Common use of Taxation of Payments and Benefits Clause in Contracts

Taxation of Payments and Benefits. The Company shall make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 20 contracts

Samples: Employment Agreement (Rekor Systems, Inc.), Employment Agreement (Rekor Systems, Inc.), Employment Agreement (Rekor Systems, Inc.)

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Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 15 contracts

Samples: Employment Agreement (AuraSound, Inc.), Employment Agreement (Awesome Living, Inc.), Employment Agreement (Awesome Living, Inc.)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive Employee for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 12 contracts

Samples: Employment Agreement (Boston Properties Inc), Employment Agreement (Boston Properties Inc), Employment Agreement (Boston Properties Inc)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 10 contracts

Samples: Employment Agreement (Boston Properties LTD Partnership), Employment Agreement (Boston Properties LTD Partnership), Employment Agreement (Boston Properties Inc)

Taxation of Payments and Benefits. The Company shall may make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it the Company reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 4 contracts

Samples: Employment Agreement (Twin Cities Power Holdings, LLC), Employment Agreement (Twin Cities Power Holdings, LLC), Employment Agreement (Galaxy Nutritional Foods Inc)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits Benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 3 contracts

Samples: Employment Agreement (Nextera Enterprises Inc), Employment Agreement (Nextera Enterprises Inc), Employment Agreement (Nextera Enterprises Inc)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or and withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction deductions or withholding from any payment or benefit.

Appears in 3 contracts

Samples: Employment Agreement (FusionStorm Global, Inc.), Employment Agreement (FusionStorm Global, Inc.), Employment Agreement (FusionStorm Global, Inc.)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive Employee for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 3 contracts

Samples: Employment Agreement (Boston Properties LTD Partnership), Employment Agreement (Boston Properties LTD Partnership), Employment Agreement (Boston Properties Inc)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment payments or benefit.

Appears in 3 contracts

Samples: Executive Agreement (NameMedia, Inc.), Executive Agreement (NameMedia, Inc.), Executive Agreement (NameMedia, Inc.)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing Except as set forth in subsection 4(f), nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 2 contracts

Samples: Employment Agreement (Monarch Dental Corp), Employment Agreement (Monarch Dental Corp)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require Except as specifically provided herein, the Company shall not be required to make any payments to compensate the Executive Employee for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 2 contracts

Samples: Employment Agreement (Voyager Net Inc), Employment Agreement (Voyager Net Inc)

Taxation of Payments and Benefits. The Company shall make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 2 contracts

Samples: Executive Employment Agreement (Bats Global Markets, Inc.), Executive Employment Agreement (Bats Global Markets, Inc.)

Taxation of Payments and Benefits. The Company shall have the right to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reportsdo so under applicable law. Payments to Employee under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive Employee for any adverse tax effect associated with any payments payment or benefits benefit or for any deduction or withholding from any payment or benefit.

Appears in 2 contracts

Samples: At Will Employment Agreement (Omnis Technology Corp), Will Employment Agreement (Omnis Technology Corp)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits Benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits Benefits or for any deduction or withholding from any payment or benefit.

Appears in 1 contract

Samples: Employment Agreement (First Mercury Financial Corp)

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Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdingswithhold ings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 1 contract

Samples: Employment Agreement (Universal Guardian Holdings Inc)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing Except to the extent otherwise specified, nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive Xx. Xxxxxxxx for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 1 contract

Samples: Separation Agreement (EPIX Pharmaceuticals, Inc.)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing Except to the extent otherwise specified, nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 1 contract

Samples: Separation and Release Agreement (Virtusa Corp)

Taxation of Payments and Benefits. The Company Companies shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company Companies to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 1 contract

Samples: Employment and Consulting Agreement (Service Bancorp Inc)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits Benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive Employee for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 1 contract

Samples: Employment Agreement (Nextera Enterprises Inc)

Taxation of Payments and Benefits. The Company Companies shall make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company Companies to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.

Appears in 1 contract

Samples: Employment Agreement (KeyStone Solutions, Inc.)

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.. Employment Agreement - Xxxxxxx Xxxxxxxx

Appears in 1 contract

Samples: Executive Employment Agreement (Innovative Card Technologies Inc)

Taxation of Payments and Benefits. The Company shall make deductions, withholdings and tax reports with respect to payments and benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit. 7.

Appears in 1 contract

Samples: Supplemental Employment Agreement

Taxation of Payments and Benefits. The Company shall undertake to make deductions, withholdings and tax reports with respect to payments and benefits Benefits under this Agreement to the extent that it reasonably and in good faith believes that it is required to make such deductions, withholdings and tax reports. Payments under this Agreement shall be in amounts net of any such deductions or withholdings. Nothing in this Agreement shall be construed to require the Company to make any payments to compensate the Executive for any adverse tax effect associated with any payments or benefits or for any deduction or withholding from any payment or benefit.any

Appears in 1 contract

Samples: Employment Agreement (Nextera Enterprises Inc)

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