Document ID: 10909

Text:
(e) Notwithstanding anything in Section6(f)hereof to the contrary, in the event that Executive is entitled to the amount set forth in Section6(f)(i)as a result of a termination of Executives employment within twelve (12) months after the date of the Change in Control, and such Change in Control does not constitute a change in ownership or effective control of the Company, or in the ownership of a substantial portion of the assets of the Company, within the meaning of Section409A(a)(2)(A) (v)of the Code and its corresponding regulations, and any portion of the severance benefit payable to Executive pursuant to Section6(e)(i)is deemed to constitute deferred compensation subject to the requirements of Section409A of the Code at the time of Executives termination, then such portion that constitutes deferred compensation shall reduce the amount that is paid in a lump sum as provided in Section6(f)(i)and such deferred compensation portion shall instead be paid in substantially equal installments over the installment period as described in Section6(e)(i).

Named Entities:

Tokenized Text:
(
e
)
Notwithstanding
anything
in
Section6
(
f
)
hereof
to
the
contrary
,
in
the
event
that
Executive
is
entitled
to
the
amount
set
forth
in
Section6
(
f
)
(
i
)
as
a
result
of
a
termination
of
Executives
employment
within
twelve
(
12
)
months
after
the
date
of
the
Change
in
Control
,
and
such
Change
in
Control
does
not
constitute
a
change
in
ownership
or
effective
control
of
the
Company
,
or
in
the
ownership
of
a
substantial
portion
of
the
assets
of
the
Company
,
within
the
meaning
of
Section409A
(
a
)
(
2
)
(
A
)
(
v
)
of
the
Code
and
its
corresponding
regulations
,
and
any
portion
of
the
severance
benefit
payable
to
Executive
pursuant
to
Section6
(
e
)
(
i
)
is
deemed
to
constitute
deferred
compensation
subject
to
the
requirements
of
Section409A
of
the
Code
at
the
time
of
Executives
termination
,
then
such
portion
that
constitutes
deferred
compensation
shall
reduce
the
amount
that
is
paid
in
a
lump
sum
as
provided
in
Section6
(
f
)
(
i
)
and
such
deferred
compensation
portion
shall
instead
be
paid
in
substantially
equal
installments
over
the
installment
period
as
described
in
Section6
(
e
)
(
i
)
.