Distributions on Account of Separation from Service. To the extent required to comply with Code Section 409A, any payment or benefit required to be paid under this Agreement on account of termination of the Employee’s service (or any other similar term) shall be made only in connection with a “separation from service” with respect to the Employee within the meaning of Code Section 409A.
Appears in 11 contracts
Samples: Executive Employment Agreement (Geo Group Inc), Senior Officer Employment Agreement (Geo Group Inc), Senior Officer Employment Agreement (Geo Group Inc)
Distributions on Account of Separation from Service. To the extent required to comply with Code Section 409A, any payment or benefit required to be paid under this Agreement on account of termination of the Employee’s Executive's service (or any other similar term) shall be made only in connection with a “"separation from service” " with respect to the Employee Executive within the meaning of Code Section 409A.
Appears in 3 contracts
Samples: Executive Employment Agreement (Magicjack Vocaltec LTD), Executive Employment Agreement (Magicjack Vocaltec LTD), Executive Employment Agreement (Magicjack Vocaltec LTD)
Distributions on Account of Separation from Service. To the extent required to comply with Code Section 409A, any payment or benefit required to be paid under this Agreement on account of termination of the Employee’s 's service (or any other similar term) shall be made only in connection with a “"separation from service” " with respect to the Employee within the meaning of Code Section 409A.
Appears in 1 contract
Samples: Senior Officer Employment Agreement (Geo Group Inc)