Section 409A Change in Control. The portion of any payment or benefit which constitutes Section 409A deferred compensation and which would otherwise be payable in a lump sum pursuant to Section 3.2 upon a Change in Control that does not qualify as a Section 409A Change in Control shall be paid based upon the time and form of payment set forth in Section 3.2, and with respect to other awards or programs in accordance with the plan or other documents governing such award.
Appears in 3 contracts
Sources: Executive Severance and Change in Control Plan (Embecta Corp.), Executive Severance and Change in Control Plan (Embecta Corp.), Executive Severance and Change in Control Plan (Cantel Medical Corp)