Common use of Deferred Payments Clause in Contracts

Deferred Payments. “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 12 contracts

Samples: Employment Agreement (Sarcos Technology & Robotics Corp), Sarcos Corp. Employment Agreement (Sarcos Technology & Robotics Corp), Sarcos Corp. Employment Agreement (Sarcos Technology & Robotics Corp)

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Deferred Payments. For purposes of this Agreement, “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 11 contracts

Samples: Employment Agreement (TrueCar, Inc.), Employment Agreement (TrueCar, Inc.), Employment Agreement (TrueCar, Inc.)

Deferred Payments. “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) , if any, pursuant to this Agreement and that, in each case, are or when considered together with any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries)are, that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 9 contracts

Samples: Change of Control and Severance Agreement (Cerence Inc.), Change of Control and Severance Agreement (Cerence LLC), Change of Control and Severance Agreement (Cerence LLC)

Deferred Payments. “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) , if any, pursuant to this Agreement and that, in each case, are or when considered together with any other severance payments or separation benefits are, deemed to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered “non-qualified deferred compensation under compensation” within the meaning of Section 409A.

Appears in 4 contracts

Samples: Change of Control and Severance Agreement (Cerence Inc.), Change of Control and Severance Agreement (Cerence Inc.), Change of Control and Severance Agreement (Cerence Inc.)

Deferred Payments. “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) , if any, pursuant to this Agreement that, in each case, when considered together, and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries)that, that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 3 contracts

Samples: Change of Control and Severance Agreement (Nuance Communications, Inc.), Retention Agreement (Nuance Communications, Inc.), Change of Control and Severance Agreement (Nuance Communications, Inc.)

Deferred Payments. “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and or any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries)agreement, that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 2 contracts

Samples: Employment Agreement (Sarcos Technology & Robotics Corp), Employment Agreement (Sarcos Technology & Robotics Corp)

Deferred Payments. For purposes of this Agreement, “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 2 contracts

Samples: Senior Executive Employment Agreement (TrueCar, Inc.), Senior Executive Employment Agreement (TrueCar, Inc.)

Deferred Payments. “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) , if any, pursuant to this Agreement and that, in each case, are or when considered together with any other severance payments or separation benefits are, deemed to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered “non-qualified deferred compensation under compensation” within the meaning of Section 409A.

Appears in 2 contracts

Samples: Change of Control and Severance Agreement (Cerence Inc.), Control Equity Acceleration Agreement (Cerence Inc.)

Deferred Payments. For purposes of this Letter, “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive you (or Executive’s your estate or beneficiaries) pursuant to this Agreement Letter and any other severance payments or separation benefits to be paid or provided to Executive you (or Executive’s your estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 1 contract

Samples: TrueCar, Inc.

Deferred Payments. For purposes of this Agreement, “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under subject to and not otherwise exempt from Section 409A.

Appears in 1 contract

Samples: Employment Agreement (TrueCar, Inc.)

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Deferred Payments. For purposes of this Agreement, the term “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) the Employee pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries)benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 1 contract

Samples: Change of Control Agreement (Intevac Inc)

Deferred Payments. “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries)benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 1 contract

Samples: Change in Control Severance Agreement (E2open Inc)

Deferred Payments. For purposes of this Agreement, “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries)benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 1 contract

Samples: Employment Agreement (TrueCar, Inc.)

Deferred Payments. “Deferred Payments” means any will mean severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) , if any, pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

Appears in 1 contract

Samples: Control Severance Agreement (Nlight, Inc.)

Deferred Payments. For purposes of this Agreement, “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.409A

Appears in 1 contract

Samples: Senior Executive Employment Agreement (TrueCar, Inc.)

Deferred Payments. “Deferred Payments” means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered non qualified deferred compensation under Section 409A.

Appears in 1 contract

Samples: Employment Agreement (Sarcos Technology & Robotics Corp)

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