Document ID: 11394

Text:
The provisions of this Agreement are intended to comply with Section 409A of the Internal Revenue Code of 1986 , as amended (the Code) and any final regulations and guidance promulgated thereunder (Section 409A) and shall be construed in a manner consistent with the requirements for avoiding taxes or penalties under Section 409A. The Company and Executive agree to work together in good faith to consider amendments to this Agreement and to take such reasonable actions which are necessary, appropriate or desirable to avoid imposition of any additional tax or income recognition prior to actual payment to Executive under Section 409A.

Named Entities:
10
11
Regulation
14
18
Act

Tokenized Text:
The
provisions
of
this
Agreement
are
intended
to
comply
with
Section
409A
of
the
Internal
Revenue
Code
of
1986
,
as
amended
(
the
Code
)
and
any
final
regulations
and
guidance
promulgated
thereunder
(
Section
409A
)
and
shall
be
construed
in
a
manner
consistent
with
the
requirements
for
avoiding
taxes
or
penalties
under
Section
409A
.
The
Company
and
Executive
agree
to
work
together
in
good
faith
to
consider
amendments
to
this
Agreement
and
to
take
such
reasonable
actions
which
are
necessary
,
appropriate
or
desirable
to
avoid
imposition
of
any
additional
tax
or
income
recognition
prior
to
actual
payment
to
Executive
under
Section
409A
.