Separation from Service under Section 409A. Notwithstanding the foregoing, the Executive will not be entitled to the benefits provided in Section 4 on account of a Date of Termination unless the Executive has incurred a “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).
Appears in 3 contracts
Samples: Employment Agreement (Eagle Bulk Shipping Inc.), Employment Agreement (Eagle Bulk Shipping Inc.), Employment Agreement (Eagle Bulk Shipping Inc.)
Separation from Service under Section 409A. Notwithstanding the foregoing, the Executive will not be entitled to the benefits provided in Section Sections 4 or 5 on account of a Date termination of Termination employment unless the Executive has incurred a “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).
Appears in 3 contracts
Samples: Employment Agreement (Freescale Semiconductor Holdings I, Ltd.), Employment Agreement (Freescale Semiconductor Holdings I, Ltd.), Employment Agreement (Freescale Semiconductor Holdings I, Ltd.)
Separation from Service under Section 409A. Notwithstanding the foregoing, the Executive will not be entitled to the benefits provided in Section Sections 4 or 5 on account of a Date of Termination unless the Executive has incurred a “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).
Appears in 1 contract
