Common use of Installments as Separate Payments Clause in Contracts

Installments as Separate Payments. If under this Agreement, an amount is paid in two (2) or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment.

Appears in 8 contracts

Sources: Employment Agreement (UniTek Global Services, Inc.), Employment Agreement (UniTek Global Services, Inc.), Employment Agreement (UniTek Global Services, Inc.)

Installments as Separate Payments. If If, under this Agreement, an amount is paid in two (2) or more installments, for purposes of Section 409A, each installment shall be treated as a separate payment.

Appears in 3 contracts

Sources: Separation Agreement (Hertz Corp), Separation Agreement (Hertz Corp), Separation Agreement (Hertz Corp)