Section 409A Limit Definition Example with 6 Variations

This page contains an example definition of Section 409A Limit, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Section 409A Limit. The lesser of two (2) times: (i) Employee's annualized compensation based upon the annual rate of pay paid to Employee during the Company's taxable year preceding the Company's taxable year of Employee's termination of employment as determined under Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the... year in which Employee's employment is terminated. View More Arrow
Found in GIGA TRONICS INC contract

Variations

Section 409A Limit. The will mean the lesser of two (2) times: (i) Employee's annualized compensation based upon the annual rate of pay paid to Employee during the Company's Employee's taxable year preceding the Company's Employee's taxable year of Employee's termination of employment as determined under Treasury Regulation Section 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan... pursuant to Section 401(a)(17) of the Code for the year in which Employee's employment is terminated. View More Arrow
Found in SIERRA MONITOR CORP contract
Section 409A Limit. The For purposes of this Agreement, "Section 409A Limit" will mean the lesser of two (2) times: (i) Employee's annualized compensation based upon the annual rate of pay paid to Employee during the Company's taxable year preceding the Company's taxable year of Employee's termination of employment as determined under Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a... qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Employee's employment is terminated. View More Arrow
Found in 2 Contracts from NEOMAGIC CORP
Section 409A Limit. The For purposes of this Agreement, "Section 409A Limit" will mean the lesser of two (2) times: (i) Employee's annualized compensation based upon the annual rate of pay paid to Employee during the Company's taxable year preceding the Company's taxable year of Employee's termination of employment as determined under Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) 1.409A-1(b)(9)(iii)(A)(1)) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be... taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Employee's employment is terminated. View More Arrow
Found in NEOMAGIC CORP contract
Section 409A Limit. The For purposes of this Agreement, "Section 409A Limit" will mean the lesser of two (2) times: (i) Employee's annualized compensation based upon the annual rate of pay paid to Employee during the Company's taxable year preceding the Company's taxable year of Employee's termination of employment as determined under Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) 1.409A-l(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be... taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Employee's employment is terminated. View More Arrow
Found in NEOMAGIC CORP contract
Section 409A Limit. The will mean the lesser of two (2) times: (i) Employee's annualized compensation based upon the annual rate of pay paid to Employee during the Company's Employee's taxable year preceding the Company's Employee's taxable year of Employee's termination of employment as determined under under, and with such adjustments as are set forth in, Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued -7- with respect thereto; or (ii) the maximum amount that may be... taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Employee's employment is terminated. View More Arrow
Found in BLUEARC CORP contract
Section 409A Limit. The will mean the lesser of two (2) times: (i) Employee's annualized compensation based upon the annual rate of pay paid to Employee during the Company's Employee's taxable year preceding the Company's Employee's taxable year of Employee's termination of employment as determined under under, and with such adjustments as are set forth in, Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be... taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Employee's employment is terminated. View More Arrow
Found in 3 Contracts from BLUEARC CORP
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