Common use of Separate Payments Clause in Contracts

Separate Payments. For purposes of Section 409A, each payment under this Agreement shall be treated as a right to a separate payment and not part of a series of payments.

Appears in 5 contracts

Sources: Employment Agreement (Mifflinburg Bancorp Inc), Executive Employment Agreement (Fulton Financial Corp), Executive Employment Agreement (Fulton Financial Corp)

Separate Payments. For purposes of Section 409A, each Each payment under this Agreement shall be treated as a right to a separate payment and not part for purposes of a series Section 409A of paymentsthe Code.

Appears in 4 contracts

Sources: Employment Agreement (Pattern Energy Group Inc.), Employment Agreement (Pattern Energy Group Inc.), Employment Agreement (Pattern Energy Group Inc.)

Separate Payments. For purposes of Code Section 409A, each payment under this Agreement shall be treated as a right to a separate payment and not part for purposes of a series of payments.Code Section 409A.

Appears in 4 contracts

Sources: Executive Employment Agreement (Patriot National, Inc.), Executive Employment Agreement (Patriot Risk Management, Inc.), Executive Employment Agreement (Patriot Risk Management, Inc.)

Separate Payments. For purposes of Section 409A, each Each payment under this Agreement shall be treated as considered a right to a “separate payment payment” and not part one of a series of payments.payments for purposes of Section 409A.

Appears in 1 contract

Sources: Severance Agreement (Emulex Corp /De/)

Separate Payments. For purposes of Code Section 409A, each payment under this Agreement shall be treated as a right to a separate payment and not part for purposes of a series of paymentsCode Section 409.

Appears in 1 contract

Sources: Executive Employment Agreement (Patriot National, Inc.)

Separate Payments. For purposes of Section 409A, each Each payment under this Agreement shall is intended to be treated as a right to a “separate payment payment” and not part of a series of paymentspayments for purposes of Section 409A of the Code.

Appears in 1 contract

Sources: Employment Agreement (Immucor Inc)

Separate Payments. For purposes of Section 409A, each payment under this Agreement shall be treated as a right to a separate payment and not part of a series of payments.

Appears in 1 contract

Sources: Employment Agreement (Fulton Financial Corp)