Common use of Required Postponement for Specified Executives Clause in Contracts

Required Postponement for Specified Executives. If Executive is considered a “specified employee” (as defined under Section 409A) and payment of any amounts under this Agreement is required to be delayed for a period of six (6) months after separation from service pursuant to Section 409A, payment of such amounts shall be delayed as required by Section 409A, and the accumulated postponed amounts shall be paid in a lump-sum payment within five (5) days after the end of the six (6) month period. If Executive dies during the postponement period prior to the payment of benefits, the amounts postponed on account of Section 409A shall be paid to the personal representative of Executive’s estate within thirty (30) days after the date of Executive’s death.

Required Postponement for Specified Executives. If Executive is considered a “specified employee” (as defined under Section 409A) and payment of any amounts under this Agreement is required to be delayed for a period of six (6) months after separation from service pursuant to Section 409A, payment of such amounts shall be delayed as required by Section 409A, and the accumulated postponed amounts shall be paid in a lump-sum payment within five (5) days after the end of the six (6) month period. If Executive dies during the postponement period prior to the payment of benefits, the amounts postponed on account of Section 409A shall be paid to the personal representative of Executive’s estate within thirty sixty (3060) days after the date of Executive’s death.

Required Postponement for Specified Executives. (a) If Executive is considered a “specified employee” Specified Executive (as defined under Section 409Abelow) and payment of any amounts under this Agreement is required to be delayed for a period of six (6) months after separation from service pursuant to Section 409A409A of the Code, payment of such amounts shall be delayed as required by Section section 409A, and the accumulated postponed amounts amounts, with accrued interest as described below, shall be paid in a lump-lump sum payment within five (5) days after the end of the six (6) month period. If Executive dies during the postponement period prior to the payment of benefits, the amounts postponed on account of Section 409A 409A, with accrued interest as described in subsection (b) below, shall be paid to the personal representative of Executive’s estate within thirty (30) 60 days after the date of Executive’s death.

Required Postponement for Specified Executives. If Executive is considered a “"specified employee” " (as defined under Section 409A) and payment of any amounts under this Agreement is required to be delayed for a period of six (6) months after separation from service pursuant to Section 409A, payment of such amounts shall be delayed as required by Section 409A, and the accumulated postponed amounts shall be paid in a lump-sum payment within five (5) days after the end of the six (6) month period. If Executive dies during the postponement period prior to the payment of benefits, the amounts postponed on account of Section 409A shall be paid to the personal representative of Executive’s 's estate within thirty (30) days after the date of Executive’s 's death.

Required Postponement for Specified Executives. If Executive is considered a “specified employee” (as defined under Section 409A) and payment of any amounts under this Agreement is required to be delayed for a period of six (6) months after separation from service pursuant to Section 409A, payment of such amounts shall be delayed as required by Section 409A, and the accumulated postponed amounts amounts, shall be paid in a lump-sum payment within five (5) days after the end of the six (6) month period. If Executive dies during the postponement period prior to the payment of benefits, the amounts postponed on account of Section 409A 409A, shall be paid to the personal representative of Executive’s estate within thirty sixty (3060) days after the date of Executive’s death.

Required Postponement for Specified Executives. If the Executive is considered a “specified employee” (as defined under Section 409A) Specified Executive and payment of any amounts under this Agreement is required to be delayed for a period of six (6) months after a separation from service pursuant to Section 409A409A of the Code, payment of such amounts shall be delayed as required by Section 409A409A of the Code, and the accumulated postponed amounts shall be paid in a lump-lump sum payment within five (5) days after the end of the six (6) month period. If the Executive dies during the postponement period prior to the payment of benefitssuch amounts, the amounts postponed on account of Section 409A of the Code shall be paid to the personal representative of Executive’s estate Beneficiary within thirty sixty (3060) days after the date of the Executive’s death.

Required Postponement for Specified Executives. If Executive is considered a “"specified employee” " (as defined under Section 409A) and payment of any amounts under this Agreement is required to be delayed for a period of six (6) months after separation from service pursuant to Section 409A, payment of such amounts shall be delayed as required by Section 409A, and the accumulated postponed amounts shall be paid in a lump-sum payment within five (5) days after the end of the six (6) month period. If Executive dies during the postponement period prior to the payment of benefits, the amounts postponed on account of Section 409A shall be paid to the personal representative of Executive’s 's estate within thirty sixty (3060) days after the date of Executive’s 's death.. EAST\172290509.4

Required Postponement for Specified Executives. If Executive is considered a “specified employee” Specified Executive (as defined under Section 409A) and payment of any amounts under this Agreement is required to be delayed for a period of six (6) months after separation from service pursuant to Section 409A409A of the Code, payment of such amounts shall be delayed as required by Section 409A409A of the Code, and the accumulated postponed amounts amounts, shall be paid in a lump-lump sum payment within five (5) days after the end of the six (6) six-month period. If Executive dies during the postponement period prior to the payment of benefits, the amounts postponed on account of Section 409A of the Code, shall be paid to the personal representative of Executive’s 's estate within thirty sixty (3060) days after the date of Executive’s 's death.