Common use of Installments as Separate Payment Clause in Contracts

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

Appears in 1 contract

Sources: Executive Employment Agreement (Addvantage Technologies Group Inc)

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 5019523.2:210412:00700 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 5019523.3:210412.007005019523.2:210412:00700

Appears in 1 contract

Sources: Executive Employment Agreement (Addvantage Technologies Group Inc)