Section 409A Deferred Compensation definition

Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.
Section 409A Deferred Compensation means compensation provided pursuant to the Plan that constitutes deferred compensation subject to and not exempted from the requirements of Section 409A.
Section 409A Deferred Compensation means compensation payable pursuant to the Award granted to a Participant subject to United States income taxation that constitutes nonqualified deferred compensation for purposes of Section 409A.

Examples of Section 409A Deferred Compensation in a sentence

  • The Committee shall have the authority to provide in the Award Agreement evidencing any Award providing for Section 409A Deferred Compensation for payment pursuant to Section 15.4(a)(vi) in settlement of all or a portion of such Award in the event that a Participant establishes, to the satisfaction of the Committee, the occurrence of an unforeseeable emergency.

  • Notwithstanding any provision of the Plan or an Award Agreement to the contrary, to theextent that any amount constituting Section 409A Deferred Compensation would become payable under this Plan by reason of a Change in Control, such amount shall become payable only if the event constituting a Change in Control would also constitute a change in ownership or effectivecontrol of the Company or a change in the ownership of a substantial portion of the assets of the Company within the meaning of Section 409A.

  • Notwithstanding a ny provision of the Plan or an Award Agreement to the contrary, this Plan does not permit the acceleration of the time or schedule of any payment under an Award providing Section 409A Deferred Compensation, except as permitted by Section 409A.

  • Theprovisions of this Section 15 shall apply to any Award or portion thereof that constitutes or provides forpayment of Section 409A Deferred Compensation.

  • The Company reserves the right in its discretion to accelerate the time or schedule of any payment under an Award providing Section 409A Deferred Compensation to the maximum extent permitted by Section 409A.(i) No Representation Regarding Section 409A Compliance.


More Definitions of Section 409A Deferred Compensation

Section 409A Deferred Compensation shall have the meaning set forth in Section 8(a).
Section 409A Deferred Compensation means a deferral of compensation that is subject to (and not otherwise exempt from) the requirements of Section 409A of the Code.
Section 409A Deferred Compensation means compensation and benefits provided by the Plan that constitute deferred compensation subject to and not exempted from the requirements of Section 409A.
Section 409A Deferred Compensation means an amount payable or benefit to be provided under a "nonqualified deferred compensation plan" as defined in Section 409A.
Section 409A Deferred Compensation means compensation, benefits or arrangements provided by the Plan or otherwise that constitute or would give rise to deferred compensation subject to and not exempted from the requirements of Section 409A.
Section 409A Deferred Compensation means a Participant’s Excess Moody’s Earnings and Excess Prior Rate Earnings.
Section 409A Deferred Compensation means compensation provided pursuant to the Plan that constitutes deferredcompensation subject to and not exempted from the requirements of Section 409A.