Installment Payments. It is the intent that any right of Participant to receive installment payments (within the meaning of Section 409A) with respect to the Units subject to this Agreement shall, for all purposes of Section 409A, be treated as a right to a series of separate payments.
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Samples: Restricted Stock Units Agreement (Terran Orbital Corp), Restricted Stock Units Agreement (Qt Imaging Holdings, Inc.), Option Agreement (AEye, Inc.)
Installment Payments. It is the intent of this Plan that any right of a Participant to receive installment payments (within the meaning of Section 409A) with respect to the Units subject to this Agreement shall, for all purposes of Section 409A, be treated as a right to a series of separate payments.
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