Common use of Code Sections 280G and 4999 Clause in Contracts

Code Sections 280G and 4999. The limitations of this section will in all events be interpreted in such manner as to avoid the imposition of excise taxes under Code Section 4999, and the disallowance of deductions under Code Section 280G(a), with respect to any of the benefits paid pursuant to this Agreement.

Appears in 6 contracts

Sources: Severance Agreement (Cascade Corp), Severance Agreement (Cascade Corp), Severance Agreement (Cascade Corp)