Funding of Rabbi Trust. Upon a Change in Control, the Company (or its successor) shall transfer to an irrevocable rabbi trust (to the extent not prohibited by Code Section 409A) an amount in cash, determined on an undiscounted basis, which will be sufficient to fund the Company’s obligations under Section 9(c).
Appears in 12 contracts
Samples: Executive Employment Agreement (Hudson Global, Inc.), Executive Employment Agreement (Hudson Global, Inc.), Executive Employment Agreement (Hudson Highland Group Inc)
Funding of Rabbi Trust. Upon a Change in Control, the Company (or its successor) shall transfer to an irrevocable rabbi trust (to the extent not prohibited by Code Section 409A) an amount in cash, determined on an undiscounted basis, which will be sufficient to fund the Company’s 's obligations under Section 9(c).
Appears in 2 contracts
Samples: Executive Employment Agreement (Hudson Global, Inc.), Executive Employment Agreement (Hudson Global, Inc.)
Funding of Rabbi Trust. Upon a Change in Control, the Company (or its successor) shall transfer to an irrevocable rabbi trust (to the extent not prohibited by Code Section 409A) an amount in cash, determined on an undiscounted basis, which will be sufficient to fund the Company’s obligations under Section 9(c11(c).
Appears in 1 contract
Samples: Ceo Employment Agreement (Hudson Highland Group Inc)
