Common use of Application of Section 409A Clause in Contracts

Application of Section 409A. To the extent of any compliance issues or ambiguous terms, this Agreement shall be construed in such a manner so as to comply with the requirements of Section 409A of the Code, and the rules set forth in this Section 25.1 shall apply with respect to any payments that may be subject to Section 409A of the Code notwithstanding any other provision of this Agreement.

Appears in 5 contracts

Sources: Employment Agreement (Team Health Holdings Inc.), Employment Agreement (Team Health Holdings Inc.), Employment Agreement (Team Health Holdings Inc.)

Application of Section 409A. To the extent of any compliance issues or ambiguous terms, this Agreement shall be construed in such a manner so as to comply with the requirements of Section section 409A of the Code, and the rules set forth in this Section 25.1 9 shall apply with respect to any payments (but only such payments) that may be subject to Section section 409A of the Code notwithstanding any other provision of this Agreement.

Appears in 4 contracts

Sources: Employment Agreement (Heritage Global Inc.), Employment Agreement (Heritage Global Inc.), Employment Agreement (Counsel RB Capital Inc.)

Application of Section 409A. To the extent of any compliance issues or ambiguous terms, this Agreement shall be construed in such a manner so as to comply with the requirements of Section 409A of the Code409A, and the rules set forth in this Section 25.1 17 shall apply with respect to any payments (but only such payments) that may be are subject to Section 409A of the Code notwithstanding any other provision of this Agreement.

Appears in 2 contracts

Sources: Employment Agreement (National Health Investors Inc), Employment Agreement (National Health Investors Inc)

Application of Section 409A. To the extent of any compliance issues or ambiguous terms, this Agreement shall be construed in such a manner so as to comply with the requirements of Section 409A of the Code, and the rules set forth in this Section 25.1 25 shall apply with respect to any payments that may be subject to Section 409A of the Code notwithstanding any other provision of this Agreement.

Appears in 1 contract

Sources: Employment Agreement (Team Health Holdings Inc.)