Common use of Definitional Restrictions Clause in Contracts

Definitional Restrictions. Notwithstanding anything in this Agreement to the contrary, no payment that is due upon Employee’s termination of employment shall be made unless and until Employee has incurred a “separation from service,” as defined under Treas. Reg. Section 1.409A-1(h).

Appears in 16 contracts

Sources: Employment Agreement (Emerald Oil, Inc.), Employment Agreement (Emerald Oil, Inc.), Employment Agreement (Emerald Oil, Inc.)

Definitional Restrictions. Notwithstanding anything in this Agreement to the contrary, no payment that is due upon Employee’s termination of employment shall be made unless and until Employee has incurred a “separation from service,” as defined under Treas. Reg. Section §1.409A-1(h).

Appears in 6 contracts

Sources: Employment Agreement (Us Energy Corp), Employment Agreement (Us Energy Corp), Employment Agreement (Us Energy Corp)