Common use of Section 409A of the Code Clause in Contracts

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.

Appears in 277 contracts

Sources: Performance Stock Unit Award Agreement (SoFi Technologies, Inc.), Performance Stock Unit Award Agreement (SoFi Technologies, Inc.), Performance Stock Unit Agreement (DiamondRock Hospitality Co)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section section 409A of the Code.

Appears in 7 contracts

Sources: Performance Vesting Restricted Stock Unit Agreement (Insulet Corp), Performance Vesting Restricted Stock Unit Agreement (Insulet Corp), Performance Vesting Restricted Stock Unit Agreement (Insulet Corp)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are shall be exempt from the requirements of Section 409A of the Code as a “short-term deferralsdeferral” as described in Section 409A of the Code.

Appears in 6 contracts

Sources: Restricted Stock Unit Agreement (Ansys Inc), Restricted Stock Unit Agreement (Ansys Inc), Restricted Stock Unit Agreement (Ansys Inc)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.. ​

Appears in 5 contracts

Sources: Restricted Stock Unit Award Agreement (Fennec Pharmaceuticals Inc.), Restricted Stock Unit Award Agreement (Blueprint Medicines Corp), Restricted Stock Unit Award Agreement (Blueprint Medicines Corp)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.409A.

Appears in 5 contracts

Sources: Global Performance Based Restricted Stock Unit Award Agreement (Hubspot Inc), Restricted Stock Unit Award Agreement (Hubspot Inc), Restricted Stock Unit Award Agreement (Beacon Financial Corp)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.. For any settlement in two or more installments hereunder, each such installment shall be treated as a separate payment for purposes of Section 409A.

Appears in 5 contracts

Sources: Restricted Stock Unit Award Agreement (TWFG, Inc.), Restricted Stock Unit Award Agreement (TWFG, Inc.), Restricted Stock Unit Award Agreement (Terran Orbital Corp)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Code Section 409A of the Code as “short-term deferrals” as described in Code Section 409A of the Code.409A.

Appears in 5 contracts

Sources: Performance Stock Unit Agreement (Insulet Corp), Performance Stock Unit Agreement (Insulet Corp), Performance Stock Unit Agreement (Insulet Corp)

Section 409A of the Code. This It is intended that this Agreement shall be interpreted in such a manner that all provisions relating to and any Awards under this Agreement satisfy the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in deferral exclusion from Section 409A of the Code.

Appears in 3 contracts

Sources: Long Term Incentive Award (Reliant Energy Inc), Long Term Incentive Award Agreement (Reliant Energy Inc), Long Term Incentive Award Agreement (Reliant Energy Inc)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are either exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code or compliant with Section 409A of the Code.

Appears in 2 contracts

Sources: Restricted Stock Unit Award Agreement (Biodelivery Sciences International Inc), Restricted Stock Unit Award Agreement (Biodelivery Sciences International Inc)

Section 409A of the Code. This Agreement Award shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.

Appears in 2 contracts

Sources: Award Agreement for Cash Settled Restricted Stock Units (Medical Properties Trust Inc), Restricted Stock Unit Agreement (Agenus Inc)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the this Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.

Appears in 2 contracts

Sources: Performance Stock Unit Award Agreement (Alnylam Pharmaceuticals, Inc.), Performance Stock Unit Award Agreement (Alnylam Pharmaceuticals, Inc.)

Section 409A of the Code. This To the extent applicable to U.S. taxpayers, this Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.

Appears in 2 contracts

Sources: Performance Based Restricted Stock Unit Award Agreement (Deciphera Pharmaceuticals, Inc.), Restricted Stock Unit Award Agreement (Deciphera Pharmaceuticals, Inc.)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code. 8.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Cognex Corp)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.. ACTIVE/80734254.2

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Tpi Composites, Inc)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from or comply with the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.

Appears in 1 contract

Sources: Performance Stock Unit Award Agreement (Alnylam Pharmaceuticals, Inc.)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are either exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code or otherwise comply with the requirements of Section 409A of the Code.

Appears in 1 contract

Sources: Performance Based Restricted Stock Unit Award Agreement (Moderna, Inc.)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the Award, including the vesting and settlement of the Award thereof, are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (XOOM Corp)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.. Version: May 2023

Appears in 1 contract

Sources: Global Restricted Share Unit Award Agreement (BeiGene, Ltd.)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), as “short-term deferrals” as described in Section 409A of the Code. Notwithstanding the foregoing, in no event shall the Company or any of its Subsidiaries be liable for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by the Grantee on account of non-compliance with Section 409A of the Code.

Appears in 1 contract

Sources: Performance Stock Unit Award Agreement (Cullinan Oncology, Inc.)

Section 409A of the Code. This Agreement Award shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code.409A.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Orrstown Financial Services Inc)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are exempt from the requirements of Section 409A of the Code as “short-term deferrals” as described in Section 409A of the Code., or otherwise compliant with Section 409A.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Washington Trust Bancorp Inc)

Section 409A of the Code. This Agreement shall be interpreted in such a manner that all provisions relating to the settlement of the Award are shall be exempt from the requirements of Section 409A of the Code as a “short-term deferralsdeferral” as described in Section 409A of the Code. 12.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Ansys Inc)