Common use of Compliance with Section 409A of the Internal Revenue Code Clause in Contracts

Compliance with Section 409A of the Internal Revenue Code. (a) It is intended that the provisions of this Agreement comply with Section 409A of the U.S. Internal Revenue Code (“Section 409A”) and with the exclusion from Section 409A deferred compensation for so-called short-term deferrals, and all provisions of this Agreement shall be construed and interpreted in a manner consistent with the requirements for avoiding taxes and penalties under Section 409A.

Appears in 5 contracts

Samples: Form of Restricted Stock Unit Agreement (Fluor Corp), Form of Restricted Stock Unit Agreement (Fluor Corp), Form of Restricted Stock Unit Agreement (Fluor Corp)

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Compliance with Section 409A of the Internal Revenue Code. (a) It is intended a. The parties intend that the provisions of payments and benefits under this Agreement shall comply with or be exempt from Section 409A of the U.S. Internal Revenue Code of 1986, as amended, and the regulations and guidance promulgated thereunder (collectively Code Section 409A”) and with and, accordingly, the exclusion from Section 409A deferred compensation for so-called short-term deferrals, and all provisions of this Agreement shall be construed interpreted and interpreted administered in a manner consistent conformity with such intent to the requirements for avoiding taxes and penalties under Section 409A.maximum extent permitted.

Appears in 4 contracts

Samples: Employment Agreement (National Beef Packing Co LLC), Consulting Agreement (National Beef Packing Co LLC), Employment Agreement (National Beef Packing Co LLC)

Compliance with Section 409A of the Internal Revenue Code. (a) It is intended that the provisions of this Agreement comply with Section 409A of the U.S. Internal Revenue Code (“Section 409A”) and with the exclusion from Section 409A deferred compensation for so-called short-term deferrals), and all provisions of this Agreement shall be construed and interpreted in a manner consistent with the requirements for avoiding taxes and or penalties under Section 409A.

Appears in 3 contracts

Samples: Form of Restricted Stock Unit Agreement (Fluor Corp), Form of Restricted Stock Unit Agreement (Fluor Corp), Form of Restricted Stock Unit Agreement (Fluor Corp)

Compliance with Section 409A of the Internal Revenue Code. (a) It is intended that the provisions of this Agreement comply with Section 409A of the U.S. Internal Revenue Code (“Section 409A”) and with the exclusion from Section 409A deferred compensation for so-called short-term deferrals), and all provisions of this Agreement shall will be construed and interpreted in a manner consistent with the requirements for avoiding taxes and or penalties under Section 409A.

Appears in 3 contracts

Samples: Form of Value Driver Incentive Award Agreement (Fluor Corp), Form of Value Driver Incentive Award Agreement (Fluor Corp), Form of Value Driver Incentive Award Agreement (Fluor Corp)

Compliance with Section 409A of the Internal Revenue Code. (a) It is intended that the provisions of this Agreement comply with Section 409A of the U.S. Internal Revenue Code (“Section 409A”) and with the exclusion from Section 409A deferred compensation for so-called short-term deferralsCode, and all provisions of this Agreement shall be construed and interpreted in a manner consistent with the requirements for avoiding taxes and or penalties under Section 409A.

Appears in 1 contract

Samples: Form of Value Driver Incentive Award Agreement (Fluor Corp)

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Compliance with Section 409A of the Internal Revenue Code. (a) It is intended that the provisions of this Agreement comply with Section 409A of the U.S. Internal Revenue Code (“Section 409A”) and with the exclusion from Section 409A deferred compensation for so-called short-term deferrals), and all provisions of this Agreement shall be construed and interpreted in a manner consistent with the requirements for avoiding taxes and penalties under Section 409A.

Appears in 1 contract

Samples: Form of Restricted Stock Unit Agreement (Fluor Corp)

Compliance with Section 409A of the Internal Revenue Code. (a) It is intended that the provisions of this Agreement comply with Section 409A of the U.S. Internal Revenue Code (“Section 409A”) and with the exclusion from Section 409A deferred compensation for so-called short-term deferrals, and all provisions of this Agreement shall be construed and interpreted in a manner consistent with the requirements for avoiding taxes and penalties under Section 409A.

Appears in 1 contract

Samples: Stock Growth Incentive Award Agreement (Fluor Corp)

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