Common use of No Impermissible Acceleration or Deferral Clause in Contracts

No Impermissible Acceleration or Deferral. Neither the Executive nor the Company shall take any action to accelerate or delay the payment of any monies and/or provision of any benefits that are subject to Section 409A of the Code in any matter which would not be in compliance with Section 409A of the Code.

Appears in 6 contracts

Samples: Employment Agreement (Trustmark Corp), Employment Agreement (Trustmark Corp), Employment Agreement (StellarOne CORP)

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