Specified Employee Requirements. Notwithstanding anything to the contrary, payments made under this Agreement shall be delayed so that no payments are made during the first six (6) months following Termination of Employment, if such delay is required by the Specified Employee requirements of Code Section 409A.
Appears in 4 contracts
Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp)
Specified Employee Requirements. Notwithstanding anything to the contrary, payments made under this Agreement shall be delayed so that no payments are made during the first six (6) months following Termination of Employment, if such delay is required by the Specified Employee requirements of Code Section section 409A.
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp)
Specified Employee Requirements. Notwithstanding anything to the contrary, payments made under this Agreement on account of Retirement, Early Retirement, Death or Involuntary Termination shall be delayed so that no payments are made during the first six (6) months following Termination of Employment, if such delay is required by the Specified Employee requirements of Code Section section 409A.
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp)
Specified Employee Requirements. Notwithstanding anything to the contrary, benefit payments made under this Agreement shall be delayed so that no payments are made during the first six (6) months following Termination termination of Employmentemployment, if such delay is required by the Specified Employee requirements of Code Section section 409A.
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp)
