Tax Disclaimer. You agree that you are responsible for consulting your own tax advisor as to the tax consequences associated with the grant and vesting of your RSUs. The tax rules governing RSUs are complex, change frequently and depend on the individual taxpayer’s situation. By accepting this grant of RSUs, you acknowledge that any tax liability or other adverse tax consequences to you resulting from the grant or vesting of the RSUs will be the responsibility of, and will be borne entirely by, you. YOU ARE THEREFORE ENCOURAGED TO CONSULT YOUR OWN TAX ADVISOR BEFORE ACCEPTING THE GRANT OF THESE RSUS.
Tax Disclaimer. Notwithstanding anything herein to the contrary, Investor (and each employee, representative or agent of Investor) may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of the potential investment and all materials of any kind (including tax opinions or other tax analyses) that are provided to such party relating to such tax treatment and tax structure. However, any information relating to the U.S. federal income tax treatment or tax structure shall remain subject to the confidentiality provisions hereof (and the foregoing sentence shall not apply) to the extent reasonably necessary to enable any person to comply with applicable securities laws. For this purpose, “tax treatment” means U.S. federal income tax treatment, and “tax structure” is limited to any facts relevant to the U.S. federal income tax treatment of the potential investment but shall not include information regarding the identity of the parties thereto.
Tax Disclaimer. The Parties hereby agree that the Board makes no representations regarding the impact of the post- retirement severance payment on the employee’s tax obligations. Any and all determinations regarding income taxes and other related tax issues shall be made by the Internal Revenue Service and other applicable governmental authority. The District shall withhold and report all taxable income pursuant to its requirements under the Internal Revenue Code and applicable regulations and guidance.
Tax Disclaimer. In order to comply with Treasury Department regulations, we advise you that this Plan Description is not intended to constitute, nor does it constitute, legal or tax advice. This Plan Description was developed to support the marketing of the Plan and cannot be relied upon for purposes of avoiding the payment of federal tax penalties. You should consult your legal or tax adviser about the impact of these rules on your individual situation.
Tax Disclaimer. Southern First Bank does not offer tax, legal or accounting advice. Please be advised that you should consult with a tax professional and/or lawyer regarding your rights and obligations under this Agreement and the treatment of any rebates issued by the Bank. By the execution hereof, you acknowledge and agree that the Bank has made no representations or warranties to you in connection with this Agreement or the Commercial Card Rebate Agreement, and you acknowledge and agree that the Bank shall not be held liable or responsible for making such information available to you or for any tax or other financial consequences related thereto.
Tax Disclaimer. The Shareholder hereby represents and warrants that it has neither received nor relied on any tax or legal advice from Artex SAC or its representatives regarding the tax treatment of insurance premiums, other payments or distributions under this Agreement, or the Retrocession Agreement, and further recognises that the tax treatment of Net Assumed Premium, Investment Income and distributions is an issue which the Shareholder shall determine on their own behalf. Artex SAC hereby acknowledges and agrees that the Shareholder has explicitly relied, and is entitled to so rely, on the representations, warranties and covenants contained in clauses 3.16 through 3.18 hereof in entering into this Agreement and as a condition precedent to the execution, delivery and performance of this Agreement by the Shareholder.
Tax Disclaimer. You agree that you are responsible for consulting your own tax advisor as to the tax consequences associated with your Option. The tax rules governing options are complex, change frequently and depend on the individual taxpayer’s situation. For your information, a memorandum that briefly summarizes current U.S. federal income tax law relating to certain aspects of stock options is attached hereto as Exhibit B. Please note that this memorandum does not purport to be complete. Although the Company will make available to you general tax information about stock options, you agree that the Company shall not be held liable or responsible for making such information available to you or for any tax or financial consequences that you may incur in connection with your Option. In addition, as noted in Exhibit B, options granted at a discount from fair market value may be considered “deferred compensation” subject to adverse tax consequences under Section 409A of the Code. The Board has made a good faith determination that the exercise price per share of the Option is not less than the fair market value of the Shares underlying your Option on the Date of Grant. It is possible, however, that the Internal Revenue Service could later challenge that determination and assert that the fair market value of the Shares underlying your Option was greater on the Date of Grant than the exercise price determined by the Board, which could result in immediate income tax upon the vesting of your Option (whether or not exercised) and a 20% tax penalty, as well as the loss of incentive stock option status (if applicable). The Company gives no assurance that such adverse tax consequences will not occur and specifically assumes no responsibility therefor. By accepting this Option, you acknowledge that any tax liability or other adverse tax consequences to you resulting from the grant of the Option will be the responsibility of, and will be borne entirely by, you. YOU ARE THEREFORE ENCOURAGED TO CONSULT YOUR OWN TAX ADVISOR BEFORE ACCEPTING THE GRANT OF THIS OPTION.
Tax Disclaimer. You agree that you are responsible for consulting your own tax advisor as to the tax consequences associated with the grant and vesting of your PSUs. The tax rules governing PSUs are complex, change frequently and depend on the individual taxpayer’s situation. By accepting this grant of PSUs, you acknowledge that any tax liability or other adverse tax consequences to you resulting from the grant or vesting of the PSUs will be the responsibility of, and will be borne entirely by, you. YOU ARE THEREFORE ENCOURAGED TO CONSULT YOUR OWN TAX ADVISOR BEFORE ACCEPTING THE GRANT OF THESE PSUS.
Tax Disclaimer. We make no representations or warranties concerning the treatment of this Agreement or any Policy under any federal, state or local tax law. The Company Applicant will seek and rely on the advice of its own tax professionals.
Tax Disclaimer. If the IRS challenges the University’s interpretation of the Internal Revenue Code with regard to tuition benefits, you may be liable for income tax on the cash value of the benefits, plus any penalty and interest assessed. Please consult your tax advisor for specific IRS tax regulations. For more information about the benefit please see the following link. xxxx://xx.xxxxxxxx.xxx/benefits/tuition/exemption-supstaff/elig/glance
