Common use of Installment Payments Clause in Contracts

Installment Payments. For purposes of Code section 409A, the right to a series of payments under this Agreement shall be treated as a right to a series of separate payments so that each payment hereunder is designated as a separate payment for purposes of Code section 409A.

Appears in 7 contracts

Sources: Executive Employment Agreement (Patriot National, Inc.), Executive Employment Agreement (Patriot National, Inc.), Executive Employment Agreement (Patriot National, Inc.)

Installment Payments. For purposes of Code section Section 409A, the right to a series of installment payments under this Agreement shall be treated as a right to a series of separate payments so that each payment hereunder is designated as a separate payment for purposes of Code section 409A.payments.

Appears in 3 contracts

Sources: Transition Agreement (Gp Strategies Corp), Employment Agreement (Gp Strategies Corp), Employment Agreement (Gp Strategies Corp)

Installment Payments. For purposes of Code section 409ASection 409A of the Code, the right to a series of installment payments under this Agreement shall be treated as a right to a series of separate payments so that each payment hereunder is designated as a separate payment for purposes of Code section 409A.payments.

Appears in 3 contracts

Sources: Change in Control Agreement, Change in Control Agreement (Hain Celestial Group Inc), Change in Control Agreement (Hain Celestial Group Inc)