Code Section 409A Awards

Code Section 409A Awards. Means Awards that constitute a deferral of compensation under Code Section 409A and regulations thereunder. "Non-Code Section 409A Awards" means Awards other than Code Section 409A Awards. Although the Committee retains authority under the Plan to grant Options, SARs and Restricted Stock on terms that will qualify those Awards as Code Section 409A Awards, Options, SARs exercisable for Stock, and Restricted Stock are intended to be Non-Code Section 409A Awards unless otherwise expressly... specified by the Committee. -2- View More