Special Section 409A Rules. It is intended that any amounts payable under this Award Agreement shall either be exempt from or comply with section 409A of the Code. The provisions of this Award shall be construed and interpreted in accordance with section 409A of the Code. Notwithstanding any other provision of this Award Agreement to the contrary, if any payment or benefit hereunder is subject to section 409A of the Code, and if such payment or benefit is to be paid or provided on account of the Participant’s termination of employment (or other separation from service):
Appears in 20 contracts
Samples: Performance Share Unit Award Agreement (Tenneco Inc), Performance Share Unit Award Agreement (Tenneco Inc), Performance Share Unit Award Agreement (Tenneco Inc)
Special Section 409A Rules. It is intended that any amounts payable under this Award Agreement shall either be exempt from or comply with section 409A of the Code. The provisions of this Award shall be construed and interpreted in accordance with section 409A of the Code. Notwithstanding any other provision of this Award Agreement to the contrary, if any payment or benefit hereunder is subject to section 409A of the Code, and if such payment or benefit is to be paid or provided on account of the ParticipantExecutive’s termination of employment (or other separation from service):
Appears in 4 contracts
Samples: Restricted Stock Unit Inducement Grant Award Agreement (Tenneco Inc), Restricted Stock Unit Inducement Grant Award Agreement (Tenneco Inc), Restricted Stock Unit Inducement Grant Award Agreement (Tenneco Inc)
Special Section 409A Rules. It is intended that any amounts payable under this Award Agreement shall either be exempt from or comply with section 409A of the Code. The provisions of this Award shall be construed and interpreted in accordance with section 409A of the Code. Notwithstanding any other provision of this Award Agreement to the contrary, if any payment or benefit AMECURRENT 741326349.3 6-May-21 16:39 hereunder is subject to section 409A of the Code, and if such payment or benefit is to be paid or provided on account of the Participant’s termination of employment (or other separation from service):
Appears in 1 contract
Samples: Performance Share Unit Award Agreement (Tenneco Inc)