Code Section 409A. The parties hereto intend that amounts payable under this Agreement shall be exempt from, or compliant with, Section 409A of the Code, and the provisions of this Agreement shall be construed and administered in accordance with such intent.
Code Section 409A. The parties hereto intend that amounts payable under this Agreement shall be exempt from, or compliant with, Section 409A of the Code,Internal Revenue Code. The intent of the parties is that payments under this Agreement comply with or be exempt from Section 409A of the Code and the provisions of this Agreement shall be construedregulations and administered in accordance with such intent.guidance promulgated thereunder (collectively “[Section 409A]”).
Code Section 409A. The parties hereto intend that amounts payable under this Agreement shallwill be exempt from, or compliant with,administered in accordance with Section 409A of the Code and to the extent that any provision of this Agreement is ambiguous as to its compliance with Section 409A of the Code, and the provisionsprovision shall be read in such a manner so that all payments hereunder comply with, or are exempt from, Section 409A of the Code. The parties agree to cooperate so that this Agreement shallmay be construedamended, as may be necessary to fully comply with, or to be exempt from, Section 409A of the Code and administeredall related rules and regulations in accordance with such intent.order to preserve the payments and benefits provided hereunder without additional cost to either party.
The intent of the parties is that payments and benefits under this Agreement comply with Section 409A of the Code (“[Section 409A. The parties hereto intend that amounts payable409A]”), to the extent subject thereto, or otherwise be exempt from [Section 409A], and accordingly, to the maximum extent permitted, this Agreement shall be interpreted and administered to be exempt from or in compliance therewith. Each amount to be paid or benefit to be provided under this Agreement shall be exempt from, construed as a separate and distinct payment for purposes of [Section 409A]. Without limiting the foregoing and notwithstanding anything contained herein to the contrary, to the extent required to avoid accelerated taxation and/or compliant with,tax penalties under Section 409A of the Code, and the provisions of this Agreement shall be construed and administered in accordance with such intent.409A:
Code Section 409A. The parties hereto intend that amounts payableany payments or benefits to be made under this Agreement shallcomply with or otherwise be exempt from, or compliant with,from Section 409A of the Code,Internal Revenue Code of 1986 and the provisions ofregulations and guidance promulgated thereunder (collectively, “Code Section 409A”) and, accordingly, this Agreement shallwill be construedadministered and administeredinterpreted in accordancea manner consistent with suchthis intent. In the event that any provision would cause this Agreement to fail to satisfy Code Section 409A, the parties agree to negotiate in good faith to amend the Agreement so as to prevent the imposition of any additional tax or interest pursuant to Code Section 409A to the extent possible.
Code Section 409A. The parties hereto intend that amounts payable under this Agreement shallwill be exempt from, or compliant with,administered in accordance with Section 409A of the Code. To the extent that any provision of this Agreement is ambiguous as to its compliance with Section 409A of the Code, and the provisionsprovision 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 shallmay be construedamended, as reasonably requested by either party, and administeredas may be necessary to fully comply with Section 409A of the Code and all related rules and regulations in accordance with such intent.order to preserve the payments and benefits provided hereunder without additional cost to either party.
Code Section 409A. The parties hereto intend that amounts payable under this Agreement shallwill be exempt from, or compliant with,administered in accordance with Section 409A of the Code. To the extent that any provision of this Agreement is ambiguous as to its compliance with Section 409A of the Code, and the provisionsprovision shall be read in such a manner so that all payments hereunder comply with Section 409A of the Code. Each payment pursuant to this Agreement shallis intended to constitute a separate payment for purposes of Treasury Regulation Section 1.409A-2(b)(2). The parties agree that this Agreement may be construedamended, as reasonably requested by either party, and administeredas may be necessary to fully comply with Section 409A of the Code and all related rules and regulations in accordance with such intent.order to preserve the payments and benefits provided hereunder without additional cost to either party.
Section # Effect of Code Section 409A. The parties hereto intend that amounts payable409A and other tax matters. Payments and benefits under this Agreement shallare intended to be exempt from, or compliant with, Sectionfrom the requirements under Code section 409A of the Code,Code (“Code Section 409A”), and theall provisions of thisthe Agreement shall be construed and administeredinterpreted in accordance with the applicable exemptions. To the extent any payment or benefit is subject to Code section 409A, the Agreement shall be interpreted in accordance with Code Section 409A and Department of Treasury regulations and other interpretive guidance issued thereunder, including without limitation any such intent.regulations or other guidance that may be issued after the date hereof.
Code [Section 409A. The parties hereto intend409A]. It is intended that amounts payable underthe provisions of this Agreement shall becomply with, or are exempt from, or compliant with, Section 409A of the Code,[Section 409A], and theall provisions of this Agreement shall be construed and administeredinterpreted in accordancea manner consistent with such intent.the requirements for avoiding taxes or penalties under Section 409A.
Code [Section 409A. The parties hereto intend that amounts payable under this409A]. This Agreement shall be exempt from, or compliant with,is intended to comply with Section 409A of the Code,Code or an exemption thereunder and the provisions of this Agreement shall be construed and administeredinterpreted in accordancea manner that is consistent with such intent.the requirements for avoiding additional taxes or penalties under Section 409A of the Code. Notwithstanding the foregoing, the Company makes no representations that the payments and benefits provided under this Agreement comply with Section 409A of the Code and in no event shall the Company be liable for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by the Participant on account of non-compliance with Section 409A of the Code.
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