No Deferral Features. To the extent necessary to comply with Code Section 409A, the SAR Agreement shall not include any features allowing the Participant to defer recognition of income past the date of exercise.
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Samples: 2006 Long Term Incentive Plan (Mastercard Inc), Sar Agreement, 2006 Long Term Incentive Plan (Mastercard Inc)
No Deferral Features. To the extent necessary to comply with Code Section section 409A, the SAR Agreement shall not include any features allowing the Participant to defer recognition of income past the date of exercise.
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