Common use of Excise Tax Payments Clause in Contracts

Excise Tax Payments. The Company and the Employee agree that the Employee’s rights to benefits hereunder are subject to reduction in accordance with the provisions of Section 9(e) of the Company’s 2010 Equity Incentive Plan.

Appears in 7 contracts

Samples: Retention Agreement (Neophotonics Corp), Retention Agreement (Neophotonics Corp), Retention Agreement (Neophotonics Corp)

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Excise Tax Payments. The Company and the Employee agree that the Employee’s rights to benefits hereunder are subject to reduction in accordance with the provisions of Section 9(e) (that is, “Parachute Payments”) of the Company’s 2010 Equity Incentive Plan.

Appears in 6 contracts

Samples: Severance Rights Agreement (Neophotonics Corp), Severance Rights Agreement (Neophotonics Corp), Severance Rights Agreement (Neophotonics Corp)

Excise Tax Payments. The Company and the Employee agree that the Employee’s rights to benefits hereunder are subject to reduction in accordance with the provisions of Section 9(e) (that is, “Parachute Payments”) of the Company’s 2010 Equity Incentive Plan.

Appears in 1 contract

Samples: Severance Rights Agreement (Neophotonics Corp)

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Excise Tax Payments. The Company and the Employee agree that the Employee’s rights to benefits hereunder are subject to reduction in accordance with the provisions of Section 9(e) of the Company’s 2010 Equity Incentive Plan. 7.

Appears in 1 contract

Samples: Corporation Retention Agreement (Neophotonics Corp)

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