Section 4999 Determination definition

Section 4999 Determination shall have the meaning set forth in Paragraph 6(g)(ii) hereof.
View Source
Section 4999 Determination shall have the meaning set forth in Paragraph 6(g)(ii) hereof. (aa) “Target Bonus” shall have the meaning set forth in Paragraph 5(b) hereof. (bb) “Term” shall have the meaning set forth in Paragraph 2(a) hereof. (cc) “Termination of Employment” or “Termination of Employment of Executive” means the separation from service of the Executive, as defined in the regulations under Section 409A of the Code, with and from Arrow and its Affiliates. Generally, for purposes of Section 409A, a separation from service means a decrease in the performance of services to no more than 20% of the average for the preceding 36-month period, disregarding leaves of absence of up to six months where there is a reasonable expectation the Executive will return. (dd) “Termination of Employment of Executive as a Retired Early Employee” means a Termination of Employment of Executive pursuant to Paragraph 6(a) hereof, that is, either a Termination of Employment of Executive without Cause or a Termination of Employment of Executive for Good Reason, in either case, following a Change in Control and otherwise meeting the requirements of Paragraph 6(a) hereof. (ee) “Termination of Employment of Executive for Cause” shall mean a termination of the Employment of Executive by Arrow or the Bank pursuant to Paragraph 7(a) for any one or more of the following “Causes:”
View Source
Section 4999 Determination and “Section 4999 Dispute” shall have the respective meanings set forth in Section 6.10 of this Plan.
View Source

Examples of Section 4999 Determination in a sentence

  • Such accounting firm or attorney shall provide its Section 4999 Determination, together with detailed supporting calculations and documentation to the Company and the Executive not later than thirty (30) days after the effective date of the Termination of Employment of Executive as a Retired Early Employee.

  • Such accounting firm or attorney shall provide its Section 4999 Determination, together with detailed supporting calculations and documentation to the Company and the Executive within ten (10) days of the termination of the Executive’s employment.

  • If there is no Section 4999 Dispute, the Section 4999 Determination by the Advisor shall be final, binding and conclusive upon the Company and the Participant, subject to Section 9.5 of this Plan.

  • Unless otherwise determined by the Committee in its discretion, the Company shall reduce or eliminate the benefits payable under this Plan by first reducing or eliminating those benefits beginning with benefits which are to be paid the farthest in time from the Section 4999 Determination (as defined below).

  • Within ten (10) calendar days of delivery of the Section 4999 Determination to the Participant, the Participant shall have the right to dispute the Section 4999 Determination (the “Section 4999 Dispute”).

  • The existence of any Section 4999 Dispute shall not in any way affect the Participant’s right to receive the benefits under this Plan in accordance with the Section 4999 Determination.

  • All determinations required to be made under this section (each, a "Section 4999 Determination") shall be made by the Committee.

  • The existence of any Section 4999 Dispute shall not in any way affect the Participant's right to receive the benefits under this Plan in accordance with the Section 4999 Determination.

  • Such accounting firm or attorney shall provide its Section 4999 Determination, together with detailed - 7 - supporting calculations and documentation to the Company and the Executive not later than thirty (30) days after the effective date of the Termination of Employment of Executive as a Retired Early Employee.

  • Within ten (10) calendar days of delivery of the Section 4999 Determination to the Participant, the Participant shall have the right to dispute the Section 4999 Determination (the "Section 4999 Dispute").


More Definitions of Section 4999 Determination

Section 4999 Determination shall have the meaning set forth in Paragraph 6(g)(ii) hereof. (aa) "Target Bonus" shall have the meaning set forth in Paragraph S(b) hereof. (bb) "Term" shall have the meaning set forth in Paragraph 2(a) hereof. (cc) "Termination of Employment" or "Termination of Employment of Executive" means the separation from service of the Executive, as defined in the regulations under Section 409A of the Code, with and from Arrow and its Affiliates. Generally, for purposes of Section 409A, a separation from service means a decrease in the performance of services to no more than 20% of the average for the preceding 36-month period, disregarding leaves of absence of up to six months where there is a reasonable expectation the Executive will return. 16
View Source
Section 4999 Determination shall have the meaning set forth in Paragraph 6(g)(ii) hereof. (aa) "Target Bonus" shall have the meaning set forth in Paragraph 5(b) hereof. (bb) "Term" shall have the meaning set forth in Paragraph 2(a) hereof. (cc) "Termination of Employment" or "Termination of Employment of Executive" means the separation from service of the Executive, as defined in the regulations under Section 409A of the Code, with and from Arrow and its Affiliates. Generally, for purposes of Section 409A, a separation from service means a decrease in the performance of services to no more than 20% of the average for the preceding 36-month period, disregarding leaves of absence ofup to six months where there is a reasonable expectation the Executive will return. ( dd) "Termination of Employment of Executive as a Retired Early Employee" means a Termination of Employment of Executive pursuant to Paragraph 6(a) hereof, that is, either a Termination of Employment of Executive without Cause or a Termination of Employment of 16
View Source
Section 4999 Determination shall have the meaning set forth in Paragraph 6(g)(ii) hereof. (y) “Target Bonus” shall have the meaning set forth in Paragraph 5(b) hereof. (z) “Term” shall have the meaning set forth in Paragraph 2(a) hereof. (aa) “Termination of Employment” or “Termination of Employment of Executive” means the separation from service of the Executive, as defined in the regulations under Section
View Source

Related to Section 4999 Determination

  • Excise Tax means the excise tax imposed by Section 4999 of the Code, together with any interest or penalties imposed with respect to such excise tax.

  • Adverse Benefit Determination means any of the following:

  • Initial determination means the first child custody determination concerning a particular child.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Final Determination means the final resolution of liability for any Tax for any taxable period, by or as a result of (a) a final decision, judgment, decree or other order by any court of competent jurisdiction that can no longer be appealed, (b) a final settlement with the IRS, a closing agreement or accepted offer in compromise under Sections 7121 or 7122 of the Code, or a comparable agreement under the Laws of other jurisdictions, which resolves the entire Tax liability for any taxable period, (c) any allowance of a refund or credit in respect of an overpayment of Tax, but only after the expiration of all periods during which such refund or credit may be recovered by the jurisdiction imposing the Tax, or (d) any other final resolution, including by reason of the expiration of the applicable statute of limitations or the execution of a pre-filing agreement with the IRS or other Taxing Authority.