Law Changes. To the extent that any payment under this Agreement is deemed to be deferred compensation subject to the requirements of section 409A of the Code, this Agreement shall be administered so that such payments will be made in accordance with the requirements of section 409A of the Code.
Appears in 9 contracts
Samples: Employment Agreement (New Frontier Media Inc), Employment Agreement (New Frontier Media Inc), Employment Agreement (New Frontier Media Inc)
Law Changes. To the extent that any payment under this Agreement is deemed to be deferred compensation subject to the requirements of section 409A of the Code, the Company and the Executive shall amend this Agreement shall be administered so that such payments will be made in accordance with the requirements of section 409A of the Code.
Appears in 8 contracts
Samples: Employment Agreement (Barrier Therapeutics Inc), Employment Agreement (Barrier Therapeutics Inc), Employment Agreement (Barrier Therapeutics Inc)
Law Changes. To the extent that any payment under this Agreement is deemed to be deferred compensation subject to the requirements of section Section 409A of the Internal Revenue Code, the Company and the Employee shall amend this Agreement shall be administered so that such payments will be made in accordance with the requirements of section Section 409A of the Internal Revenue Code.
Appears in 1 contract
Samples: Employment Agreement (Ict Group Inc)
Law Changes. To the extent that any payment under this Agreement is deemed to be deferred compensation subject to the requirements of section 409A of the Internal Revenue Code, this the Agreement shall be administered so that such the payments will be made in accordance with the requirements of section 409A of the Codesuch requirements.
Appears in 1 contract