Examples of 409A Change in Control in a sentence
All amounts represent the actuarially estimated present value of future benefits, SERP II benefits upon a 409A Change in Control Event are payable in a lump sum.
Participants in SERP II become vested in and eligible for benefits in the event of a 409A Change in Control Event.
The SERP does not provide for vesting upon a 409A Change in Control Event.
Alternatively, the Company may instead provide that the Participant will receive a cash settlement equal to the Fair Market Value of the shares that would otherwise be issued to the Participant upon the Section 409A Change in Control.
Gundermann, Burney, Kramer and Peabody under the Employment Termination Benefits Agreements, SERP and SERP II upon death, disability, involuntary termination, involuntary termination following a Change of Control, occurrence of a 409A Change in Control Event, and terminationfollowing a 409A Change in Control Event.