Interpretation and amendment. This Agreement is intended to comply with Section 409A and ambiguous provisions, if any, shall be construed in a manner that is compliant with or exempt from the application of Section 409A, as appropriate. This Agreement shall not be amended in a manner that would cause the Agreement or any amounts payable under the Agreement to fail to comply with the requirements of Section 409A, to the extent applicable, and, further, the provisions of any purported amendment that may reasonably be expected to result in such non-compliance shall be of no force or effect with respect to the Agreement.
Appears in 6 contracts
Samples: Employment Agreement (Superior Energy Services Inc), Executive Chairman Agreement (Superior Energy Services Inc), Employment Agreement (Superior Energy Services Inc)
Interpretation and amendment. This Agreement is intended to comply with Section 409A and ambiguous provisions, if any, shall be construed in a manner that is compliant with or exempt from the application of Section 409A, as appropriate. This Agreement shall not be amended in a manner that would cause the Agreement or any amounts payable under the Agreement to fail to comply with the requirements of Section 409A, to the extent applicable, and, further, the provisions of any purported {EMPLOY~1.1} amendment that may reasonably be expected to result in such non-compliance shall be of no force or effect with respect to the Agreement.
Appears in 1 contract
Samples: Employment Agreement (Superior Energy Services Inc)
Interpretation and amendment. This Agreement is intended to comply with Section 409A and ambiguous provisions, if any, shall be construed in a manner that is compliant with or exempt from the application of Section 409A, as appropriate. This Agreement shall not be amended in a manner that would cause the Agreement or any amounts payable under the Agreement to fail to comply with the requirements of Section 409A, to the extent applicable, and, further, the provisions of any purported amendment that may reasonably be expected to result in such non-compliance shall be of no force or effect with respect to the Agreement.. {S0009881.1}
Appears in 1 contract
Samples: Employment Agreement (Superior Energy Services Inc)