Common use of Separate Payments Clause in Contracts

Separate Payments. Notwithstanding anything in this Agreement to the contrary, each payment payable hereunder shall be deemed to be a payment in a series of separate payments for purposes of Code Section 409A.

Appears in 12 contracts

Samples: Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.)

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Separate Payments. Notwithstanding anything in this Agreement to the contrary, each payment payable hereunder shall be deemed to be a payment in a series of separate payments for purposes of Code Section 409A.409A. EXECUTION COPY

Appears in 2 contracts

Samples: Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.)

Separate Payments. Notwithstanding anything in Amounts payable under this Agreement to the contrary, each payment payable hereunder shall be deemed to be a payment in a series of separate payments for purposes of Code Section 409A.409A as follows (each clause constituting a separate payment to the extent permitted under Section 409A):

Appears in 2 contracts

Samples: Employment Agreement (Magellan Health Services Inc), Employment Agreement (Magellan Health Services Inc)

Separate Payments. Notwithstanding anything in this Agreement to the contrary, each payment payable hereunder shall be deemed to be a payment in a series of separate payments for purposes of Code Section 409A.409A. (iii)

Appears in 2 contracts

Samples: Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.)

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Separate Payments. Notwithstanding anything in Each payment under this Agreement to the contrary, each payment payable hereunder shall be deemed is intended to be a payment in “separate payment” and not of a series of separate payments for purposes of Code Section 409A.409A of the Code.

Appears in 1 contract

Samples: Restricted Stock Agreement (Immucor Inc)

Separate Payments. Notwithstanding anything in Each payment under this Agreement to the contrary, each payment payable hereunder shall be deemed to be considered a payment in “separate payment” and not one of a series of separate payments for purposes of Code Section 409A.

Appears in 1 contract

Samples: Letter Agreement (Emulex Corp /De/)

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