Tax Withholding and Implications. There shall be deducted from any payment under this Agreement the amount of any tax required by any governmental authority to be withheld and paid over by the Company to such governmental authority for the account of Employee.
Appears in 5 contracts
Samples: Deferred Compensation Agreement (Southern Co), Deferred Compensation Agreement (Southern Power Co), Deferred Compensation Agreement (Alabama Power Co)
Tax Withholding and Implications. There shall be deducted from any payment the amounts paid under this Agreement Paragraph 2 the amount of any tax required by any governmental authority to be withheld and paid over by the Company to such governmental authority for the account of Employee.
Appears in 1 contract
Samples: Compensation and Retention Agreement (Alabama Power Co)
