Parachute Value

Example Definitions of "Parachute Value"
Parachute Value. With respect to a Payment, the present value as of the date of the change of control for purposes of Section 280G of the Code of the portion of such Payment that constitutes a "parachute payment" under Section 280G(b)(2), as determined by the Accounting Firm for purposes of determining whether and to what extent the Excise Tax will apply to such Payment.
Found in Kimberly-Clark contract
Parachute Value. With respect to a Payment, the The present value as of the date of the change of control Change in Control for purposes of Section 280G of the Code of the portion of such Payment that constitutes a "parachute payment" under Section 280G(b)(2), as determined by 280G(b)(2) of the Accounting Firm Code, for purposes of determining whether and to what extent the Excise Tax will apply to such Payment. Payment
Found in Hubbell Incorporated contract
Parachute Value. With respect to a Payment, the present value as of the date of the change of control Closing for purposes of Section 280G of the Code of the portion of such Payment that constitutes a "parachute payment" under Section 280G(b)(2), as determined by the Accounting Firm 280G Consultant for purposes of determining whether and to what extent the Excise Tax will apply to such Payment.
Found in SP Plus Corp contract
Parachute Value. With respect to Of a Payment, Payment means the present value as of the date of the change of control for purposes of Section 280G of the Code of the portion of such Payment that constitutes a "parachute payment" parachute payment under Section 280G(b)(2), 280G(b)(2) of the Code, as determined by the Accounting Firm for purposes of determining whether and to what extent the Excise Tax will apply to such Payment. Payment
Found in MONSANTO CO contract
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