Installments as Separate Payment Sample Clauses
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Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment. 5019523.2:210412:00700 WITNESS THE DUE EXECUTION AND DELIVERY HEREOF on the date first above written. By: _______________________________ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: CEO and President __________________________________ ▇▇▇▇▇ ▇ (JD) ▇▇▇▇▇ 5019523.2:210412:00700 Position President, ▇▇▇▇▇▇ Technologies Officer to whom Executive Directly Reports Chief Executive Officer Annual Base Salary $270,000.00 One-Time Award 65,000 Restricted Shares granted at the beginning of April 2023 with a two-year vesting period Relocation Bonus $20,000 upon relocation to North Dallas Annual Cash Bonus 50% of Base Salary at Target in accordance with Executive Compensation Plan, can be a range of 20% to 70% based on achieving a range of 80% to 125% of Budget. Prorated in first year of employment. Long Term Incentive Plan Bonus 50% of Base Salary at Target paid in Restricted Shares in accordance with Executive Compensation Plan, can be a range of 20% to 70% based on achieving a range of 80% to 125% of Budget. Long Term Incentive Plan shares have a three-year vesting period PTO 4 weeks per year Car Allowance $1,000.00 per month Cell Phone Allowance $150.00 per month Severance Payment 6 Months of Base Salary at the time of Termination, plus the Executive’s Prorated Bonus, if eligible Executive’s Notice Address ______________ ______________ 5019523.2:210412:00700 This Confidential Severance and Release Agreement (the “Agreement”) is made and entered into by and between ▇▇▇▇▇ ▇▇▇▇▇ (“Executive”) and ADDvantage Technologies Group (“Company”). As used in this Agreement, “Company” shall mean Company and its parents, partners, direct and indirect subsidiaries, predecessors, assigns and affiliates.
Installments as Separate Payment. For purposes of Section 409A, Executive’s right to receive any installment payments pursuant to this Agreement shall be treated as a right to receive a series of separate and distinct payments.
Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment.
Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment. WITNESS THE DUE EXECUTION AND DELIVERY HEREOF on the date first above written. By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇
Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment. 5019523.3:210412.00700 5019523.3:210412.00700 WITNESS THE DUE EXECUTION AND DELIVERY HEREOF on the date first above written. By: _______________________________ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: CEO and President __________________________________ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ 5019523.3:210412.00700 HE Draft 08/30/2010 5019523.3:210412.00700
Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A of the Code, each installment shall be treated as a separate payment. SIGNED for and on behalf ofWILLIS GROUP HOLDINGS PUBLIC LIMITED COMPANY by: ______________________________ Name: Title: I accept the grant of the Restricted Share Units ("RSUs") under the ▇▇▇▇▇▇ Group Holdings Public Limited Company 2012 Equity Incentive Plan, as amended from time to time, and I agree to be bound by the terms and conditions of the Restricted Share Units Award Agreement dated March 31, 2014 and any country-specific terms set forth in Schedule B, thereto. Once completed, please return one copy of this form to: General Counsel ▇▇▇▇▇▇ Group Holdings Public Limited Company c/▇ ▇▇▇▇▇▇ North America, Inc. One World Financial Center New York, NY 10281 U.S.A. This Schedule B includes additional terms and conditions that govern the Restricted Share Unit Award granted to the Executive under the Plan and the Agreement if the Executive resides in one of the countries listed below. This Schedule B forms part of the Agreement. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement or the Plan.
Installments as Separate Payment. If under this Agreement, an amount is paid in two or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment. Very truly yours, /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Chairman of the Board of Directors of Health Management Associates, Inc. Accepted and Agreed: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ 11/5/2013 Date signed This Updated Release Agreement (this “Updated Release”) is hereby entered into between Health Management Associates, Inc. (the “Company”) and ▇▇▇▇ ▇▇▇▇▇▇▇▇ (“Executive”). The Company and Executive are hereinafter referred to as the “Parties.”