Common use of Tax Implications of Termination Payments Clause in Contracts

Tax Implications of Termination Payments. Subject to this Section 8, any payments or benefits under Section 6 shall begin only upon the date of a “separation from service” as defined under Section 409A of the U.S. Internal Revenue Code of 1986, as amended, and the guidance issued thereunder (“Section 409A”), which occurs on or after the date of termination under Section 6. The following rules shall apply with respect to distribution of the payments and benefits, if any, to be provided to you under Section 6:

Appears in 5 contracts

Samples: Sonus Networks Inc, Sonus Networks Inc, Sonus Networks Inc

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Tax Implications of Termination Payments. Subject to this Section 88(f), any payments or benefits required to be provided under Section 6 shall begin 8 will be provided only upon the date of a “separation from service” with the Company as defined under Section 409A of the U.S. Internal Revenue Code of 1986, as amended, and the guidance issued thereunder (“Section 409A”), which occurs on or after the date of termination under this Section 68. The following rules shall will apply with respect to distribution of the payments and benefits, if any, to be provided to you under Section 68:

Appears in 3 contracts

Samples: Sonus Networks Inc, Sonus Networks Inc, Sonus Networks Inc

Tax Implications of Termination Payments. Subject to this Section 87(e), any payments or benefits required to be provided under Section 6 shall begin 7 will be provided only upon the date of a “separation from service” with the Company as defined under Section 409A of the U.S. Internal Revenue Code of 1986, as amended, and the guidance issued thereunder (“Section 409A”), which occurs on or after the date of termination under this Section 67. The following rules shall will apply with respect to distribution of the payments and benefits, if any, to be provided to you under Section 67:

Appears in 1 contract

Samples: Sonus Networks Inc

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Tax Implications of Termination Payments. Subject to this Section 88(f), any payments or benefits required to be provided under Section 6 shall begin 8 will be provided only upon the date of a “separation from service” with the Company as defined under Section 409A of the U.S. Internal Revenue Code of 1986, as amended, and the guidance issued thereunder (“Section 409A”), which occurs on or after the date of termination under Section 6. The following rules shall apply with respect to distribution of the payments and benefits, if any, to be provided to you under Section 6:this

Appears in 1 contract

Samples: Sonus Networks Inc

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