Excise Tax Provision. Section 5.14 of the SERP, relating to the excise tax imposed by Section 4999 of the Internal revenue code of 1986, as amended, is hereby deleted in its entirety. ************************************************************** The terms of the SERP not hereby amended shall be and remain in full force and effect and are not affected by this Amendment.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement (Union Planters Corp), Supplemental Executive Retirement Agreement (Regions Financial Corp)
Excise Tax Provision. Section 5.14 of the SERP, relating to the excise tax imposed by Section 4999 of the Internal revenue code Revenue Code of 1986, as amended, is hereby deleted in its entirety. ************************************************************** The terms of the SERP not hereby amended shall be and remain in full force and effect and are not affected by this Amendment.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement (Union Planters Corp), Supplemental Executive Retirement Agreement (Regions Financial Corp)
Excise Tax Provision. Section 5.14 of the SERP, relating relative to the excise tax imposed by Section 4999 of the Internal revenue code Revenue Code of 1986, as amended, is hereby deleted in its entirety. ************************************************************** The terms of the SERP not hereby amended shall be and remain in full force and effect and are not affected by this Amendment.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Union Planters Corp)
