Section 409a Clause Example with 4 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. Notwithstanding anything herein or in the Plan to the contrary, the Option 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. 4 15. Binding Agreement; Assignment. This Agreement shall inure to the benefit of, be binding upon, and be enforceable by the Company and its successors and assigns. The Participant shall not assign (except in accordance with Section 6 hereof) any part of thi...s Agreement without the prior express written consent of the Company. View More

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

Section 409a. Notwithstanding anything herein or in the Plan to the contrary, if the Optionee is a U.S. taxpayer, the Option 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. 4 15. 8 18. Binding Agreement; Assignment. This Agreement shall inure to the benefit of, be binding upon, and be enforceable by the Company and its successors and assigns. The Participant Optionee shall not assign (except i...n accordance with Section 6 7 hereof) any part of this Agreement without the prior express written consent of the Company. View More
Section 409a. Notwithstanding anything herein or in the Plan to the contrary, the Option 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. 4 15. intent.9 20. Binding Agreement; Assignment. This Agreement and the Certificate shall inure to the benefit of, be binding upon, and be enforceable by the Company and its successors and assigns. The Participant shall not assign (except in accordance with ...Section 6 9 hereof) any part of this Agreement and the Certificate without the prior express written consent of the Company. View More
Section 409a. Notwithstanding anything herein or in the Plan to the contrary, the Option is shares of Restricted Stock are 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. 4 15. 5 19. Binding Agreement; Assignment. This Agreement shall inure to the benefit of, be binding upon, and be enforceable by the Company and its successors and assigns. The Participant shall not assign (except in accordance w...ith Section 6 hereof) any part of this Agreement without the prior express written consent of the Company. View More
Section 409a. Notwithstanding anything herein or in the Plan to the contrary, the Option is shares of Restricted Stock are 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. 4 15. 5 18. Binding Agreement; Assignment. This Agreement shall inure to the benefit of, be binding upon, and be enforceable by the Company and its successors and assigns. The Participant shall not assign (except in accordance w...ith Section 6 hereof) any part of this Agreement without the prior express written consent of the Company. View More