Common use of 409A Savings Clause Clause in Contracts

409A Savings Clause. All amounts payable hereunder are intended to comply with the requirements of Section 409A, and this Agreement shall be interpreted accordingly.

Appears in 14 contracts

Sources: Restricted Stock Unit Agreement (Civitas Resources, Inc.), Performance Stock Unit Agreement (Civitas Resources, Inc.), Restricted Stock Unit Agreement (Civitas Resources, Inc.)

409A Savings Clause. All amounts payable hereunder are intended to comply with the requirements of Code Section 409A, and this Agreement shall be interpreted accordingly.

Appears in 3 contracts

Sources: Performance Stock Unit Agreement (Bonanza Creek Energy, Inc.), Performance Share Agreement (Bonanza Creek Energy, Inc.), Performance Share Agreement (Bonanza Creek Energy, Inc.)

409A Savings Clause. All amounts payable hereunder are intended to comply with the requirements of Section 409Athe Non-Qualified Deferred Compensation Rules, and this Agreement shall be interpreted accordingly.

Appears in 1 contract

Sources: Performance Stock Unit Agreement (Civitas Resources, Inc.)