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Common use of 409A Clause in Contracts

409A. The payments and benefits under this Agreement are intended to be exempt from Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations and guidance promulgated thereunder (collectively “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be exempt from Section 409A.

Appears in 8 contracts

Samples: Key Employee Retention Bonus Agreement, Performance Bonus Agreement (Gulfmark Offshore Inc), Performance Bonus Agreement (Gulfmark Offshore Inc)

409A. The parties to this Agreement intend that all payments and benefits under this Agreement are intended to be exempt from Section or comply with section 409A of the Internal Revenue Code of 1986, as amended, and the regulations and guidance promulgated thereunder (collectively “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be exempt from Section 409A..

Appears in 4 contracts

Samples: Retirement Agreement (Cousins Properties Inc), Retirement and Consulting Agreement (Cousins Properties Inc), Retirement and Consulting Agreement (Cousins Properties Inc)

409A. The payments and benefits under this Agreement are intended to be exempt from Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations and guidance promulgated thereunder (collectively “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be exempt from Section 409A. Notwithstanding the foregoing, the Company makes no representation with respect to compliance with Section 409A and shall not be liable to you for any taxes or penalties under Section 409A.

Appears in 4 contracts

Samples: Retention Agreement (DITECH HOLDING Corp), Retention Bonus Agreement (Walter Investment Management Corp), Retention Bonus Agreement (Walter Investment Management Corp)

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