Common use of Limitation on Payments; Section 280G Clause in Contracts

Limitation on Payments; Section 280G. In the event the severance and other benefits provided for in this Agreement or otherwise payable to Executive (i) are “parachute payments” within the meaning of Section 280G of the Code and (ii) but for this Section 6, would be subject to the “golden parachute” excise tax imposed by Section 4999 of the Code, then Executive’s severance benefits will be either:

Limitation on Payments; Section 280G. In the event the severance and other benefits provided for in this Agreement or otherwise payable to Executive (i) are “"parachute payments” " within the meaning of Section 280G of the Internal Revenue Code (the "Code") and (ii) but for this Section 6, would be subject to the “"golden parachute” " excise tax imposed by Section 4999 of the Code, then Executive’s 's severance benefits will be either:

Limitation on Payments; Section 280G. (a) In the event the severance and other benefits provided for in this Agreement or otherwise payable to the Executive (i) are “parachute payments” within the meaning of Section 280G of the Code and (ii) but for this Section 67, would be subject to the “golden parachute” excise tax imposed by Section 4999 of the Code, then the Executive’s severance benefits will be either:

Limitation on Payments; Section 280G. (a) In the event the severance and other benefits provided for in this Agreement or otherwise payable to the Executive (i) are “parachute payments” within the meaning of Section 280G of the Internal Revenue Code (the “Code”) and (ii) but for this Section 67, would be subject to the “golden parachute” excise tax imposed by Section 4999 of the Code, then the Executive’s severance benefits will be either:

Limitation on Payments; Section 280G. (a) In the event the severance and other benefits provided for in this Agreement or otherwise payable to the Executive (i) are “parachute payments” within the meaning of Section 280G of the Internal Revenue Code (the “Code”) and (ii) but for this Section 67, would be subject to the “golden parachute” excise tax imposed by Section 4999 of the Code, then the Executive’s severance benefits will be either:.

Limitation on Payments; Section 280G. In Notwithstanding anything to the contrary in this Agreement, in the event the severance and other benefits provided for in this Agreement or otherwise payable to the Executive (ithe "Payments") (A) are “"parachute payments” " within the meaning of Section 280G of the Code and (iiB) but for this Section 66(j), would be subject to the “golden parachute” excise tax imposed by Section 4999 of the Code, then the Executive’s severance benefits 's Payments will be either:

Limitation on Payments; Section 280G. In Notwithstanding anything to the contrary in this Agreement, in the event the severance and other benefits provided for in this Agreement or otherwise payable to the Executive (ithe “Payments”) (A) are “parachute payments” within the meaning of Section 280G of the Code and (iiB) but for this Section 66(j), would be subject to the “golden parachute” excise tax imposed by Section 4999 of the Code, then the Executive’s severance benefits Payments will be either:

Limitation on Payments; Section 280G. (a) In the event the severance and other benefits provided for in this Agreement or otherwise payable to the Executive (i) are “parachute payments” within the meaning of Section 280G of the Code and (ii) but for this Section 6, would be subject to the “golden parachute” excise tax imposed by Section 4999 of the Code, then the Executive’s severance benefits will be either: