No Compensation Deferral. Neither the Plan nor this Agreement is intended to provide for an elective deferral of compensation that would be subject to Section 409A ("Section 409A") of the U.S. Internal Revenue Code of 1986, as amended. The Company reserves the right, to the extent the Company deems necessary or advisable in its sole discretion, to unilaterally amend or modify the Plan and/or this Agreement to ensure that no awards (including without limitation, the RSUs) become subject to the requirements of Section 409A.
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (MKS Instruments Inc), Performance Based Restricted Stock Unit Agreement (MKS Instruments Inc), Time Based Restricted Stock Unit Agreement (MKS Instruments Inc)
No Compensation Deferral. Neither the Plan nor this Agreement is intended to provide for an elective deferral of compensation that would be subject to Section 409A ("“Section 409A"”) of the U.S. Internal Revenue Code of 1986, as amended. The Company reserves the right, to the extent the Company deems necessary or advisable in its sole discretion, to unilaterally amend or modify the Plan and/or this Agreement to ensure that no awards (including without limitation, the RSUs) become subject to the requirements of Section 409A.
Appears in 3 contracts
Samples: Restricted Stock Unit Agreement (MKS Instruments Inc), Restricted Stock Unit Agreement (MKS Instruments Inc), Restricted Stock Unit Agreement (MKS Instruments Inc)
No Compensation Deferral. Neither the Plan nor this Award Agreement is intended to provide for an elective any deferral of compensation that would be subject to Section 409A ("“Section 409A"”) of the U.S. Internal Revenue Code of 1986, as amended. The Company reserves the right, to the extent the Company deems necessary or advisable in its sole discretion, to unilaterally amend or modify the Plan and/or this Award Agreement to ensure that no all awards (including including, without limitation, the RSUs) become subject to are either exempt from or compliant with the requirements of Section 409A.
Appears in 3 contracts
Samples: Director Restricted Stock Unit Award Agreement (Kadant Inc), Restricted Stock Unit Award Agreement (Kadant Inc), Restricted Stock Unit Award Agreement (Kadant Inc)
No Compensation Deferral. Neither the Plan nor this Award Agreement is intended to provide for an elective any deferral of compensation that would be subject to Section 409A ("“Section 409A"”) of the U.S. Internal Revenue Code of 1986, as amended. The Company reserves the right, to the extent the Company deems necessary or advisable in its sole discretion, to unilaterally amend or modify the Plan and/or this Award Agreement to ensure that no all awards (including including, without limitation, the RSUs) become subject to are either exempt from or complaint with the requirements of Section 409A.
Appears in 2 contracts
Samples: Performance Based Restricted Stock Unit Award Agreement (Kadant Inc), Performance Based Restricted Stock Unit Award Agreement (Kadant Inc)
No Compensation Deferral. Neither the Plan nor this Agreement is intended to provide for an elective deferral of compensation that would be subject to Section 409A ("Section 409A409A ") of the U.S. Internal Revenue Code of 1986, as amended. The Company reserves the right, to the extent the Company deems necessary or advisable in its sole discretion, to unilaterally amend or modify the Plan and/or this Agreement to ensure that no awards (including without limitation, the RSUs) become subject to the requirements of Section 409A.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (MKS Instruments Inc)
No Compensation Deferral. Neither the Plan nor this Agreement is intended to provide for an elective deferral of compensation that would be subject to Section 409A ("“Section 409A"“) of the U.S. Internal Revenue Code of 1986, as amended. The Company reserves the right, to the extent the Company deems necessary or advisable in its sole discretion, to unilaterally amend or modify the Plan and/or this Agreement to ensure that no awards (including without limitation, the RSUs) become subject to the requirements of Section 409A.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (MKS Instruments Inc)
No Compensation Deferral. Neither the Plan nor this Award Agreement is intended to provide for an elective any deferral of compensation that would be subject to Section 409A ("Section 409A") of the U.S. Internal Revenue Code of 1986, as amended. The Company reserves the right, to the extent the Company deems necessary or advisable in its sole discretion, to unilaterally amend or modify the Plan and/or this Award Agreement to ensure that no all awards (including including, without limitation, the RSUs) become subject to are either exempt from or complaint with the requirements of Section 409A.
Appears in 1 contract
Samples: Performance Based Restricted Stock Unit Award Agreement (Kadant Inc)
No Compensation Deferral. Neither the Plan nor this Award Agreement is intended to provide for an elective any deferral of compensation that would be subject to Section 409A ("“Section 409A"”) of the U.S. Internal Revenue Code of 1986, as amended. The Notwithstanding the provisions of Section 12 (i), the Company reserves the right, to the extent the Company deems necessary or advisable in its sole discretion, to unilaterally amend or modify the Plan and/or this Award Agreement to ensure that no all awards (including including, without limitation, the RSUs) become subject to are either exempt from or compliant with the requirements of Section 409A.
Appears in 1 contract
No Compensation Deferral. Neither the Plan nor this Award Agreement is intended to provide for an elective any deferral of compensation that would be subject to Section 409A ("Section 409A") of the U.S. Internal Revenue Code of 1986, as amended. The Notwithstanding the provisions of Section 12 (i), the Company reserves the right, to the extent the Company deems necessary or advisable in its sole discretion, to unilaterally amend or modify the Plan and/or this Award Agreement to ensure that no all awards (including including, without limitation, the RSUs) become subject to are either exempt from or compliant with the requirements of Section 409A.
Appears in 1 contract
