Common use of Separate Payments Clause in Contracts

Separate Payments. For purposes of Section 409A of the Code, each payment or amount due under this Agreement shall be considered a separate payment, and Executive’s entitlement to a series of payments under this Agreement is to be treated as an entitlement to a series of separate payments.

Separate Payments. For purposes of Section 409A of the Code, each payment or amount due under this Agreement shall be considered a separate payment, and ExecutiveEmployee’s entitlement to a series of payments under this Agreement Plan is to be treated as an entitlement to a series of separate payments.

Separate Payments. For purposes of Section 409A of the Code, each payment or amount due under this Agreement shall be considered a separate payment, and ExecutiveEmployee’s entitlement to a series of payments under this Agreement is to be treated as an entitlement to a series of separate payments. Any installment payments provided under this agreement shall be treated as a series of separate payments and to the maximum extent, each separate amount provided for under the Employment Agreement shall be a separately identifiable and determinable amount.