Acceleration Prohibited. The acceleration of the time or schedule of any payment due under this Agreement is prohibited except as provided in regulations and administrative guidance promulgated under Section 409A of the Code.
Appears in 2 contracts
Samples: Executive Supplemental Retirement Agreement (Lamson & Sessions Co), Executive Supplemental Retirement Agreement (Lamson & Sessions Co)
Acceleration Prohibited. The Except as expressly provided under this Agreement and under Treasury Regulations promulgated under Code Section 409A, the acceleration of the time or schedule of any payment due under this Agreement is prohibited except as provided in regulations and administrative guidance promulgated under Section 409A of the Codeprohibited.
Appears in 2 contracts
Samples: Supplemental Retirement Agreement (NBT Bancorp Inc), Supplemental Retirement Agreement (Alliance Financial Corp /Ny/)
