Common use of Deferred Compensation Arrangements Clause in Contracts

Deferred Compensation Arrangements. To the extent the Executive is, at the time of his termination of employment under this Agreement, participating in one or more deferred compensation arrangements subject to Code Section 409A, the payments and benefits provided under those arrangements shall continue to be governed by, and to become due and payable in accordance with, the specific terms and conditions of those arrangements, and nothing in this Agreement shall be deemed to modify or alter those terms and conditions.

Deferred Compensation Arrangements. To Notwithstanding any provision to the contrary in this Restated Agreement, to the extent the Executive is, at the time of his termination of employment under this AgreementSeparation from Service, participating in one or more deferred compensation arrangements subject to Code Section 409A, the payments and benefits provided under those arrangements shall continue to be governed by, and to become due and payable in accordance with, the specific terms and conditions of those arrangements, and nothing in this Restated Agreement shall be deemed to modify or alter those terms and conditions.