Common use of I know that I may have tax liability due to the uncertain value of the Tokens Clause in Contracts

I know that I may have tax liability due to the uncertain value of the Tokens. I understand that the board of directors believes its valuation of the Tokens represents a fair appraisal of their worth, but that it remains possible that, with the benefit of hindsight, the Internal Revenue Service (“IRS”) may successfully assert that the value of the Tokens on the date of my receipt is substantially greater than the board of directors’ appraisal. I understand that any additional value ascribed to the Tokens by such an IRS determination will constitute ordinary income to me as of the receipt date, and that any additional taxes and interest due as a result will be my sole responsibility payable only by me, and that Props PBC need not and will not reimburse me for that tax liability.

I know that I may have tax liability due to the uncertain value of the Tokens. I understand that the board of directors believes its valuation of the Tokens represents a fair appraisal of their worth, but that it remains possible that, with the benefit of hindsight, the Internal Revenue Service (“IRS”) may successfully assert that the value of the Tokens on the date of my receipt purchase is substantially greater than the board of directors’ appraisal. I understand that any additional value ascribed to the Tokens by such an IRS determination will constitute ordinary income to me as of the receipt purchase date, and that any additional taxes and interest due as a result will be my sole responsibility payable only by me, and that Props PBC the Company need not and will not reimburse me for that tax liability.

I know that I may have tax liability due to the uncertain value of the Tokens. I understand that the board of directors Board believes its valuation of the Tokens represents a fair appraisal of their worth, but that it remains possible that, with the benefit of hindsight, the Internal Revenue Service (“IRS”) may successfully assert that the value of the Tokens on the date of my receipt purchase is substantially greater than the board of directors’ appraisal. I understand that any additional value ascribed to the Tokens by such an IRS determination will constitute ordinary income to me as of the receipt purchase date, and that any additional taxes and interest due as a result will be my sole responsibility payable only by me, and that Props PBC the Company need not and will not reimburse me for that tax liability.