Common use of Tax Implications Clause in Contracts

Tax Implications. The provision of Bonus, severance and/or any other compensation and benefits described or contemplated in this Agreement may have significant personal tax implications or consequences for Executive. Executive expressly acknowledges and understands that neither the Company nor any of its agents, representatives, officers, directors, members, investors, managers, employees, attorneys, or any other person or entity acting on behalf of the Company has made any representation to Executive or provided any advice to Executive concerning any tax implications or consequences of any of the benefits or compensation contemplated under this Agreement. Executive acknowledges and understands that he is obligated to obtain his own tax advice pertaining to the tax implications and consequences to him of any of the terms of this Agreement, and that Executive must satisfy himself concerning the scope and adequacy of such advice. Agreed as of the first date written above: COMPANY: Monster Digital, Inc. By: /s/ Dxxxx X. Xxxxxx Name: Dxxxx X. Xxxxxx Title: Chief Executive Officer EXECUTIVE: /s/ Mxxx Xxxxxxx Mxxx Xxxxxxx EXHIBIT A

Appears in 1 contract

Samples: Executive Employment Agreement (Monster Digital, Inc.)

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Tax Implications. The provision of Bonus, severance and/or any other compensation and benefits described or contemplated in this Agreement may have significant personal tax implications or consequences for Executive. Executive expressly acknowledges and understands that neither the Company nor any of its agents, representatives, officers, directors, members, investors, managers, employees, attorneys, or any other person or entity acting on behalf of the Company has made any representation to Executive or provided any advice to Executive concerning any tax implications or consequences of any of the benefits or compensation contemplated under this Agreement. Executive acknowledges and understands that he is obligated to obtain his own tax advice pertaining to the tax implications and consequences to him of any of the terms of this Agreement, and that Executive must satisfy himself himself/herself concerning the scope and adequacy of such advice. Agreed effective as of the first date written above: COMPANY: Monster Digital, CaliberCos Inc. ByBY: /s/ Dxxxx X. Xxxxxx Jxxxxxxx Xxxxxxxx Name: Dxxxx X. Xxxxxx Jxxxxxxx Xxxxxxxx Title: Chief Executive Officer President & COO EXECUTIVE: /s/ Mxxx Xxxxxxx Mxxx Xxxxxxx EXHIBIT ACxxxx Xxxxxxxx Cxxxx Xxxxxxxx

Appears in 1 contract

Samples: Executive Employment Agreement (CaliberCos Inc.)

Tax Implications. The provision of Bonus, severance and/or any other compensation and benefits described or contemplated in this Agreement may have significant personal tax implications or consequences for Executive. Executive expressly acknowledges and understands that neither the Company nor any of its agents, representatives, officers, directors, members, investors, managers, employees, attorneys, or any other person or entity acting on behalf of the Company has made any representation to Executive or provided any advice to Executive concerning any tax implications or consequences of any of the benefits or compensation contemplated under this Agreement. Executive acknowledges and understands that he is obligated to obtain his own tax advice pertaining to the tax implications and consequences to him of any of the terms of this Agreement, and that Executive must satisfy himself himself/herself concerning the scope and adequacy of such advice. Agreed effective as of the first date written above: COMPANY: Monster Digital, CaliberCos Inc. By: /s/ Dxxxx X. Xxxxxx Jxxxxxxx Xxxxxxxx Name: Dxxxx X. Xxxxxx Jxxxxxxx Xxxxxxxx Title: Chief Executive Officer President / COO EXECUTIVE: /s/ Mxxx Xxxxxxx Mxxx Xxxxxxx EXHIBIT ARxx Xxxx Rxx Xxxx

Appears in 1 contract

Samples: Executive Employment Agreement (CaliberCos Inc.)

Tax Implications. The provision of Bonus, severance and/or any other compensation and benefits described or contemplated in this Agreement may have significant personal tax implications or consequences for Executive. Executive expressly acknowledges and understands that neither the Company nor any of its agents, representatives, officers, directors, members, investors, managers, employees, attorneys, or any other person or entity acting on behalf of the Company has made any representation to Executive or provided any advice to Executive concerning any tax implications or consequences of any of the benefits or compensation contemplated under this Agreement. Executive acknowledges and understands that he is obligated to obtain his own tax advice pertaining to the tax implications and consequences to him of any of the terms of this Agreement, and that Executive must satisfy himself concerning the scope and adequacy of such advice. Agreed as of the first date written above: COMPANY: Monster Digital, Inc. By: /s/ Dxxxx X. Xxxxxx Name: Dxxxx X. Xxxxxx Title: Chief Executive Officer EXECUTIVE: /s/ Mxxx Xxxxxxx Mxxx Xxxxxxx Dxxxx Xxxxx Dxxxx Xxxxx EXHIBIT A

Appears in 1 contract

Samples: Executive Employment Agreement (Monster Digital, Inc.)

