Common use of ALLOCATION OF TAX DEDUCTIONS Clause in Contracts

ALLOCATION OF TAX DEDUCTIONS. All federal, state and local tax deductions arising out of the exercise of any Option shall be allocated to the employer. Each of Arbitron and New Ceridian shall take such further steps are necessary or appropriate to implement this allocation of the tax deductions and shall act consistently with this allocation for all tax purposes.

Appears in 5 contracts

Samples: Personnel Agreement (New Ceridian Corp), Personnel Agreement (New Ceridian Corp), Personnel Agreement (New Ceridian Corp)

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