Common use of No Obligation to Minimize Taxes Clause in Contracts

No Obligation to Minimize Taxes. The Company has no duty or obligation to minimize the tax consequences of this Award to the Recipient and will not be liable to the Recipient for any adverse tax consequences arising in connection with this Award. The Recipient has been advised to consult with his own personal tax, financial and/or legal advisors regarding the tax consequences of this Award.

Appears in 15 contracts

Samples: Restricted Stock Unit Agreement (Unusual Machines, Inc.), Restricted Stock Unit Agreement (Giga Tronics Inc), Restricted Stock Unit Agreement (Enviro Technologies U.S., Inc.)

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No Obligation to Minimize Taxes. The Company has no duty or obligation to minimize the tax consequences of this Award to the Recipient and will not be liable to the Recipient for any adverse tax consequences arising in connection with this Awardthe delivery of the common stock. The Recipient has been advised to consult with his own personal tax, financial and/or legal advisors regarding the tax consequences of this Awardaward.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (TimefireVR Inc.)

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No Obligation to Minimize Taxes. The Company has no duty or obligation to minimize the tax consequences to Participant of this Award to the Recipient and will shall not be liable to the Recipient Participant for any adverse tax consequences to Participant arising in connection with this Award. The Recipient has been Participant is hereby advised to consult with his or her own personal tax, financial and/or legal advisors regarding the tax consequences of this Award.Award and by signing the Grant Notice, has agreed that he or she has done so or knowingly and voluntarily declined to do so. * * * * *

Appears in 1 contract

Samples: Performance Stock Award Agreement (Broadsoft, Inc.)

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