Common use of Compliance with Section 162(m) Clause in Contracts

Compliance with Section 162(m). The Committee shall exercise its discretion with respect to this award in all cases so as to preserve the deductibility of payments under the Award against disallowance by reason of Section 162(m) of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Sources: Performance Based Equity Award Agreement (State Street Corp)

Compliance with Section 162(m). The Committee shall exercise its discretion with respect to this award Award in all cases so as to preserve the deductibility of payments under the Award against disallowance by reason of Section 162(m) of the Internal Revenue Code of 1986, as amended (the "β€œCode").

Appears in 1 contract

Sources: Performance Award Agreement (State Street Corp)

Compliance with Section 162(m). The Committee shall exercise its discretion with respect to this award in all cases so as to preserve the deductibility of payments under the Award against disallowance by reason of Section 162(m) of the Internal Revenue Code of 1986, as amended (the "Code").

Appears in 1 contract

Sources: Performance Award Agreement (State Street Corp)