specified employee

German translation: „Specified Employee“ (benannte angestellte Person)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:specified employee
German translation:„Specified Employee“ (benannte angestellte Person)
Entered by: Katja Schoone

16:41 Jan 11, 2020
English to German translations [PRO]
Bus/Financial - Finance (general) / RSU Agreement
English term or phrase: specified employee
Notwithstanding anything herein to the contrary, in the event that the Grantee is determined to be a *specified employee* within the meaning of Section 409A of the Code, payment on account of termination of employment shall be made on the earlier of the first payroll date which is more than six months following the date of the Grantee’s termination of employment, or the Grantee’s death, in any event only to the extent required to avoid any adverse tax consequences under Section 409A of the Code.

Habe keine eindeutige Entsprechung i.V.m. § 409A gefunden.

TIA
Katja Schoone
Germany
Local time: 07:11
„Specified Employee“ (benannte angestellte Person)
Explanation:
Ich würde das so ausdrücken, damit der geneigte Leser die Stelle im IRC leichter findet:
I.R.C. § 409A(a)(2)(B)(i) Specified Employees — In the case of any specified employee, the requirement of subparagraph (A)(i) is met only if distributions may not be made before the date which is 6 months after the date of separation from service (or, if earlier, the date of death of the employee). For purposes of the preceding sentence, a specified employee is a key employee (as defined in section 416(i) without regard to paragraph (5) thereof) of a corporation any stock in which is publicly traded on an established securities market or otherwise.
Selected response from:

Daniel Gebauer
Spain
Local time: 07:11
Grading comment
Merci!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1„Specified Employee“ (benannte angestellte Person)
Daniel Gebauer
Summary of reference entries provided
spezifizierter Angestellter
José Patrício

Discussion entries: 4





  

Answers


38 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
„Specified Employee“ (benannte angestellte Person)


Explanation:
Ich würde das so ausdrücken, damit der geneigte Leser die Stelle im IRC leichter findet:
I.R.C. § 409A(a)(2)(B)(i) Specified Employees — In the case of any specified employee, the requirement of subparagraph (A)(i) is met only if distributions may not be made before the date which is 6 months after the date of separation from service (or, if earlier, the date of death of the employee). For purposes of the preceding sentence, a specified employee is a key employee (as defined in section 416(i) without regard to paragraph (5) thereof) of a corporation any stock in which is publicly traded on an established securities market or otherwise.


Daniel Gebauer
Spain
Local time: 07:11
Specializes in field
Native speaker of: Native in SpanishSpanish, Native in GermanGerman
PRO pts in category: 207
Grading comment
Merci!

Peer comments on this answer (and responses from the answerer)
agree  Steffen Walter
16 hrs
  -> Dankö!
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Reference comments


1 hr
Reference: spezifizierter Angestellter

Reference information:
spezifizierter durch die Bedeutung von Abschnitt 409A des Kodexes Angestellter
spezifiziert durch Zeilentyp - https://www.linguee.de/deutsch-englisch/uebersetzung/spezifi...

José Patrício
Portugal
Native speaker of: Native in PortuguesePortuguese
PRO pts in category: 4
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