Section 457A definition

Section 457A means Section 457A of the U.S. Internal Revenue Code of 1986, as amended, and any regulations promulgated or U.S. Treasury Department or U.S. Internal Revenue Service guidance issued thereunder, as may be in effect from time to time.

Section 457A means Section 457A of the U.S. Internal Revenue Code of 1986, as amended, and any related regulations or other guidance promulgated thereunder.

Section 457A means Code Section 457A and the U.S. Treasury Regulations and guidance thereunder, and any applicable state law equivalent, as each may be promulgated, amended or modified from time to time.

Examples of Section 457A in a sentence

• Neither the Committee nor the Company has any obligation to take any action to prevent the assessment of any tax under Section 409A of the Code or Section 457A of the Code or otherwise and none of the Company, any Subsidiary or Affiliate, or any of their employees or representatives shall have any liability to a Participant with respect thereto.

• If an amendment of the Agreement is necessary in order for it to comply with Section 409A or Section 457A, the parties hereto will negotiate in good faith to amend the Agreement in a manner that preserves the original intent of the parties to the extent reasonably possible.

• Neither the Committee nor the Company has any obligation to take any action to prevent the assessment of any tax on any Person with respect to any Award under Section 409A of the Code or Section 457A of the Code or otherwise and none of the Company, any of its Subsidiaries or Affiliates, or any of their employees or representatives shall have any liability to a Participant with respect thereto.

• It shall be the intent of the Administrator to not grant an Award in the form of stock appreciation rights to any Key Person (i) who is then subject to the requirements of Section 409A of the Code with respect to such Award if the Common Stock underlying such Award does not then qualify as "service recipient stock" for purposes of Section 409A or (ii) if such Award would create adverse tax consequences for such Key Person under Section 457A of the Code.

• It shall be the intent of the Administrator to not grant an Award in the form of stock appreciation rights to any Key Person (i) who is then subject to the requirements of Section 409A of the Code with respect to such Award if the Common Stock underlying such Award does not then qualify as “service recipient stock” for purposes of Section 409A or (ii) if such Award would create adverse tax consequences for such Key Person under Section 457A of the Code.

More Definitions of Section 457A

Section 457A means Section 457A of the Code, including any valid regulation or other official guidance promulgated thereunder.

Section 457A means Section 457A of the Code and the regulations and other guidance promulgated thereunder.

Section 457A means Section 457A of the Code and the regulations and guidance thereunder, as they may be amended or modified from time to time.

Section 457A means Section 457A of the Code and the related Treasury guidance and regulations.

Section 457A means Section 457A of the Code and all regulations, guidance, compliance programs and other interpretive authority thereunder.

Section 457A means Section 457A of the US Tax Code, and any United States Treasury regulations and/or other official guidance promulgated thereunder.

Section 457A means Section 457A of the Code and the final Department of Treasury regulations issued thereunder. (kk) “Separation From Service” shall have the meaning ascribed to such term in Section 409A.