Common use of No Acceleration of Payments Clause in Contracts

No Acceleration of Payments. Neither Employer nor Employee, individually or in combination, may accelerate any payment or benefit that is subject to Section 409A, except in compliance with Section 409A and the provisions of this Agreement, and no amount shall be paid prior to the earliest date on which it may be paid without violating Section 409A.

Appears in 18 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

AutoNDA by SimpleDocs

No Acceleration of Payments. Neither the Employer nor Employeethe Executive, individually or in combination, may accelerate any payment or benefit that is subject to Section 409A, except in compliance with Section 409A and the provisions of this Agreementagreement, and no amount that is subject to Section 409A shall be paid prior to the earliest date on which it may be paid without violating Section 409A.

Appears in 5 contracts

Samples: Employment Agreement (Function (X) Inc.), Employment Agreement (Function (X) Inc.), Employment Agreement (Viggle Inc.)

No Acceleration of Payments. Neither Employer nor Employee, individually or in combination, may accelerate any payment or benefit that is subject to Section 409A, except in compliance with Section 409A and the provisions of this Agreement, and no amount that is subject to Section 409A shall be paid prior to the earliest date on which it may be paid without violating Section 409A.409A. Xxxxxx Xxxxxx Employment Agreement 9

Appears in 1 contract

Samples: Employment Agreement (Tousa Inc)

No Acceleration of Payments. Neither the Employer nor Employeeyou, individually or in combination, may accelerate any payment or benefit that is subject to Section 409A, except in compliance with Section 409A and the provisions of this Agreement, and no amount that is subject to Section 409A shall be paid prior to the earliest date on which it may be paid without violating Section 409A.

Appears in 1 contract

Samples: Separation and Release Agreement (American River Bankshares)

AutoNDA by SimpleDocs

No Acceleration of Payments. Neither Employer nor Employee, individually or in combination, may accelerate any payment or benefit that is subject to Section 409A, except in compliance with Section 409A and the provisions of this Agreement, and no amount that is subject to Section 409A shall be paid prior to the earliest date on which it may be paid without violating Section 409A.

Appears in 1 contract

Samples: Employment Agreement (Tousa Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.