The Election. The Employee and the Company jointly elect that the entire liability of the UK Employer to pay the Employer’s Liability on the Taxable Event is hereby transferred to the Employee. The Employee understands that by signing this Election, he or she will become personally liable for the Employer’s Liability covered by this Election.
Appears in 4 contracts
Samples: Terms and Conditions (Emulex Corp /De/), Terms and Conditions (Emulex Corp /De/), Restricted Stock Unit Award Agreement (Emulex Corp /De/)