Common use of Timing of Tax Gross-Up Payments Clause in Contracts

Timing of Tax Gross-Up Payments. If the Executive is entitled to be reimbursed for any taxes under this Agreement, such tax reimbursement payment shall be paid by the Company to the Executive no later than December 31 of the year after the year in which the related taxes are remitted to the applicable taxing authorities. (signatures on following page)

Appears in 2 contracts

Samples: Employment Agreement (Autoliv Inc), Employment Agreement (Autoliv Inc)

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Timing of Tax Gross-Up Payments. If the Executive is entitled to be reimbursed for any taxes under this Agreement, such tax reimbursement payment shall be paid by the Company to the Executive no later than December 31 of the year after the year in which the related taxes are remitted to the applicable taxing authorities. (signatures on following page)) IN WITNESS whereof this Agreement has been executed the day and year first above written. AUTOLIV, INC.

Appears in 1 contract

Samples: Employment Agreement (Autoliv Inc)

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Timing of Tax Gross-Up Payments. If the Executive is entitled to be reimbursed for any taxes under this Agreement, such tax reimbursement payment shall be paid by the Company to the Executive no later than December 31 of the year after the year in which the related taxes are remitted to the applicable taxing authorities. (signatures on following page).

Appears in 1 contract

Samples: Employment Agreement (Autoliv Inc)

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