Common use of Installment Payments Clause in Contracts

Installment Payments. For purposes of Section 409A of the Code and the regulations and other guidance thereunder and any state law of similar effect (including without limitation Treasury Regulations Section 1.409A-2(b)(2)(iii)), all payments made under this Agreement (whether severance payments or otherwise) will be treated as a right to receive a series of separate payments and, accordingly, each installment payment under this Agreement will at all times be considered a separate and distinct payment.

Installment Payments. For purposes of Section 409A of the Code and the regulations and other guidance thereunder and any state law of similar effect (including without limitation Treasury Regulations Section 1.409A-2(b)(2)(iii)), all payments made under this Agreement (whether severance payments or otherwise) will be treated as a right to receive a series of separate payments and, accordingly, each installment payment under this Agreement will at all times be considered a separate and distinct payment.

Installment Payments. For purposes of Section 409A of the Code and the related regulations and other guidance thereunder rulings, and any state law of similar effect import (including without limitation Treasury Regulations Section 1.409A-2(b)(2)(iii)), all any installment payments scheduled to be made under this Agreement (whether severance payments or otherwise) will be treated as a the right to receive a series of separate payments andpayments, accordingly, causing each such installment payment under this Agreement will to at all times be considered a separate and distinct payment.

Installment Payments. For purposes of Section 409A of the Code and the regulations and other guidance thereunder and any state law of similar effect (including without limitation Treasury Regulations Section 1.409A-2(b)(2)(iii)), all payments made under this Employment Agreement (whether severance payments or otherwise) will be treated as a right to receive a series of separate payments and, accordingly, each installment payment under this Employment Agreement will at all times be considered a separate and distinct payment.

Installment Payments. For purposes of Section 409A of the Code and the regulations and other guidance thereunder and any state law of similar effect (including without limitation Treasury Regulations Section 1.409A-2(b)(2)(iii)), all payments made under this Agreement (whether severance payments benefits or otherwise) will be treated as a right to receive a series of separate payments and, accordingly, each installment payment under this Agreement Agreement, if any, will at all times be considered a separate and distinct payment.