferred Compensation Rules are hereby incorporated by reference and shall control over any Plan or Award Agreement provision in conflict therewith.

• In no event shall the Company be liable for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by the Participant on account of non-compliance with the Nonqualified Deferred Compensation Rules.

More Definitions of Nonqualified Deferred Compensation Rules

Nonqualified Deferred Compensation Rules means the rules set forth in section 409A of the Code and the Department of Treasury regulations and other interpretive guidance issued thereunder, including, without limitation, any such regulations or other guidance that may be issued after the Effective Date.

Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Internal Revenue Code of 1986, as amended and the regulations promulgated thereunder.

Nonqualified Deferred Compensation Rules means the limitations or requirements of section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder.

Nonqualified Deferred Compensation Rules means the policies, procedures and rules adopted by the Company from time to time regarding the operation and administration of the Company’s nonqualified deferred compensation plans, programs and arrangements, which shall at all times be intended to comply with the requirements of Section 409A of the Code.

Nonqualified Deferred Compensation Rules means the nonqualified deferred compensation rules under Code Section 409A and any applicable Treasury Regulations and other official guidance thereunder.

Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code.

Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the