Common use of Code Section 409A Clause in Contracts

Code Section 409A. (i) The intent of the parties is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 18 contracts

Samples: Employment Agreement (Teladoc Health, Inc.), Executive Severance Agreement (Care.com Inc), Executive Severance Agreement (Care.com Inc)

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Code Section 409A. (ia) The intent of the parties is that the payments and benefits under this Agreement comply with with, or be exempt from from, Internal Revenue Code Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, collectively Code Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.. In no event whatsoever shall the Company be liable for any additional tax, interest or penalty that may be imposed on you by Code Section 409A or any damages for failing to comply with Code Section 409A.

Appears in 13 contracts

Samples: Avalo Therapeutics, Inc., Cerecor Inc., Cerecor Inc.

Code Section 409A. (i) The intent of the parties Parties is that the payments and benefits under this Agreement comply with or 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 in compliance therewith.

Appears in 9 contracts

Samples: Executive Restrictive Covenant and Severance Agreement (Axalta Coating Systems Ltd.), Separation Agreement and Release (Axalta Coating Systems Ltd.), Executive Severance Agreement (Wesco Aircraft Holdings, Inc)

Code Section 409A. (i) The intent of the parties is that the payments and benefits under this Agreement comply with or be exempt from Code Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 8 contracts

Samples: Restricted Stock Unit Award Agreement (GCM Grosvenor Inc.), Incentive Award Plan Restricted Stock (GCM Grosvenor Inc.), Notice and Restricted Stock Unit Agreement (GCM Grosvenor Inc.)

Code Section 409A. (i) The intent of the parties is that the payments and benefits under this Agreement comply with or 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 in compliance therewith.

Appears in 4 contracts

Samples: Transition and Separation Agreement (Desktop Metal, Inc.), Transition and Separation Agreement (ATAI Life Sciences N.V.), Transition and Separation Agreement (Precision Biosciences Inc)

Code Section 409A. (i) The intent of the parties Parties is that the payments and benefits under this the Agreement comply with or be exempt from Section 409A of the Code and the regulations and guidance promulgated thereunder (collectivelyexcept to the extent exempt as short-term deferrals or otherwise), “Section 409A”) and, and accordingly, to the maximum extent permitted, this the Agreement shall be interpreted to be in compliance therewith.

Appears in 3 contracts

Samples: Employment Agreement (Citizens Inc), Employment Agreement (Citizens Inc), Employment Agreement (Citizens Inc)

Code Section 409A. (ia) The intent of the parties is that the payments and benefits under this Agreement comply with with, or be exempt from from, Code Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, collectively Code Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 2 contracts

Samples: Employment Agreement (Westinghouse Air Brake Technologies Corp), Employment Agreement (Westinghouse Air Brake Technologies Corp)

Code Section 409A. (i) The intent of the parties hereto is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 2 contracts

Samples: Executive Severance Agreement (KLDiscovery Inc.), Executive Severance Agreement (KLDiscovery Inc.)

Code Section 409A. (i) The intent of the parties is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of the Code Code, and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 2 contracts

Samples: Separation Agreement and Mutual Release (Nogin, Inc.), Severance and Change in Control Agreement (Allison Transmission Holdings Inc)

Code Section 409A. (ia) The intent of the parties is that the payments and benefits under this Agreement comply with with, or be exempt from from, Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, collectively “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 2 contracts

Samples: Consulting Agreement (Littelfuse Inc /De), Consulting Agreement (Littelfuse Inc /De)

Code Section 409A. (i) The intent of the parties is that the payments and benefits under this Agreement comply with or be are exempt from Code Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.with or exempt from Code Section 409A; provided, however, that in no event shall the Company be liable for any additional tax, interest or penalty that may be imposed on Employee by Code Section 409A.

Appears in 2 contracts

Samples: Employment Agreement (Power Solutions International, Inc.), Employment Agreement (Power Solutions International, Inc.)

