Common use of Amounts Payable On Account of Termination Clause in Contracts

Amounts Payable On Account of Termination. To the extent necessary to comply with Section 409A, for the purposes of determining when amounts subject to Section 409A that are payable upon Executive’s termination of employment under this Agreement will be paid, “termination of employment” or words of similar import, as used in this Agreement, shall be construed as the date that Executive first incurs a “separation from service” within the meaning of Section 409A.

Appears in 4 contracts

Samples: Employment Agreement (BrightSphere Investment Group Inc.), Employment Agreement (BrightSphere Investment Group PLC), Employment Agreement (BrightSphere Investment Group PLC)

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Amounts Payable On Account of Termination. To If and to the extent necessary to comply with Section 409A, for the purposes of determining when amounts subject to Section 409A that are otherwise payable upon on account of the Executive’s termination of employment under this Agreement will be paid, “termination of employmentterminate”, “terminated” or “termination” or words of similar importimport relating to the Executive’s employment with the Company, as used in this Agreement, shall be construed as the date that the Executive first incurs a “separation from service,” within the meaning of Section 409A.409A, from the Company.

Appears in 4 contracts

Samples: Employment Agreement (First Watch Restaurant Group, Inc.), Employment Agreement (First Watch Restaurant Group, Inc.), Employment Agreement (First Watch Restaurant Group, Inc.)

Amounts Payable On Account of Termination. To If and to the extent necessary to comply with Section 409A, for the purposes of determining when amounts subject to Section 409A that are otherwise payable upon on account of Executive’s termination of employment under this Agreement will be paid, “termination of employmentterminate”, “terminated” or “termination” or words of similar importimport relating to Executive’s employment with the Company, as used in this Agreement, shall be construed as the date that Executive first incurs a “separation from service” within the meaning of Section 409A.409A from the Company.

Appears in 3 contracts

Samples: Employment Agreement (Boot Barn Holdings, Inc.), Employment Agreement (Boot Barn Holdings, Inc.), Employment Agreement (Boot Barn Holdings, Inc.)

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Amounts Payable On Account of Termination. To the extent necessary to comply with Section 409A, for the purposes of determining when amounts subject to Section 409A that are payable upon Executive’s termination of employment under this Agreement will be paid, “termination of employment” or words of similar import, as used in this Agreement, shall be construed as the date that Executive first incurs a “separation from service” within the meaning of Section 409A.409A from the Company.

Appears in 1 contract

Samples: Employment Agreement (OM Asset Management LTD)

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