Back to top

MANAGING DIRECTOR AGREEMENT MEMBER DISTRIBUTION AGREEMENT MEMBER AGREEMENT AMENDMENT

Executive Compensation Plan Agreement

MANAGING DIRECTOR AGREEMENT MEMBER DISTRIBUTION AGREEMENT MEMBER AGREEMENT AMENDMENT | Document Parties: BEARINGPOINT INC | BearingPoint, Inc You are currently viewing:
This Executive Compensation Plan Agreement involves

BEARINGPOINT INC | BearingPoint, Inc

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: MANAGING DIRECTOR AGREEMENT MEMBER DISTRIBUTION AGREEMENT MEMBER AGREEMENT AMENDMENT
Date: 6/5/2009
Industry: Business Services     Sector: Services

MANAGING DIRECTOR AGREEMENT MEMBER DISTRIBUTION AGREEMENT MEMBER AGREEMENT AMENDMENT, Parties: bearingpoint inc , bearingpoint  inc
50 of the Top 250 law firms use our Products every day

Exhibit 10.47

MANAGING DIRECTOR AGREEMENT
MEMBER DISTRIBUTION AGREEMENT
MEMBER AGREEMENT

AMENDMENT

               BearingPoint, Inc. (the “Company”) and certain employees (the “Managing Directors”) have entered into individual Member Distribution Agreements, Member Agreements or Managing Director Agreements (“MD Agreements”), pursuant to which the Company has agreed to make severance payments in the event of an involuntary termination of a Managing Director’s employment without cause. The Company has determined that it is in the best interest of the Company and Executive to provide that the benefits provided under the Agreements shall satisfy the requirements of Section 409A of the Internal Revenue Code of 1986, as amended. The Company therefore amends each MD Agreement, effective as of December 31, 2008, as follows:

1.

 

If the MD Agreement provides that severance or separation payments are contingent upon the execution of a Release Agreement, then the MD


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more