Compliance with Code Section 409A. This Agreement is intended to comply with the requirements of Section 409A of the Code and shall be construed and interpreted in accordance therewith in order to avoid the imposition of additional tax thereunder.
Appears in 16 contracts
Samples: Termination Protection Agreement (Thomas & Betts Corp), Termination Protection Agreement (Thomas & Betts Corp), Termination Protection Agreement (Thomas & Betts Corp)
Compliance with Code Section 409A. This Agreement is intended to comply with the requirements of Section 409A of the Code and and, as a result, this Agreement shall be construed construed, interpreted and interpreted operated in accordance therewith in order to avoid a manner that will ensure such compliance. Without limiting the imposition scope of additional tax thereunder.the preceding provisions of this Section 22, the following provisions shall apply:
Appears in 9 contracts
Samples: Severance Agreement (Lufkin Industries Inc), Severance Agreement (Lufkin Industries Inc), Severance Agreement (Lufkin Industries Inc)
Compliance with Code Section 409A. This Agreement is intended to comply with the requirements of Internal Revenue Code Section 409A 409A, or any applicable exemptions from Code Section 409A, as the case may be. Despite any contrary provision of the Code and shall be construed and interpreted in accordance therewith in order to avoid the imposition of additional tax thereunder.this Agreement:
Appears in 7 contracts
Samples: Executive Employment Agreement (Atlantic Power Corp), Executive Employment Agreement (Atlantic Power Corp), Executive Employment Agreement (Atlantic Power Corp)
Compliance with Code Section 409A. This Agreement is intended to comply with the requirements of Section 409A of the Code and and, as a result, this Agreement shall be construed construed, interpreted and interpreted operated in accordance therewith in order to avoid a manner that will ensure such compliance. Without limiting the imposition scope of additional tax thereunder.the preceding provisions of this Section 23, the following provisions shall apply:
Appears in 3 contracts
Samples: Employment Agreement (Lufkin Industries Inc), Employment Agreement (Lufkin Industries Inc), Employment Agreement (Lufkin Industries Inc)
Compliance with Code Section 409A. (a) This Agreement is intended shall be construed, interpreted, and administered in a manner so that the benefits, payments, and reimbursements under this Agreement or the plans, policies, or programs referred to comply with in this Agreement that are nonqualified deferred compensation under Code Section 409A will satisfy the requirements of Code Section 409A of the Code and shall be construed and interpreted will not result in accordance therewith in order to avoid the imposition of additional tax thereunder.under Code Section 409A.
Appears in 3 contracts
Samples: Hudson Global Executive Employment Agreement (Hudson Global, Inc.), Hudson Global Executive Employment Agreement (Hudson Global, Inc.), Hudson Global Executive Employment Agreement (Hudson Global, Inc.)
Compliance with Code Section 409A. (a) This Agreement is intended shall be construed, interpreted, and administered in a manner so that the benefits, payments and reimbursements under this Agreement or the plans, policies, or programs referred to comply with in this Agreement that are nonqualified deferred compensation under Code Section 409A will satisfy the requirements of Code Section 409A of the Code and shall be construed and interpreted will not result in accordance therewith in order to avoid the imposition of additional tax thereunder.under Code Section 409A.
Appears in 3 contracts
Samples: Executive Employment Agreement (Hudson Global, Inc.), Employment Agreement, Hudson Global Executive Employment Agreement (Hudson Global, Inc.)
Compliance with Code Section 409A. This Agreement is intended to comply with the requirements of with, or be exempt from, Section 409A of the Code and shall be construed and interpreted administered in accordance therewith in order to avoid with Section 409A of the imposition of additional tax thereunderCode.
Appears in 1 contract
Samples: Executive Retention Bonus and Severance Agreement (Wausau Paper Corp.)
Compliance with Code Section 409A. This Notwithstanding anything to the contrary contained herein, this Agreement is intended to comply be in full compliance with the requirements of of, and thereby avoid any tax arising pursuant to, Section 409A of the Code and Code. Accordingly, all provisions herein, or incorporated by reference, shall be construed and interpreted in accordance therewith in order to avoid the imposition of additional tax thereundera manner consistent with such intent.
Appears in 1 contract