ATVI » Topics » Deferred Compensation

This excerpt taken from the ATVI 10-Q filed Nov 3, 2005.
Deferred Compensation.  Notwithstanding anything to the contrary in this Agreement, in the event that it is determined that any payment to be made under this Agreement is considered “nonqualified deferred compensation” subject to Section 409A of the Code or the regulations thereunder, payment under this Agreement shall be delayed for six months following the termination of employment of Employee.  Any such deferred amount shall be included in Total Compensation notwithstanding any such deferral.

 

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This excerpt taken from the ATVI 10-Q filed Aug 4, 2005.
Deferred Compensation.  Notwithstanding anything to the contrary in this Agreement, in the event that it is determined that any payment to be made under this Agreement is considered “nonqualified deferred compensation” subject to Section 409A of the Code or the regulations thereunder, payment under this Agreement shall be delayed for six months following the termination of employment of Employee. Any such deferred amount shall be included in Total Compensation or otherwise included in computing amounts paid with regard to the Guarantee Amount notwithstanding any such deferral.

 

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EXCERPTS ON THIS PAGE:

10-Q
Nov 3, 2005
10-Q
Aug 4, 2005

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