Common use of Compliant Operation and Interpretation Clause in Contracts

Compliant Operation and Interpretation. The Plan and this Award Agreement shall be administered in compliance with Section 409A and each provision of the Award Agreement and the Plan shall be interpreted, to the extent possible, to comply with Section 409A.

Appears in 11 contracts

Samples: Restricted Stock Unit Agreement (Pinnacle West Capital Corp), Restricted Stock Unit Agreement (Pinnacle West Capital Corp), Performance Share Agreement (Pinnacle West Capital Corp)

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Compliant Operation and Interpretation. The Plan and this Award Agreement shall be administered in compliance with Section 409A and each provision of the Award Agreement and the Plan shall be interpreted, to the extent possible, to comply with Section 409A.409A or an exception thereto.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Arizona Public Service Co), Restricted Stock Agreement (Arizona Public Service Co)

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