REVENUE,TAXATION,CODE,DIVISION 2,TAXES,HEADING,PERSONAL INCOME TAX,CHAPTER,DEFERRED COMPENSATION,CHAPTER 1,SUBTITLE,INTERNAL REVENUE CODE,SHALL,APPLY,EXCEPT,NOTWITHSTANDING,DATE,PARAGRAPH,SUBDIVISION,SECTION,PENSION,STOCK,BONUS,PLANS,PART III,RULES,MINIMUM,FUNDING,STANDARDS,BENEFIT,LIMITATIONS,EXTENT,FEDERAL,INCOME TAX,C,MAXIMUM,AMOUNT,ELECTIVE,DEFINED,GROSS INCOME,STATE,EXCEED,JANUARY 1,BEGINNING,AFTER JANUARY,BASIS,PERSON,THE PLAN,ACCOUNT,ANNUITY,APPLICATION,MANNER,INCOME,FEDERAL AND STATE,WHOSE,BY OPERATION OF LAW,EFFECTIVE,THE AMENDMENTS,ECONOMIC GROWTH AND TAX RELIEF,RECONCILIATION,ACT OF,PUBLIC LAW,PROVISIONS,FEDERAL LAW,PART 11,SECTION 230,WITH RESPECT TO,DECEMBER 31,ANNUITIES,CERTAIN,INSURANCE CONTRACTS,RETIREMENT SAVINGS,PROFIT SHARING,BENEFICIARY,EMPLOYEES,TRUST E,EMPLOYEE,INDIVIDUAL RETIREMENT ACCOUNTS,LIMITATIONS ON,BENEFITS,CONTRIBUTION,LOCAL GOVERNMENTS,TAX EXEMPT,ORGANIZATIONS,SUBSECTIONS,TAX REFORM ACT OF 1986,APRIL 26,TRUSTEE,ADDITION,PART II,OPTIONS,PARAGRAPHS,CALIFORNIA,STOCK OPTION,EARNED INCOME,THE CORPORATION,WHICH THAT,OPTION,EXERCISED,FORTY,THOUSAND,DOLLARS,THE EVENT,MEET,NECESSARY,NONQUALIFIED STOCK OPTION,MEANS,DESIGNATED,CORPORATION,THE EMPLOYEE,EMPLOYED,MONTHS,ONE YEAR,PERMANENTLY,TOTALLY,DISABLED,SECTION 22,CLASS,SHARES,COMBINATION,NUMBER,EXERCISE,TOTAL,OF 1,FAIR MARKET VALUE,LESS THAN ONE,HUNDRED THOUSAND,THE COMBINED,DETERMINED,AS OF,TAKING,THE ORDER,THE CASE,DISPOSITION,ACQUIRED,DEDUCTION,THE EMPLOYER,THE GRANT,ELECTION,YEAR OF,TRANSFER,OCTOBER 3,BENEFICIARIES,TRUSTS,TRANSACTIONS,TRUST,CONTRIBUTIONS,PRIOR,PREDECESSOR,STATUTES,SPECIAL,SELF EMPLOYED,INDIVIDUALS,TAX,LUMP SUM,ACCORDANCE,RATES,BRACKETS,LIEU,THE LUMP,TAX IMPOSED,REFER TO,RATHER,SECTION 1 OF THE INTERNAL,TAX RATE,OF 5,PERCENT,TAXPAYER,ELECT,AVERAGING,METHOD,OCTOBER 6,SEPTEMBER 30,BE INCORPORATED,PLAN,IN EXISTENCE,INTERNAL REVENUE CODE OF 1954,RETIREMENT,SECURITY,NET INCOME ATTRIBUTABLE,THE 1975,SIMPLIFIED EMPLOYEE PENSION,THE NET,DEDUCTIBLE,ELIGIBLE,PURCHASE,THE RULES,RECOVERY OF BASIS,GOVERNED,THE REPORT,FILED,THE SECRETARY,THE TREASURY,THE FRANCHISE,BOARD,SAME TIME,DEFINITIONS,INDIVIDUAL RETIREMENT,THE INFORMATION,REPORTED,THE RETURN,JUNE 16,SECTION 409A,PHRASE,FIVE PERCENT,LIABILITY,DO NOT,THRIFT,SAVINGS,FUNDS,