Section 409A of the Code definition
Examples of Section 409A of the Code in a sentence
It is intended that the Severance Benefits and the Change of Control Payment (if applicable) set forth in this Agreement satisfy, to the greatest extent possible, the exemptions from the application of Section 409A of the Code provided under Treasury Regulations 1.409A-1(b)(4), 1.409A-1(b)(5) and 1.409A-1(b)(9).
Any Dividend Equivalents payable under the Plan and this Award Agreement shall be treated as separate payments from the underlying PSUs for purposes of Section 409A of the Code and any regulations or guidance that may be adopted thereunder from time to time (“Section 409A”).
The PSUs are intended to be exempt from, or compliant with, Section 409A of the Code.
Any Dividend Equivalents payable under the Plan and this Award Agreement shall be treated as separate payments from the underlying RSUs for purposes of Section 409A of the Code and any regulations or guidance that may be adopted thereunder from time to time (“Section 409A”).
The RSUs are intended to be exempt from, or compliant with, Section 409A of the Code.