Common use of Application of Internal Revenue Code Section 409A Clause in Contracts

Application of Internal Revenue Code Section 409A. The severance benefits payable under this Agreement are intended to be payable pursuant to the “short-term deferral” rule set forth in Section 1.409A-1(b)(4) of the Treasury Regulations.

Appears in 6 contracts

Samples: Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc), Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc), Severance and Change in Control Agreement (Anadys Pharmaceuticals Inc)

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Application of Internal Revenue Code Section 409A. The severance Severance benefits payable under pursuant to this Agreement are intended to be payable pursuant to the “short-term deferral” rule set forth in Section 1.409A-1(b)(41.409A-l(b)(4) of the Treasury RegulationsRegulations or otherwise exempt from application of Section 409A of the Code.

Appears in 2 contracts

Samples: Employment Agreement (Relypsa Inc), Transition Employment Terms (Relypsa Inc)

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Application of Internal Revenue Code Section 409A. The severance Severance benefits payable under pursuant to this Agreement are intended to be payable pursuant to the “short-term deferral” rule set forth in Section 1.409A-1(b)(4) of the Treasury Regulations.

Appears in 1 contract

Samples: Employment Agreement (Arrowhead Research Corp)

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