Common use of Notification Required Clause in Contracts

Notification Required. Employee shall notify the Company in writing of any claim by the Internal Revenue Service that, if successful, would require the payment by the Company of the Gross-Up Payment. Such notification shall be given as soon as practicable but no later than ten (10) business days after Employee knows of such claim and shall apprise the Company of the nature of such claim and the date on which such claim is requested to be paid. Employee shall not pay such claim prior to the expiration of the thirty (30) day period following the date on which it gives such notice to the Company (or such shorter period ending on the date that any payment of taxes with respect to such claim is due). If the Company notifies Employee in writing prior to the expiration of such period that it desires to contest such claim, Employee shall:

Appears in 7 contracts

Samples: Employment Agreement (MBOW Four Star, L.L.C.), Employment Agreement (EP Energy Corp), Employment Agreement (MBOW Four Star, L.L.C.)

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Notification Required. Employee The Executive shall notify the Company in writing of any claim by the Internal Revenue Service that, if successful, would require the payment by the Company of the Gross-Up Payment. Such notification shall be given as soon as practicable but no later than ten (10) business days after Employee the Executive knows of such claim and shall apprise the Company of the nature of such claim and the date on which such claim is requested to be paid. Employee The Executive shall not pay such claim prior to the expiration of the thirty (30thirty-(30) day period following the date on which it he or she gives such notice to the Company (or such shorter period ending on the date that any payment of taxes with respect to such claim is due). If the Company notifies Employee the Executive in writing prior to the expiration of such period that it desires to contest such claim, Employee the Executive shall:

Appears in 6 contracts

Samples: Executive Severance Agreement (Trinity Industries Inc), Executive Severance Agreement (Trinity Industries Inc), Executive Severance Agreement (Trinity Industries Inc)

Notification Required. Employee The Executive shall notify the Company in writing of any claim by the Internal Revenue Service that, if successful, would require the payment by the Company of the Gross-Up Payment. Such notification shall be given as soon as practicable but no later than ten (10) business days after Employee the Executive knows of such claim and shall apprise the Company of the nature of such claim and the date on which such claim is requested to be paid. Employee The Executive shall not pay such claim prior to the expiration of the thirty (30) thirty-day period following the date on of which it gives such notice to the Company (or such shorter period ending SCHEDULE A (CONT) on the date that any payment of taxes with respect to such claim is due). If the Company notifies Employee the Executive in writing prior to the expiration of such period that it desires to contest such claim, Employee the Executive shall:

Appears in 4 contracts

Samples: Employment Agreement (Paragon Trade Brands Inc), Employment Agreement (Paragon Trade Brands Inc), Employment Agreement (Paragon Trade Brands Inc)

Notification Required. Employee The Executive shall notify the Company in writing of any claim by the Internal Revenue Service that, if successful, would require the payment by the Company of the Gross-Up Adjustment Payment. Such notification shall be given as soon as practicable but no later than ten thirty (1030) business days after Employee the Executive knows of such claim and shall apprise the Company of the nature of such claim and the date on which such claim is requested to be paid. Employee The Executive shall not pay such claim prior to the expiration of the thirty (30) day 30)-day period following the date on which it gives such notice to the Company (or such shorter period ending on the date that any payment of taxes with respect to such claim is due). If the Company notifies Employee the Executive in writing prior to the expiration of such period that it desires to contest such claim, Employee the Executive shall:

Appears in 1 contract

Samples: Employment Agreement (Imation Corp)

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Notification Required. Employee The Executive shall notify the Company in writing of any claim by the Internal Revenue Service that, if successful, would require the payment by the Schedule B (CONT) Company of the Gross-Up Payment. Such notification shall be given as soon as practicable but no later than ten (10) business days after Employee the Executive knows of such claim and shall apprise the Company of the nature of such claim and the date on which such claim is requested to be paid. Employee The Executive shall not pay such claim prior to the expiration of the thirty (30) thirty-day period following the date on of which it gives such notice to the Company (or such shorter period ending on the date that any payment of taxes with respect to such claim is due). If the Company notifies Employee the Executive in writing prior to the expiration of such period that it desires to contest such claim, Employee the Executive shall:

Appears in 1 contract

Samples: Employment Agreement (Paragon Trade Brands Inc)

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