Installment Payments. For purposes of Code Section 409A, Employee’s right to receive any installment payments pursuant to this Agreement shall be treated as a right to receive a series of separate and distinct payments. Whenever a payment under this Agreement specifies a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the sole discretion of the Company.
Appears in 9 contracts
Samples: Employment Agreement (Near Intelligence, Inc.), Employment Agreement (Near Intelligence, Inc.), Employment Agreement (Near Intelligence, Inc.)
Installment Payments. For purposes of Code Section 409A, Employeethe Executive’s right to receive any installment payments pursuant to this Agreement shall be treated as a right to receive a series of separate and distinct payments. Whenever a payment under this Agreement specifies a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the sole discretion of the Company.
Appears in 9 contracts
Samples: Employment Agreement (Tuesday Morning Corp/De), Employment Agreement (Tuesday Morning Corp/De), Employment Agreement (Frontier Communications Parent, Inc.)
Installment Payments. For purposes of Code Section 409A, EmployeeExecutive’s right right, if any, to receive any installment payments pursuant to this Agreement shall be treated as a right to receive a series of separate and distinct payments. Whenever a payment under this Agreement specifies a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the sole discretion of the Company.. In no event may Executive, directly or indirectly, designate the calendar year of any payment to be made under this Agreement to the extent such payment is subject to Code Section 409A.
Appears in 4 contracts
Samples: Employment Agreement (Azz Inc), Employment Agreement (Azz Inc), Employment Agreement (Azz Inc)