Code Section 409A. (ia) The intent of the parties is that the payments and benefits under this Agreement comply with with, or be exempt from from, Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, collectively Code Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 2 contracts

Samples: Services and Covenant Agreement (Provident New York Bancorp), Services and Covenant Agreement (Provident New York Bancorp)

Code Section 409A. (ia) The intent of the parties is that the payments and benefits under this Agreement comply with or be exempt from Code Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith., provided, however that in no event whatsoever shall the Company be liable for any additional tax, interest or penalty that may be imposed on Executive by Code Section 409A.

Appears in 2 contracts

Samples: Employment Agreement (Roundy's Parent Company, Inc.), Employment Agreement (Roundy's Parent Company, Inc.)

Code Section 409A. (i) The intent of the parties Parties is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 2 contracts

Samples: Executive Change in Control Severance Agreement (K12 Inc), Executive Change in Control Severance Agreement (K12 Inc)

Code Section 409A. (i) The intent of the parties is that the payments and benefits under this Agreement comply with with, or be exempt from from, Internal Revenue Code Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewiththerewith or exempt therefrom.

Appears in 1 contract

Samples: Voluntary Retirement and Consulting Agreement (Orion Energy Systems, Inc.)

Code Section 409A. (ia) The intent of the parties is that the payments and benefits under this Agreement comply with with, or be exempt from from, Internal Revenue Code Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, Code Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall will be interpreted to be in compliance therewith.

Appears in 1 contract

Samples: Orion Office REIT Inc.

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Code Section 409A. (i) The intent of the parties is that the payments and benefits under this Agreement and Release comply with with, or be exempt from from, Internal Revenue Code Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement and Release shall be interpreted to be in compliance therewiththerewith or exempt therefrom.

Appears in 1 contract

Samples: Mutual Retirement and Severance Agreement (Orion Energy Systems, Inc.)

Code Section 409A. (i) The intent of the parties is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of the Code 409A, and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewithaccordance with this intent.

Appears in 1 contract

Samples: Change in Control Agreement (MeiraGTx Holdings PLC)

Code Section 409A. (i) The intent of the parties patties is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, "Section 409A") and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 1 contract

Samples: Executive Severance Agreement (Teladoc Health, Inc.)

Code Section 409A. (i) The intent of the parties is that the payments and benefits under this Agreement shall comply with or be exempt from Internal Revenue Code Section 409A of the Code and the regulations and applicable guidance promulgated thereunder (collectively, collectively Code Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance accordance therewith.

Appears in 1 contract

Samples: Consulting Agreement (Atlantic Power Corp)

Code Section 409A. (i) The intent of the parties Parties is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 1 contract

Samples: Executive Severance Agreement (Philadelphia Energy Solutions Inc.)

Code Section 409A. (i) i. The intent of the parties is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewithcomply with this intent.

Appears in 1 contract

Samples: Executive Severance Agreement (Radius Health, Inc.)

Code Section 409A. (ia) The intent of the parties is that the payments and benefits under this Agreement comply with with, or be exempt from from, Code Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewith.

Appears in 1 contract

Samples: Severance Agreement (Westinghouse Air Brake Technologies Corp)

Code Section 409A. (i) The intent of the parties is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of the Code and the regulations and guidance promulgated thereunder (collectively, “Section 409A”) and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted to be in compliance therewithcomply with this intent.

Appears in 1 contract

Samples: Executive Severance Agreement (Radius Health, Inc.)

Code Section 409A. (i) The intent of the parties Parties is that the payments and benefits under this Agreement comply with or be exempt from Section 409A of the Code and the regulations and guidance promulgated thereunder (collectivelyexcept to the extent exempt as short-term deferrals or otherwise), “Section 409A”) and, and accordingly, to the maximum extent permitted, this the Agreement shall be interpreted to be in compliance therewith.

Appears in 1 contract

Samples: Executive Employment Agreement (Citizens, Inc.)

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