Common use of 280G Matters Clause in Contracts

280G Matters. a. Anything in this Agreement to the contrary notwithstanding, in the event that the Accounting Firm shall determine that receipt of all Payments would subject Executive to tax under Section 4999 of the Code, the Accounting Firm shall determine whether some amount of Agreement Payments meets the definition of “Reduced Amount.” If the Accounting Firm determines that there is a Reduced Amount, then the aggregate Agreement Payments shall be reduced to such Reduced Amount.

Appears in 6 contracts

Samples: Amended and Restated Employment Agreement (Virtu Financial, Inc.), Amended and Restated Employment Agreement (Virtu Financial, Inc.), Amended and Restated Employment Agreement (Virtu Financial, Inc.)

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