Section 409a Clause Example with 9 Variations from Business Contracts

This page contains Section 409a clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Section 409a. The Option is intended to be exempt from the applicable requirements of Section 409A and shall be limited, construed and interpreted in accordance with such intent; provided, that the Employer does not guarantee to the Participant any particular tax treatment of the Option. In no event whatsoever shall the Employer be liable for any additional tax, interest or penalties that may be imposed on the Participant by Section 409A or any damages for failing to comply with Section 409A.

Variations of a "Section 409a" Clause from Business Contracts

Section 409a. The Option is Phantom Units are intended to be exempt from the applicable requirements of Section 409A and shall be limited, construed and interpreted in accordance with such intent; provided, that the Employer Partnership does not guarantee to the Participant any particular tax treatment of the Option. Phantom Units. In no event whatsoever shall the Employer Partnership be liable for any additional tax, interest or penalties that may be imposed on the Participant by Section 409A or any damages ...for failing to comply with Section 409A. View More
Section 409a. The Option is Restricted Units are intended to be exempt from the applicable requirements of Section 409A and shall be limited, construed and interpreted in accordance with such intent; provided, that the Employer Partnership does not guarantee to the Participant any particular tax treatment 4 of the Option. Restricted Units. In no event whatsoever shall the Employer Partnership be liable for any additional tax, interest or penalties that may be imposed on the Participant by Section 409A or any ...damages for failing to comply with Section 409A. View More
Section 409a. The Option is Restricted Units are intended to be exempt from comply with the applicable requirements of Section 409A and shall be limited, construed and interpreted in accordance with such intent; provided, that the Employer Partnership does not guarantee to the Participant any particular tax treatment of the Option. Restricted Units. In no event whatsoever shall the Employer Partnership be liable for any additional tax, interest or penalties that may be imposed on the Participant by Section 40...9A or any damages for failing to comply with Section 409A. View More
Section 409a. The Option Right is intended to be exempt from the applicable requirements of Section 409A of the Code and shall be limited, construed and interpreted in accordance with such intent; provided, that the Employer Company does not guarantee to the Participant Optionee any particular tax treatment of the Option. Option Right. In no event whatsoever shall the Employer Company be liable for any additional tax, interest or penalties that may be imposed on the Participant Optionee by Section 409A of the... Code or any damages for failing to comply with Section 409A. 409A of the Code. View More
Section 409a. The Option Award is intended to be exempt from the applicable requirements of Section 409A of the Code and shall be limited, construed and interpreted in accordance with such intent; provided, that the Employer Company does not guarantee to the Participant any particular tax treatment of the Option. In no event whatsoever Award. The Company shall the Employer not be liable to the Participant for any additional tax, interest or penalties that may be imposed on the Participant by Section 409A of t...he Code or any damages for failing to comply with Section 409A. 409A of the Code. View More
Section 409a. The Option Although the Company makes no guarantee with respect to the tax treatment of the Award, the Award pursuant to this Agreement is intended to comply with or be exempt from the applicable requirements of Section 409A and shall be limited, construed and interpreted in accordance with such intent; provided, provided that the Employer does not guarantee to the Participant any particular tax treatment of the Option. Award. In no event whatsoever shall the Employer be liable for any additiona...l tax, interest or penalties that may be imposed on the Participant by Section 409A or any damages for failing to comply with Section 409A. View More
Section 409a. The Option Right is intended to be exempt from the applicable requirements of Section 409A of the Code and shall be limited, construed and interpreted in accordance with such intent; provided, that the Employer does not guarantee to the Participant Optionee any particular tax treatment of the Option. Option Right. In no event whatsoever shall the Employer be liable for any additional tax, interest or penalties that may be imposed on the Participant Optionee by Section 409A of the Code or any dam...ages for failing to comply with Section 409A. 409A of the Code. View More
Section 409a. The Option is intended to be exempt from the applicable requirements of Section 409A and shall be limited, construed and interpreted in accordance with such intent; provided, that the Employer Partnership does not guarantee to the Participant any particular tax treatment of the Option. In no event whatsoever shall the Employer Partnership be liable for any additional tax, interest or penalties that may be imposed on the Participant by Section 409A or any damages for failing to comply with Sectio...n 409A. View More
Section 409a. The Stock Option is intended to be exempt from the applicable requirements of Section 409A and shall be limited, construed and interpreted in accordance with such intent; provided, provided , that the Employer does not guarantee to the Participant any particular tax treatment of the Stock Option. In no event whatsoever shall the Employer be liable for any additional tax, interest or penalties that may be imposed on the Participant by Section 409A or any damages for failing to comply with Section... 409A. View More