Underpayment or Overpayment. In the event of any underpayment or overpayment to the Employee (determined after the application of Section 4.2), the amount of such underpayment or overpayment will be, as promptly as practicable, paid by the Company to the Employee or refunded by the Employee to the Company, as the case may be, with interest at the applicable federal rate specified in Section 1274(d) of the Code.
Appears in 6 contracts
Samples: Change of Control Agreement (Neose Technologies Inc), Change of Control Agreement (Neose Technologies Inc), Change of Control Agreement (Neose Technologies Inc)
Underpayment or Overpayment. In the event of any underpayment or overpayment to the Employee (determined after the application of Section 4.24.1), the amount of such underpayment or overpayment will be, as promptly as practicable, paid by the Company to the Employee or refunded by the Employee to the Company, as the case may be, with interest at the applicable federal rate specified in Section 1274(d) of the Code.
Appears in 2 contracts
Samples: Change in Control Agreement (Valera Pharmaceuticals Inc), Change of Control Agreement (Animas Corp)
Underpayment or Overpayment. In the event of any underpayment or overpayment to the Employee Executive (determined after the application of Section 4.25.2), the amount of such underpayment or overpayment will be, as promptly as practicable, paid by the Company to the Employee Executive or refunded by the Employee Executive to the Company, as the case may be, with interest at the applicable federal rate specified in Section 1274(d) of the Code.
Appears in 1 contract
