Nature of Periodic Payments. The Periodic Payments constitute i. damages (other than punitive damages), whether by suit or agreement, or ii. compensation under a workers’ compensation act, on account of personal injury or sickness in a case involving physical injury or physical sickness, within the meaning of Sections 130(c) and 104(a) of the Code.
Appears in 11 contracts
Samples: Qualified Assignment and Release Agreement, Qualified Assignment and Release Agreement, Qualified Assignment and Release Agreement
Nature of Periodic Payments. The Periodic Payments constitute i. constitute
a. damages (other than punitive damages), whether by suit or agreement, or ii. or
b. compensation under a workers’ compensation act, on account of personal injury or sickness in a case involving physical injury or physical sickness, within the meaning of Sections 130(c) and 104(a) of the Code.
Appears in 1 contract
Samples: Confidential General Release and Settlement Agreement (Malibu Boats, Inc.)
