Common use of Liability for Taxes Clause in Contracts

Liability for Taxes. Employer shall have no liability for any tax obligation of Executive attributable to any payment made under this Agreement except for customary federal and state withholding taxes (e.g., social security, Medicare, etc.). Employer may withhold from any such payment such amounts as may be required by applicable provisions of the Internal Revenue Code, other tax laws, and the rules and regulations of the Internal Revenue Service and other tax agencies, as in effect at the time of any such payment.

Liability for Taxes. Employer shall have no liability for any tax obligation of Executive Employee attributable to any payment made under this Agreement except for customary federal and state withholding taxes (e.g., social security, Medicare, etc.). Employer may withhold from any such payment such amounts as may be required by applicable provisions of the Internal Revenue Code, other tax laws, and the rules and regulations of the Internal Revenue Service and other tax agencies, as in effect at the time of any such payment.

Liability for Taxes. Employer shall have no liability for any tax obligation liability of Executive attributable to any payment made under this Agreement except for customary employer's liability for federal and state withholding employee taxes (e.g., social security, Medicare, etc.). Employer may withhold from any such payment such amounts as may be required by applicable provisions of the Internal Revenue Code, other tax laws, and the rules and regulations of the Internal Revenue Service and other tax agencies, as in effect at the time of any such payment.

Liability for Taxes. The Employer shall have no liability for any tax obligation liability of Executive attributable to any payment made under this Agreement except for customary employer liability for federal and state withholding employee taxes (e.g., social security, Medicare, etc.). The Employer may withhold from any such payment such amounts as may be required by applicable provisions of the Internal Revenue Code, other tax laws, and the rules and regulations of the Internal Revenue Service and other tax agencies, as agencies in effect at the time of any such payment.