Anti-Acceleration. The Company shall not accelerate the time over which payments shall be made to the Executive; provided, however, the Company, in its discretion, may accelerate payments under the Plan in accordance with each of the payment events contained in Treasury Regulation section 1.409A-3(j)(4)(ii) through (xiv).
Appears in 3 contracts
Samples: Supplemental Retirement Agreement (Hampton Roads Bankshares Inc), Supplemental Retirement Agreement (Hampton Roads Bankshares Inc), Supplemental Retirement Agreement (Hampton Roads Bankshares Inc)
Anti-Acceleration. The Company Corporation shall not accelerate the time over which payments shall be made to the Executive; provided, however, the CompanyCorporation, in its discretion, may accelerate payments under the Plan this Agreement in accordance with each of the payment events contained in Treasury Regulation section 1.409A-3(j)(4)(ii) through (xiv).
Appears in 1 contract
Samples: Supplemental Retirement Agreement (Hampton Roads Bankshares Inc)
