Section 409a Clause Example from Business Contracts

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

Section 409a. The 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 Partnership does not guarantee to the Participant any particular tax treatment of the Phantom Units. In no event whatsoever shall the 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 4...09A. View More
Found in Ares Management Corp contract
Ares Management Corp Contracts

FORM OF PHANTOM UNIT AGREEMENT PURSUANT TO THE ARES MANAGEMENT, L.P. 2014 EQUITY INCENTIVE PLAN (Filed With SEC on May 7, 2014)

FORM OF PHANTOM UNIT AGREEMENT PURSUANT TO THE ARES MANAGEMENT, L.P. 2014 EQUITY INCENTIVE PLAN (Filed With SEC on April 11, 2014)