Common use of No Acceleration Clause in Contracts

No Acceleration. The timing of payments and benefits under the Agreement may not be accelerated to occur before the time specified for payment hereunder, except to the extent permitted under Treasury Regulation § 1.409A-3(j)(4) or as otherwise permitted under Code Section 409A without Employee incurring a tax penalty.

Appears in 16 contracts

Samples: Share Purchase Agreement (Magellan Health Inc), Employment Agreement (IPC the Hospitalist Company, Inc.), Employment Agreement (IPC the Hospitalist Company, Inc.)

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No Acceleration. The timing of payments and benefits under the Agreement may not be accelerated to occur before the time specified for payment hereunder, except to the extent permitted under Treasury Regulation § 1.409A-3(j)(4) or as otherwise permitted under Code Section 409A without Employee Executive incurring a tax penalty.

Appears in 14 contracts

Samples: Employment Agreement (Miller Energy Resources, Inc.), Employment Agreement (Miller Energy Resources, Inc.), Employment Agreement (Miller Energy Resources, Inc.)

No Acceleration. The timing of payments and benefits under the Agreement which constitute a deferral of compensation under Code Section 409A may not be accelerated to occur before the time specified for payment hereunder, except to the extent permitted under Treasury Regulation § 1.409A-3(j)(4) or as otherwise permitted under Code Section 409A without Employee incurring a tax penalty.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Magellan Health Inc), Restricted Stock Unit Agreement (Magellan Health Inc), Restricted Stock Unit Agreement (Magellan Health Inc)

No Acceleration. The timing of payments and benefits under the Agreement may not be accelerated to occur before the time specified for payment hereunder, except to the extent permitted under Treasury Regulation § 1.409A-3(j)(4) or as otherwise permitted under Code Section 409A without Employee Executive incurring a tax penalty.

Appears in 6 contracts

Samples: Employment Agreement (Healthcare Integrated Technologies Inc.), Employment Agreement (Healthcare Integrated Technologies Inc.), Employment Agreement (Healthcare Integrated Technologies Inc.)

No Acceleration. The timing of payments and benefits under the this Agreement which constitute a deferral of compensation under Code Section 409A may not be accelerated to occur before the time specified for payment hereunder, except to the extent permitted under Treasury Regulation § 1.409A-3(j)(4) or as otherwise permitted under Code Section 409A without Employee your incurring a tax penalty.

Appears in 4 contracts

Samples: Personal and Confidential (Information Services Group Inc.), Change in Control Agreement (Information Services Group Inc.), Control Agreement (Information Services Group Inc.)

No Acceleration. The timing of payments and benefits under the Agreement may not be accelerated to occur before the time specified for payment hereunder, except to the extent permitted under Treasury Regulation § 1.409A-3(j)(4) or as otherwise permitted under Code Section 409A without Employee you incurring a tax penalty.

Appears in 4 contracts

Samples: Control Agreement (Mead Johnson Nutrition Co), Change (Mead Johnson Nutrition Co), Control Agreement (Mead Johnson Nutrition Co)

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No Acceleration. The timing of payments and benefits under the Agreement may not be accelerated to occur before the time specified for payment hereunder, except to the extent permitted under Treasury Regulation § 1.409A-3(j)(4) or as otherwise permitted under Code Section 409A without Employee incurring a tax penalty.

Appears in 1 contract

Samples: Employment Agreement (Magellan Health Inc)

No Acceleration. The timing of payments and benefits under the Agreement may not be accelerated to occur before the time specified for payment hereunder, except to the extent permitted under Treasury Regulation § 1.409A-3(j)(4l.409A-3(j)(4) or as otherwise permitted under Code Section 409A without Employee you incurring a tax penalty.

Appears in 1 contract

Samples: Change in Control Agreement (Bristol Myers Squibb Co)

No Acceleration. The timing of payments and benefits under the this Agreement which constitute a deferral of compensation under Code Section 409A may not be accelerated to occur before the time specified for payment hereunder, except to the extent permitted under Treasury Regulation § 1.409A-3(j)(4) or as otherwise permitted under Code Section 409A without Employee Executive incurring a tax penalty.

Appears in 1 contract

Samples: Employment Agreement (Information Services Group Inc.)

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