Common use of Subsequent Determinations Clause in Contracts

Subsequent Determinations. If the Internal Revenue Service subsequently and finally determines that the amount of compensation and benefits (including after the reduction applied under Section 3.4(a)) will result in the imposition of Excise Taxes, the Executive will immediately remit an additional amount to the Change Entity equal to the difference between the amount paid (other than the Welfare Benefit Replacement Cost and those amounts described in Sections 5.7 and 5.11) and the minimum amount necessary to avoid the imposition of Excise Taxes.

Subsequent Determinations. If the Internal Revenue Service subsequently and finally determines decides that the amount of compensation and benefits (including after the reduction applied under this Section 3.4(a)5) will result in the imposition of Excise Taxes, the Executive will immediately remit an additional amount to the Change Entity equal to the difference between the amount paid (other than the Welfare Benefit Replacement Cost and those amounts described in Sections 5.7 and 5.11) and the minimum amount necessary to avoid the imposition of Excise Taxes.

Subsequent Determinations. If the Internal Revenue Service subsequently and finally determines that the amount of compensation and benefits (including after the reduction applied under Section 3.4(a3.3(a)) will result in the imposition of Excise Taxes, the Executive will immediately remit an additional amount to the Change Entity equal to the difference between the amount paid (other than the Welfare Benefit Replacement Cost and those amounts described in Sections 5.7 and 5.11) and the minimum amount necessary to avoid the imposition of Excise Taxes.