Common use of PAYMENT OF TAX GROSS Clause in Contracts

PAYMENT OF TAX GROSS. UP PAYMENT IN CASH. If Restricted Matching Shares become Vested pursuant to Section 5.2, then the Company shall pay the Tax Gross-Up Payment to Participant (or to Participant's estate in the event of the death of Participant) in a single, lump sum cash payment.

Appears in 4 contracts

Samples: Restricted Share Agreement (Core Laboratories N V), Restricted Share Agreement (Core Laboratories N V), Restricted Share Agreement (Core Laboratories N V)

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