Page:Emergency Economic Stabilization Act of 2008.djvu/107

 O:kiYOkiYO0 8 C0 4.xaxd 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 107 ployment of a covered executive, and any ref- erence to a payment contingent on such a change shall be treated as a reference to any payment made during an applicable taxable year of the employer on account of such appli- cable severance from employment. "(C) Any reference to a corporation shall be treated as a reference to an applicable em- ployer. "(D) The provisions of subsections (b)(2)(C), (b)(4), (b)(5), and (d)(5) shall not apply. "(2) DEFINITIONS AND SPECIAL RULES. For purposes of this subsection: "(A) DEFINITIONS.--Any term used in this subsection which is also used in section 162(m)(5) shall have the meaning given such term by such section. "(B) APPLICULE SEVERANCE FOn PLOYMENT. The term 'applicable severance from employment' means any severance from employment of' a covered executive-- "(i) by reason of an involuntaT ter- mination of the executive by the employer, or

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