Common use of Installment Payments Clause in Contracts

Installment Payments. For purposes of Code section 409A, the right to a series of payments under this Agreement shall be treated as a right to a series of separate payments so that each payment hereunder is designated as a separate payment for purposes of Code section 409A.

Appears in 7 contracts

Samples: Executive Employment Agreement (Patriot National, Inc.), Executive Employment Agreement (Patriot National, Inc.), Executive Employment Agreement (Patriot National, Inc.)

AutoNDA by SimpleDocs

Installment Payments. For purposes of Code section Section 409A, the right to a series of installment payments under this Agreement shall be treated as a right to a series of separate payments so that each payment hereunder is designated as a separate payment for purposes of Code section 409A.payments.

Appears in 3 contracts

Samples: Transition Agreement (Gp Strategies Corp), Employment Agreement (Gp Strategies Corp), Employment Agreement (Gp Strategies Corp)

AutoNDA by SimpleDocs

Installment Payments. For purposes of Code section 409ASection 409A of the Code, the right to a series of installment payments under this Agreement shall be treated as a right to a series of separate payments so that each payment hereunder is designated as a separate payment for purposes of Code section 409A.payments.

Appears in 3 contracts

Samples: Change in Control Agreement, Change in Control Agreement (Hain Celestial Group Inc), Change in Control Agreement (Hain Celestial Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!