O:kiYOkiYO08C04.xml 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 100 "(ii) in the case of deferred deduction executive remuneration for any taxable year for se?wices pe?Tormed during any ap- plicable taxable year by a covered execu- tive, to the extent that the amount of such remuneration exceeds $500,000 reduced (but not below zero) by the sum of--- "(I) the executive remuneration for such applicable taxable year, plus "(II) the pm?ion of the deferred deduction executive remuneration for such se?wices which was taken into ac- count under this clause in a preceding taxable year. "(B) APPLICABLE EMPLOYER.--For pur- poses of this paragraph-- "(i) IN GENE?A?.--Except as pro- vided in clause (ii), the term 'applicable employer' means any employer from whom 1 or more troubled assets are acquired under a program established by the See- reta?y under section 101(a) of the Emer- gency Economic Stabilization Act of 2008 if the aggregate amount of the assets so
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