Document ID: 10238

Text:
14\. Code Section409A . This Agreement is intended to comply with the requirements of Section409A of the Code, and shall be interpreted and construed consistently with such intent. The payments to Executive pursuant to this Agreement are also intended to be exempt from Section409A of the Code to the maximum extent possible, under either the separation pay exemption pursuant to Treasury regulation 1.409A-1 (b)(9) (iii) or as short-term deferrals pursuant to Treasury regulation 1.409A-1 (b)(4) , and for such purposes, each payment to

Named Entities:
65
75
Regulation

Tokenized Text:
14
\
.
Code
Section409A
.
This
Agreement
is
intended
to
comply
with
the
requirements
of
Section409A
of
the
Code
,
and
shall
be
interpreted
and
construed
consistently
with
such
intent
.
The
payments
to
Executive
pursuant
to
this
Agreement
are
also
intended
to
be
exempt
from
Section409A
of
the
Code
to
the
maximum
extent
possible
,
under
either
the
separation
pay
exemption
pursuant
to
Treasury
regulation
1
.
409A-1
(
b
)
(
9
)
(
iii
)
or
as
short-term
deferrals
pursuant
to
Treasury
regulation
1
.
409A-1
(
b
)
(
4
)
,
and
for
such
purposes
,
each
payment
to