Tax Implications. The provision of Bonus, severance and/or any other compensation and benefits described or contemplated in this Agreement may have significant personal tax implications or consequences for Executive. Executive expressly acknowledges and understands that neither the Company nor any of its agents, representatives, officers, directors, members, investors, managers, employees, attorneys, or any other person or entity acting on behalf of the Company has made any representation to Executive or provided any advice to Executive concerning any tax implications or consequences of any of the benefits or compensation contemplated under this Agreement. Executive acknowledges and understands that he is obligated to obtain his own tax advice pertaining to the tax implications and consequences to him of any of the terms of this Agreement, and that Executive must satisfy himself concerning the scope and adequacy of such advice. Agreed as of the first date written above: COMPANY: Monster Digital, Inc. By: /s/ Dxxxx X. Xxxxxx Name: Dxxxx X. Xxxxxx Title: Chief Executive Officer EXECUTIVE: /s/ Mxxx Nxxx Xxxxxxx Mxxx Nxxx Xxxxxxx EXHIBIT A

Appears in 1 contract

Samples: Executive Employment Agreement (Monster Digital, Inc.)

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Tax Implications. The provision of Bonus, severance and/or any other compensation and benefits described or contemplated in this Agreement may have significant personal tax implications or consequences for Executive. Executive expressly acknowledges and understands that neither the Company nor any of its agents, representatives, officers, directors, members, investors, managers, employees, attorneys, or any other person or entity acting on behalf of the Company has made any representation to Executive or provided any advice to Executive concerning any tax implications or consequences of any of the benefits or compensation contemplated under this Agreement. Executive acknowledges and understands that he is obligated to obtain his own tax advice pertaining to the tax implications and consequences to him of any of the terms of this Agreement, and that Executive must satisfy himself concerning the scope and adequacy of such advice. Agreed as of the first date written above: COMPANY: Monster Digital, Inc. By: /s/ Dxxxx X. Xxxxxx Name: Dxxxx X. Xxxxxx Title: Chief Executive Officer EXECUTIVE: /s/ Mxxx Xxxxxxx Mxxx Xxxxxxx Vxxxx Xxxxxx Vxxxx Xxxxxx EXHIBIT A

Appears in 1 contract

Samples: Executive Employment Agreement (Monster Digital, Inc.)

Tax Implications. The provision of Bonus, severance and/or any other compensation and benefits described or contemplated in this Agreement may have significant personal tax implications or consequences for Executive. Executive expressly acknowledges and understands that neither the Company nor any of its agents, representatives, officers, directors, members, investors, managers, employees, attorneys, or any other person or entity acting on behalf of the Company has made any representation to Executive or provided any advice to Executive concerning any tax implications or consequences of any of the benefits or compensation contemplated under this Agreement. Executive acknowledges and understands that he is obligated to obtain his own tax advice pertaining to the tax implications and consequences to him of any of the terms of this Agreement, and that Executive must satisfy himself himself/herself concerning the scope and adequacy of such advice. Agreed effective as of the first date written above: COMPANY: Monster Digital, CaliberCos Inc. By: /s/ Dxxxx X. Xxxxxx Jxxxxxxx Xxxxxxxx Name: Dxxxx X. Xxxxxx Jxxxxxxx Xxxxxxxx Title: Chief Executive Officer President & COO EXECUTIVE: /s/ Mxxx Xxxxxxx Mxxx Xxxxxxx EXHIBIT AJxxx Xxxxx Jxxx Xxxxx

Appears in 1 contract

Samples: Executive Employment Agreement (CaliberCos Inc.)

Tax Implications. The provision of Bonus, severance and/or any other compensation and benefits described or contemplated in this ther Agreement may have significant personal tax implications or consequences for Executive. Executive expressly acknowledges and understands that neither the Company nor any of its agents, representatives, officers, directors, members, investors, managers, employees, attorneys, or any other person or entity acting on behalf of the Company has made any representation to Executive or provided any advice to Executive concerning any tax implications or consequences of any of the benefits or compensation contemplated under this ther Agreement. Executive acknowledges and understands that he is obligated to obtain his her own tax advice pertaining to the tax implications and consequences to him of any of the terms of this ther Agreement, and that Executive must satisfy himself himself/herself concerning the scope and adequacy of such advice. Agreed effective as of the first date written above: COMPANY: Monster Digital, CaliberCos Inc. ByBY: /s/ Dxxxx X. Xxxxxx Cxxxx Xxxxxxxx Name: Dxxxx X. Xxxxxx Cxxxx Xxxxxxxx Title: Chief Executive Officer Director EXECUTIVE: /s/ Mxxx Xxxxxxx Mxxx Xxxxxxx EXHIBIT AJxxxxxxx Xxxxxxxx Jxxxxxxx Xxxxxxxx

Appears in 1 contract

Samples: Executive Employment Agreement (CaliberCos Inc.)

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