Compensation Subject to IRC Section 409A. If, and to the extent, any portion of the severance compensation payable hereunder exceeds the amount immediately payable upon separation from service under Internal Revenue Code Section 409A(a)(2) and regulations thereunder (such compensation, “Excess 409A(a)(2) Compensation”), then no portion of the Excess 409A(a)
Appears in 11 contracts
Samples: Employment Agreement (Derma Sciences, Inc.), Employment Agreement (Derma Sciences, Inc.), Employment Agreement (Derma Sciences, Inc.)