Common use of Separate Severance Payments Clause in Contracts

Separate Severance Payments. If payable, the Severance Payments under Section 3.5 and the salary continuation payments under Section 3.3 shall be deemed to be separate payments for purposes of Section 409A as follows:

Appears in 4 contracts

Samples: Employment Agreement (IPC the Hospitalist Company, Inc.), Employment Agreement (IPC the Hospitalist Company, Inc.), Employment Agreement (IPC the Hospitalist Company, Inc.)

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Separate Severance Payments. If payable, the The Severance Payments under Section 3.5 and the salary continuation payments under Section 3.3 3.4 shall be deemed to be separate payments for purposes of Section 409A as follows:

Appears in 3 contracts

Samples: Employment Agreement (IPC the Hospitalist Company, Inc.), Employment Agreement (IPC the Hospitalist Company, Inc.), Employment Agreement (IPC the Hospitalist Company, Inc.)

Separate Severance Payments. If payable, payments in the nature of salary continuation payable under Section 3.3 shall be deemed to be separate payments from the payments in the nature of salary continuation under Section 3.4, to the maximum extent permissible under Section 409A. The Severance Payments under Section 3.5 3.4 and the salary continuation payments under Section 3.3 shall further be deemed to be separate payments for purposes of Section 409A as follows:

Appears in 3 contracts

Samples: Employment Agreement (IPC the Hospitalist Company, Inc.), Employment Agreement (IPC the Hospitalist Company, Inc.), Employment Agreement (IPC the Hospitalist Company, Inc.)

Separate Severance Payments. If payable, payments in the nature of salary continuation payable under Section 3.3 shall be deemed to be separate payments from the payments in the nature of salary continuation payable under Section 3.5, to the maximum extent permissible under Section 409A. The Severance Payments under Section 3.5 and the salary continuation payments under Section 3.3 shall further be deemed to be separate payments for purposes of Section 409A as follows:

Appears in 1 contract

Samples: Employment Agreement (IPC the Hospitalist Company, Inc.)

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Separate Severance Payments. If payable, payments in the nature of salary continuation payable under Section 3.3 shall be deemed to be separate payments from the payments in the nature of salary continuation under Section 3.5, to the maximum extent permissible under Section 409A. The Severance Payments under Section 3.5 and the salary continuation payments under Section 3.3 shall further be deemed to be separate payments for purposes of Section 409A as follows:

Appears in 1 contract

Samples: Employment Agreement (IPC the Hospitalist Company, Inc.)

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