Common use of Professional Advice Clause in Contracts

Professional Advice. The acceptance of the PRSUs may have consequences under federal and state tax and securities laws that may vary depending upon the individual circumstances of the Executive. Accordingly, the Executive acknowledges that the Executive has been advised to consult the Executive’s personal legal and tax advisors in connection with this Agreement and the PRSUs.

Appears in 22 contracts

Sources: Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.)

Professional Advice. The acceptance of the PRSUs may have consequences under federal and state tax and securities laws that may vary depending upon the individual circumstances of the Executive. Accordingly, the Executive acknowledges that the Executive has been advised to consult with the Executive’s personal legal and tax advisors in connection with this Agreement and the PRSUs.

Appears in 5 contracts

Sources: Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.), Employment Agreement (Sirius Xm Holdings Inc.)

Professional Advice. The acceptance of the PRSUs may have consequences under federal and state tax and securities laws that may vary depending upon the individual circumstances of the Executive. Accordingly, the Executive acknowledges that the Executive has been advised to consult the Executive’s his personal legal and tax advisors in connection with this Agreement and the PRSUs.

Appears in 1 contract

Sources: Employment Agreement (Sirius Xm Holdings Inc.)

Professional Advice. The acceptance of the PRSUs may have consequences under federal and state tax and securities laws that may vary depending upon the individual circumstances of the ExecutiveEmployee. Accordingly, the Executive Employee acknowledges that the Executive Employee has been advised to consult the ExecutiveEmployee’s personal legal and tax advisors in connection with this Agreement and the PRSUs.

Appears in 1 contract

Sources: Performance Based Restricted Stock Unit Agreement (Sirius Xm Holdings Inc.)