Section 409a Clause Example from Business Contracts

This example Section 409a clause appears in 2 contracts from 1 company

Section 409a. This Agreement is intended to comply with Section 409A and shall be construed and interpreted in a manner that is consistent with the requirements for avoiding additional taxes and penalties under Section 409A. Notwithstanding the foregoing, the Company makes no representation that the payments and benefits provided hereunder comply with Section 409A, and in no event shall the Company be liable for all or any portion of any taxes, penalties, interest, or other expenses that may be incurred by th...e Participant on account of non-compliance with Section 409A. View More