Common use of Payments to Specified Employees Clause in Contracts

Payments to Specified Employees. Notwithstanding any other Section of this Agreement, if the Employee is a Specified Employee at the time of the Employee’s Separation from Service, payments or distribution of property to the Employee provided under this Agreement, to the extent considered amounts deferred under a non-qualified deferred compensation plan (as defined in Code Section 409A) shall be deferred until the six (6) month anniversary of such Separation from Service to the extent required in order to comply with Code Section 409A and Treasury Regulation 1.409A-3(i)(2).

Payments to Specified Employees. Notwithstanding any other Section of this Agreement, if the Employee is a Specified Employee at the time of the Employee’s Separation from Service, payments or distribution of property to the Employee provided under this Agreement, to the extent considered amounts deferred under a non-qualified deferred compensation plan (as defined in Code Section 409A409A of the Code) shall be deferred until the six (6) month anniversary of such Separation from Service to the extent required in order to comply with Code Section 409A of the Code and Treasury Regulation 1.409A-3(i)(2).

Payments to Specified Employees. Notwithstanding any other Section of this Agreement, if the Employee is a Specified Employee at the time of the Employee’s Separation from Service, payments or distribution of property to the Employee provided under this Agreement, to the extent considered amounts deferred under a non-qualified deferred compensation plan (as defined in Code Section 409A409A of the Code) shall be deferred until the six (6) six-month anniversary of such Separation from Service to the extent required in order to comply with Code Section 409A of the Code and Treasury Regulation 1.409A-3(i)(2).

Payments to Specified Employees. Notwithstanding any other Section of this Agreement, if the Employee is a Specified Employee at the time of the Employee’s 's Separation from Service, payments or distribution of property to the Employee provided under this Agreement, to the extent considered amounts deferred under a non-qualified deferred compensation plan (as defined in Code Section 409A409A of the Code) shall be deferred until the six (6) month anniversary of such Separation from Service to the extent required in order to comply with Code Section 409A of the Code and Treasury Regulation 1.409A-3(i)(2).