Common use of Section 457A of the Code Clause in Contracts

Section 457A of the Code. If the Covered Units would otherwise constitute nonqualified deferred compensation subject to Code section 457A and the date on which the Covered Units are no longer treated as subject to a substantial risk of forfeiture for purposes of Code section 457A occurs prior to the Delivery Date or a Vesting Change in Control, the terms of Exhibit A shall apply.

Appears in 26 contracts

Samples: Restricted Stock Agreement (Assured Guaranty LTD), Performance Based Restricted Share Unit Agreement (Assured Guaranty LTD), Performance Based Restricted Share Unit Agreement (Assured Guaranty LTD)

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Section 457A of the Code. If the Covered Units would otherwise constitute nonqualified deferred compensation subject to Code section 457A and the date on which the Covered Units are no longer treated as subject to a substantial risk of forfeiture for purposes of Code section 457A (“457A Delivery Date”) occurs prior to the Delivery Date or a Vesting Change in Control, then, in addition to the terms of the Agreement and the Plan, the terms of this Exhibit A shall apply.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD), Performance Based Restricted Stock Unit Agreement (Assured Guaranty LTD), Performance Based Restricted Stock Unit Agreement (Assured Guaranty LTD)

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Section 457A of the Code. If the Covered Units would otherwise constitute nonqualified deferred compensation subject to Code section 457A and the date on which the Covered Units are no longer treated as subject to a substantial risk of forfeiture for purposes of Code section 457A (457A Delivery Date) occurs prior to the Delivery Date or a Vesting Change in Control, then, in addition to the terms of the Agreement and the Plan, the terms of this Exhibit A shall apply.

Appears in 2 contracts

Samples: Executive Restricted Stock Unit Agreement (Assured Guaranty LTD), Performance Based Restricted Stock Unit Agreement (Assured Guaranty LTD)

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