Common use of Taxes and other Withholding Clause in Contracts

Taxes and other Withholding. Except as provided in the Severance Attachment with respect to payments to compensate you for any applicable excise taxes, all payments made to you under this Agreement shall be subject to any and all applicable withholdings, including all withholdings for any related federal, state or local taxes. You shall be solely responsible for any and all income taxes incurred by you as a result of your receipt of any payment contemplated or described in this Agreement. Subject to limitations imposed by Times Mirror employee benefit plans, these payments may also be reduced by any withholdings, contributions or deductions previously authorized by you.

Taxes and other Withholding. Except as provided in the Severance Attachment with respect to payments to compensate you for any applicable excise taxes, all payments made to you under this Agreement shall be subject to any and all applicable withholdings, including all withholdings for any related federal, state or local taxes. You shall be solely responsible for any and all income taxes incurred by you as a result of your receipt of any payment contemplated or described in this Agreement. Subject to limitations imposed by Times Mirror employee benefit plans, these payments may Mark X. Xxxxxx Xxxil 7, 2000 Page 4 also be reduced by any withholdings, contributions or deductions previously authorized by you.