Example ContractsClausesseparation from service; required delay in payment to specified employeeVariants
Separation From Service; Required Delay in Payment to Specified Employee
Separation From Service; Required Delay in Payment to Specified Employee contract clause examples

Effect of Separation from Service. For purposes of this Agreement, no payment will be made to Employee upon termination of Employee’s employment unless such termination constitutes a “separation from service” within the meaning of Section 409A of the Code, and [Section 1.409A-1(h)])] of the regulations promulgated thereunder.

Effect of Separation from Service. For purposes of this Agreement, no payment will be made to Employee upon termination of Employee’s employment unless such termination constitutes a “separation from service” within the meaning of Section 409A of the Code, and [Section 1.409A-1(h)])] of the regulations promulgated thereunder.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.