Specified Executive. Pursuant to Code Section 409A, a “Specified Executive means a key employee (as defined in Section 416(i) of the Code without regard to paragraph 5 thereof) of the Corporation if any stock of the Corporation is publicly traded on an established securities market or otherwise.
Appears in 10 contracts
Sources: Employment Agreement (First Community Bankshares Inc /Va/), Employment Agreement (First Community Bankshares Inc /Va/), Employment Agreement (First Community Bankshares Inc /Va/)
Specified Executive. Pursuant to Internal Revenue Code Section 409A, a “"Specified Executive means a key employee (as defined in Section 416(i) of the Code without regard to paragraph 5 thereof) of the Corporation if any stock of the Corporation is publicly traded on an established securities market or otherwise.
Appears in 2 contracts
Sources: Executive Employment Agreement (Parkway Acquisition Corp.), Executive Employment Agreement (Parkway Acquisition Corp.)
Specified Executive. Pursuant to Internal Revenue Code Section 409A, a “Specified Executive Executive” means a key employee (as defined in Section 416(i) of the Code without regard to paragraph 5 thereof) of the Corporation (or its Successor) if any stock of the Corporation (or its Successor) is publicly traded on an established securities market or otherwise.
Appears in 1 contract
Sources: Executive Employment Agreement (Parkway Acquisition Corp.)