409A definition

409A means Section 409A of the Code.

409A means section 409A of the Code, and any regulations adopted thereunder.

409A means Section 409A of the Internal Revenue Code of 1986, as the same may be amended from time to time.

Examples of 409A in a sentence

• To the extent that any provision of this Agreement is ambiguous as to its compliance with Section 409A of the Code, the provision shall be read in such a manner so that all payments hereunder comply with Section 409A of the Code.

• The parties agree that this Agreement may be amended, as reasonably requested by either party, and as may be necessary to fully comply with Section 409A of the Code and all related rules and regulations in order to preserve the payments and benefits provided hereunder without additional cost to either party.

• Deferrals by Participants will be made in accordance with Section 409A of the Code.

• For purposes of Section 409A, each installment payment provided under this Agreement shall be treated as a separate payment.

• Any payments under this Agreement that may be excluded from Section 409A either as separation pay due to an involuntary separation from service or as a short-term deferral shall be excluded from Section 409A to the maximum extent possible.

More Definitions of 409A

409A means Section 409A of the Internal Revenue Code and shall include any amendments thereto or successor provisions as well as any applicable current and future regulations, rulings, IRS notices and other binding legal authority interpreting or modifying the legal requirements under Section 409A.

409A shall have the meaning ascribed to it in Section 2.10(a).

409A is defined in Section 2.15(d).

409A has the meaning set forth in Section 5.02(m)(xi).

409A. (each such plan, a “NQDC Plan”). Except as provided in Section 5.02(m)(xi) of the Vision Bancshares Disclosure Schedule, each NQDC Plan has been operated, notwithstanding any terms to the contrary, in good faith compliance with 409A, to the extent required under 409A.

409A means §409A of the Code, and any treasury regulations, rulings or other authoritative administrative pronouncements interpreting §409A of the Code.

409A has the meaning set forth in Section 6.17.