Common use of Definitions and Assumptions Clause in Contracts

Definitions and Assumptions. For purposes of this Agreement: (i) the terms “excess parachute payment” and “parachute payments” shall have the meanings assigned to them in Section 280G of the Code and such “parachute

Appears in 2 contracts

Sources: Employment Agreement (Electriq Power Holdings, Inc.), Employment Agreement (Electriq Power Holdings, Inc.)

Definitions and Assumptions. For purposes of this Agreement: (i) the terms “excess parachute payment” and “parachute payments” shall have the meanings assigned to them in Section 280G of the Code Code, and such “parachuteparachute payments” shall be valued as provided therein; (ii) present value shall be calculated in accordance with

Appears in 1 contract

Sources: Employment Agreement (C&J Energy Services Ltd.)

Definitions and Assumptions. For purposes of this Agreement: (i) the terms “excess parachute payment” and “parachute payments” shall have the meanings assigned to them in Section 280G of the Code and such “parachutemeanings

Appears in 1 contract

Sources: Employment Agreement (C&J Energy Services Ltd.)

Definitions and Assumptions. For purposes of this Agreement: (i) the terms “excess parachute payment” and “parachute payments” shall have the meanings assigned to them in Section 280G of the Code Code, and such “parachuteparachute payments” shall be

Appears in 1 contract

Sources: Employment Agreement (Nabors Red Lion LTD)