Section 409A Limit Definition Example with 18 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. Will mean the lesser of two (2) times: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's taxable year preceding the Company's taxable year of Executive'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 Executive's employment is terminated. View More Arrow

Variations

Section 409A Limit. Will mean For purposes of this Agreement, "Section 409A Limit" means the lesser of two (2) times: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's taxable year preceding the Company's taxable year of Executive'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 Executive's employment is terminated. View More Arrow
Section 409A Limit. Will will mean the lesser of two (2) times: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's Executive's taxable year preceding the Company's Executive's taxable year of Executive'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 Executive's employment is terminated. View More Arrow
Section 409A Limit. Will will mean the lesser of two (2) times: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's Executive's taxable year preceding the Company's Executive's taxable year of Executive'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 Executive's employment is terminated. -7- View More Arrow
Section 409A Limit. Will will mean two (2) times the lesser of two (2) times: of: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's Executive's taxable year preceding the Company's Executive's taxable year of Executive'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 Executive's employment is terminated. View More Arrow
Section 409A Limit. Will will mean the lesser of two (2) times: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's Executive's taxable year preceding the Company's Executive's taxable year of Executive'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) 1.409A-l(b)(9)(iii)(A)(l) 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) 40l(a)(17) of the Code for the year in which Executive's employment is terminated. View More Arrow
Section 409A Limit. Will mean means two (2) times the lesser of two (2) times: of: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's Executive's taxable year preceding the Company's Executive's taxable year of Executive'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 Executive's employment is terminated. View More Arrow
Section 409A Limit. Will mean For purposes of this Agreement, "Section 409A Limit" means the lesser of two (2) times: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's taxable year preceding the Company's taxable year of Executive's termination of employment as determined under Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) and any -7- 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 Executive's employment is terminated. terminated View More Arrow
Section 409A Limit. Will mean For purposes of this Agreement, "Section 409A Limit" means the lesser of two (2) times: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's taxable year preceding the Company's taxable year of Executive'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 Executive's employment is terminated. terminated View More Arrow
Section 409A Limit. Will For purposes of this Agreement, "Section 409A Limit" will mean the lesser of two (2) times: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's Executive's taxable year preceding the Company's Executive's taxable year of Executive'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 Executive's employment is terminated. View More Arrow
Section 409A Limit. Will mean For purposes of this Agreement, "Section 409A Limit" means the lesser of two (2) times: (i) Executive's annualized compensation based upon the annual rate of pay paid to Executive during the Company's Executive's taxable year preceding the Company's Executive's taxable year of Executive'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 Executive's employment is terminated. View More Arrow
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