Common use of Executive Compensation Tax Clause in Contracts

Executive Compensation Tax. The Company does not have, or will not have as a result of the transactions contemplated by this Agreement, any liabilities for Taxes (for example under Section 280G of the Code) as a result of the amount of remuneration paid or to be paid to its employees.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Tut Systems Inc), Agreement and Plan of Reorganization (Cybergold Inc), Agreement and Plan of Reorganization (Tut Systems Inc)

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Executive Compensation Tax. The Company does not have, or nor will not it have as a result of the transactions contemplated by this Agreementhereby, any liabilities for Taxes (for example example, under Section 280G of the Code) as a result of the amount of remuneration paid or to be paid to its employees.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Digital Generation Systems Inc), Stock Purchase Agreement (Indenet Inc)

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Executive Compensation Tax. The Company does not have, or will -------------------------- not have as a result of the transactions contemplated by this Agreement, any liabilities for Taxes (for example under Section 280G of the Code) as a result of the amount of remuneration paid or to be paid to its employees.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Tut Systems Inc)

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