Common use of Tax Implications of Termination Payments Clause in Contracts

Tax Implications of Termination Payments. Subject to this Section 13, any payments or benefits required to be provided under Section 11 shall be provided only after the date of your “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”). The following rules shall apply with respect to distribution of the payments and benefits, if any, to be provided to you under Section 11:

Appears in 3 contracts

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

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Tax Implications of Termination Payments. Subject to this Section 139, any payments or benefits required to be provided under Section 11 7 shall be provided only after the date of your “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”). The following rules shall apply with respect to distribution of the payments and benefits, if any, to be provided to you under Section 117:

Appears in 2 contracts

Samples: Sonus Networks Inc, Sonus Networks Inc

Tax Implications of Termination Payments. Subject to this Section 139, any payments or benefits required to be provided under Section 11 7 shall be provided only after the date of your “separation from service” 4 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”). The following rules shall apply with respect to distribution of the payments and benefits, if any, to be provided to you under Section 117:

Appears in 1 contract

Samples: Sonus Networks Inc

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Tax Implications of Termination Payments. Subject to this Section 1310, any payments or benefits required to be provided under Section 11 8 shall be provided only after the date of your “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”). The following rules shall apply with respect to distribution of the payments and benefits, if any, to be provided to you under Section 118:

Appears in 1 contract

Samples: Sonus Networks Inc

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