of the Code. The intent of the parties is that the Company shall be solely responsible for, and shall pay, any Excise Tax on any Payment and Gross-Up Payment and any income and employment taxes (including, without limitation, penalties and interest) imposed on any Gross-Up Payment, and shall be liable for any loss of tax deduction caused by the Gross-Up Payment.
Appears in 5 contracts
Samples: Employment Agreement (Fisher Scientific International Inc), Employment Agreement (Fisher Scientific International Inc), Employment Agreement (Fisher Scientific International Inc)
of the Code. The intent of the parties is that the Company shall be solely responsible for, and shall pay, any Excise Tax on any Payment and Gross-Up Payment and any income and employment taxes (including, without limitation, penalties and interest) imposed on any Gross-Up Payment, and shall be liable for as well as any loss of tax deduction caused by the Gross-Up Payment.
Appears in 2 contracts
Samples: Employment Agreement (Graphic Packaging International Corp), Employment Agreement (Graphic Packaging International Corp)
