Six Month Waiting Period. Notwithstanding anything to the contrary, to the extent that any payments under this Agreement are subject to a six-month waiting period under Section 409A, any such payments that would be payable before the expiration of six months following the Executive’s separation from service but for the operation of this sentence shall be made during the seventh month following the Executive’s separation from service.
Appears in 7 contracts
Samples: Employment Agreement (Ultralife Corp), Employment Agreement (Ultralife Corp), Employment Agreement (Ultralife Corp)
Six Month Waiting Period. Notwithstanding anything to the contrary, to the extent that any payments under this Agreement are subject to a six-month waiting period under Section 409A, any such payments that would be payable before the expiration of six months following the ExecutiveEmployee’s separation from service but for the operation of this sentence shall be made during the seventh month following the ExecutiveEmployee’s separation from service.
Appears in 3 contracts
Samples: Agreement for Severance Upon Change in Control (Transcat Inc), Agreement for Severance Upon Change in Control (Transcat Inc), Agreement for Severance Upon Change in Control (Transcat Inc)
Six Month Waiting Period. Notwithstanding anything to the contrary, to the extent that any payments under this Agreement are subject to a six-month (6) waiting period under Code Section 409A, any such payments that would be payable before the expiration of six months following the Executive’s separation from service but for the operation of this sentence shall be made during the seventh (7th) month following the Executive’s separation from service.
Appears in 2 contracts
Samples: Employment Agreement (WES Consulting, Inc.), Employment Agreement (WES Consulting, Inc.)
