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 to you of this Award and will not be liable to you for any adverse tax consequences to you arising in connection with this Award. You are hereby advised to consult with your own personal tax, financial and/or legal advisors regarding the tax consequences of this Award and by signing the Grant Notice, you have agreed that you have done so or knowingly and voluntarily declined to do so.

Appears in 6 contracts

Samples: Option Agreement (Apricus Biosciences, Inc.), Performance Stock Unit Award Agreement (Gran Tierra Energy Inc.), Stock Unit Award Agreement (Gran Tierra Energy Inc.)

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

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Horizon Pharma, Inc.)

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