Designation as Qualified Performance-Based Compensation. The Company may determine that any bonus or equity awards issued under Sections 3(c) or 3(e) of this Agreement (“Awards”) shall be considered “qualified performance-based compensation” under Section 162(m) of the Code. Any Awards shall be administered by the Committee in accordance with this Section 3(f).
Appears in 13 contracts
Samples: Employment Agreement (Volcano Corp), Employment Agreement (Volcano Corp), Agreement (Patient Safety Technologies, Inc)
Designation as Qualified Performance-Based Compensation. The Company may determine that any bonus or equity awards issued under Sections 3(c) or 3(e) of this Agreement (“Awards”) shall be considered “qualified performance-based compensation” under Section 162(m) of the Code. Any In such event, any such Awards shall be administered by the Committee in accordance with this Section 3(f)162(m) of the Code.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (ECPM Holdings, LLC)
