Section 409A definition

Section 409A means Section 409A of the Code and the regulations and other guidance promulgated thereunder.
Section 409A means Section 409A of the Code.
Section 409A means Section 409A of the Code and the regulations and guidance of general applicability issued thereunder.

Examples of Section 409A in a sentence

  • In the event the Company and Executive determine that any payment hereunder is not in compliance with Section 409A, the parties shall negotiate in good faith to modify the arrangement as necessary to be in compliance, preserving, to the maximum extent possible, the original economic intent of the parties hereunder.

  • For purposes of Section 409A, each payment under this Agreement will be treated as a separate payment.

  • This Agreement and the severance payments and benefits herein are intended to comply with Section 409A or an exemption thereunder and shall be construed and administered in accordance with such intent.

  • If any payment provided to Executive in connection with Executive’s termination of employment is determined to constitute “nonqualified deferred compensation” within the meaning of Section 409A and Executive is determined to be a “specified employee” as defined in Section 409A, then such payment shall not be paid until the first payroll date following the six-month anniversary of Executive’s termination of employment.

  • To the extent Section 409A applies, any payments to be made under this Agreement upon a termination of employment shall only be made upon a “separation from service” under Section 409A.


More Definitions of Section 409A

Section 409A means Section 409A of the Code, and any proposed, temporary or final Treasury Regulations and Internal Revenue Service guidance thereunder, as each may be amended from time to time.
Section 409A means Section 409A of the Code and all regulations, guidance, compliance programs and other interpretative authority thereunder.
Section 409A means Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations and other interpretive guidance promulgated thereunder, as in effect from time to time.
Section 409A means 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.
Section 409A means 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.
Section 409A means Section 409A of the Code, or any successor provision, and applicable Treasury Regulations and other applicable guidance thereunder.
Section 409A means Code Section 409A and the U.S. Treasury Regulations and guidance thereunder, and any applicable state law equivalent, as each may be promulgated, amended or modified from time to time.