Withholding; Section 409A. The Company shall make such deductions and withhold such amounts from each payment made to the Executive hereunder as may be required from time to time by law, governmental regulation or order. If required by Section 409A of the Code, all or part of any payment made to the Executive hereunder may be delayed for a period of six months.
Appears in 4 contracts
Samples: Severance Agreement (Cherokee International Corp), Severance Agreement (Cherokee International Corp), Severance Agreement (Cherokee International Corp)