Section 162(m) of the Code definition

Section 162(m) of the Code means the exception for performance-based compensation under Section 162(m) of the Code and any applicable treasury regulations thereunder.

Section 162(m) of the Code means Section 162(m) of the Code and any Treasury regulations thereunder.

Section 162(m) of the Code means the exception for

Examples of Section 162(m) of the Code in a sentence

• Such Performance Goals may incorporate, if and only to the extent permitted under Section 162(m) of the Code, provisions for disregarding (or adjusting for) changes in accounting methods, corporate transactions (including, without limitation, dispositions and acquisitions) and other similar type events or circumstances.

• For all Awards intended to qualify as Performance-Based Compensation, such determinations shall be made within the time prescribed by, and otherwise in compliance with, Section 162(m) of the Code.

• For purposes of qualifying grants of Restricted Stock as “performance-based compensation” under Section 162(m) of the Code, the Administrator, in its discretion, may set restrictions based upon the achievement of Performance Goals.

• With respect to each Performance-Based Award granted to a Covered Employee, the Administrator shall select, within the first 90 days of a Performance Cycle (or, if shorter, within the maximum period allowed under Section 162(m) of the Code) the Performance Criteria for such grant, and the Performance Goals with respect to each Performance Criterion (including a threshold level of performance below which no amount will become payable with respect to such Award).

• To the extent that the Administrator determines it to be desirable to qualify Awards granted hereunder as “performance-based compensation” within the meaning of Section 162(m) of the Code, the Plan will be administered by a Committee of two (2) or more “outside directors” within the meaning of Section 162(m) of the Code.

More Definitions of Section 162(m) of the Code

Section 162(m) of the Code means Section 162(m) of the Code, as amended from time to time, and the applicable rules and regulations promulgated thereunder.

Section 162(m) of the Code means the exception for performance-based compensation under Section 162(m) of the Code.

Section 162(m) of the Code means Section 162(m) of the Code as in effect prior to January 1, 2018.

Section 162(m) of the Code means Section 162(m) of the Code.

Section 162(m) of the Code means the rules applicable under Section 162(m) of the Code.

Section 162(m) of the Code means Section 162(m) of the Code and any applicable treasury regulations and other official guidance thereunder.

Section 162(m) of the Code means that section of the Code as in effect immediately prior to the effective date of the Tax Cuts and Jobs Act (Pub.L. 115-97) (2017).