Reduced Amount. “Reduced Amount” means the largest amount of Parachute Payments that is less than the total Parachute Payments and that may be paid to the Executive without subjecting the Executive to tax under Code section 4999.
Appears in 14 contracts
Samples: Change in Control Severance Agreement (Centerspace), Change in Control Severance Agreement (Centerspace), Severance Agreement (Tredegar Corp)
