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This excerpt taken from the SIRI DEF 14A filed Apr 30, 2009. Compliance
with Section 409A of the Code
To the extent applicable, it is intended that the Plan and any
grants made thereunder comply with the provisions of
Section 409A of the Code, so that the income inclusion
provisions of Section 409A(a)(1) of the Code do not apply
to the participants. The Plan and any grants made under the Plan
will be administered in a manner consistent with this intent.
Any reference in the Plan to Section 409A of the Code will also
include any regulations or any other formal guidance promulgated
with respect to such Section by the U.S. Department of the
Treasury or the Internal Revenue Service.
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