Common use of Series of Payments Clause in Contracts

Series of Payments. For purposes of the application of Treas. Reg. § 1.409A-1(b)(4) (or any successor provision), each payment in a series of payments to Executive will be deemed a separate payment.

Appears in 3 contracts

Samples: Employment Agreement (Heritage Global Inc.), Employment Agreement (Heritage Global Inc.), Employment Agreement (Heritage Global Inc.)

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Series of Payments. For purposes of the application of Treas. Reg. § 1.409A-1(b)(4Reg.§ 1.409A-l(b)(4) (or any successor provision), each payment in a series of payments to Executive will be deemed a separate payment.

Appears in 1 contract

Samples: Employment Agreement (Heritage Global Inc.)

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Series of Payments. For purposes of the application of Treas. Reg. § §1.409A-1(b)(4) (or any successor provision), each payment in a series of payments to Executive will be deemed a separate payment.

Appears in 1 contract

Samples: Employment Agreement (Heritage Global Inc.)

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