DELAY IN CERTAIN PAYMENTS AS REQUIRED BY SECTION 409A. Notwithstanding any other provision of this Agreement, to the extent required by applicable law, if the Retirement Benefit is being paid upon Separation from Service (other than upon Disability or death), payment of such benefit shall be made six (6) months after the date of Separation from Service in order to comply with Section 409A of the Code, and interest shall be added to such payment pursuant to Section 2.9.
Appears in 6 contracts
Samples: Benjamin Franklin Bancorp, Inc., Benjamin Franklin Bancorp, Inc., Supplemental Executive Retirement Agreement (Benjamin Franklin Bancorp, Inc.)
