Common use of Exemption from Section 409A Clause in Contracts

Exemption from Section 409A. The Agreement and transactions under this Agreement are intended to be structured in accordance with applicable laws, rules and regulations including, but not limited to, the short-term deferral exemption under Section 409A of the Internal Revenue Code and any applicable regulations thereunder.

Appears in 6 contracts

Samples: Severance Compensation Agreement (Fentura Financial Inc), Severance Compensation Agreement (Fentura Financial Inc), Severance Compensation Agreement (Fentura Financial Inc)

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