Section 409a Clause Example from Business Contracts

This example Section 409a clause appears in 4 contracts from 1 company

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 , 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.
Found in NovoCure Ltd contract
NovoCure Ltd Contracts

Form of Non-Qualified Stock Option Agreement for Employees in Sweden (Filed With SEC on May 2, 2019)

NOVOCURE LIMITED Formof Non-Qualified Stock Option Agreement Pursuant to the NovoCureLimited 2015 Omnibus Incentive Plan (Filed With SEC on September 21, 2015)

NOVOCURE LIMITED Formof Incentive Stock Option Agreement Pursuant to the NovoCureLimited 2015 Omnibus Incentive Plan (Filed With SEC on September 21, 2015)

NOVOCURE LIMITED Form of Non-Qualified Stock Option Agreement Pursuant to the NovoCure Limited 2015 Omnibus Incentive Plan (Filed With SEC on May 12, 2017)