Common use of Section 162(m) Clause in Contracts

Section 162(m). The PSU Award is a Qualified Performance Award under the Plan intended to qualify as qualified performance-based compensation under Section 162(m) of the Code.

Appears in 3 contracts

Sources: Performance Share Unit Award Agreement (LyondellBasell Industries N.V.), Performance Share Unit Award Agreement (LyondellBasell Industries N.V.), Performance Share Unit Award Agreement (LyondellBasell Industries N.V.)