Document ID: 11627

Text:
(b) Notwithstanding anything in this Agreement to the contrary, the following special rule shall apply, if and to the extent required by Section409A, in the event that (i)Employee is deemed to be a specified employee within the meaning of Section409A(a)(2)(B)(i) of the Code, (ii)amounts or benefits under this Agreement or any other program, plan or arrangement of the Company or a controlled group affiliate thereof are due or payable on account of separation from service within the meaning of Treasury Regulations Section1.409A-l(h) and (iii)Employee is employed by a public company or a controlled group affiliate thereof: no payments hereunder that are deferred compensation subject to Section409A shall be made to Employee prior to the date that is six (6)months after the date of Employees separation from service or, if earlier, Employees date of death; following any applicable six (6)month delay, all such delayed payments will be paid in a single lump sum on the earliest permissible payment date, without interest.

Named Entities:
104
108
Regulation

Tokenized Text:
(
b
)
Notwithstanding
anything
in
this
Agreement
to
the
contrary
,
the
following
special
rule
shall
apply
,
if
and
to
the
extent
required
by
Section409A
,
in
the
event
that
(
i
)
Employee
is
deemed
to
be
a
specified
employee
within
the
meaning
of
Section409A
(
a
)
(
2
)
(
B
)
(
i
)
of
the
Code
,
(
ii
)
amounts
or
benefits
under
this
Agreement
or
any
other
program
,
plan
or
arrangement
of
the
Company
or
a
controlled
group
affiliate
thereof
are
due
or
payable
on
account
of
separation
from
service
within
the
meaning
of
Treasury
Regulations
Section1
.
409A-l
(
h
)
and
(
iii
)
Employee
is
employed
by
a
public
company
or
a
controlled
group
affiliate
thereof
:
no
payments
hereunder
that
are
deferred
compensation
subject
to
Section409A
shall
be
made
to
Employee
prior
to
the
date
that
is
six
(
6
)
months
after
the
date
of
Employees
separation
from
service
or
,
if
earlier
,
Employees
date
of
death
;
following
any
applicable
six
(
6
)
month
delay
,
all
such
delayed
payments
will
be
paid
in
a
single
lump
sum
on
the
earliest
permissible
payment
date
,
without
interest
.