Common use of Withholding; Tax Effect Clause in Contracts

Withholding; Tax Effect. All forms of compensation referred to in this Agreement are subject to reduction to reflect applicable withholding and payroll taxes and other deductions required by law. You hereby acknowledge that the Company does not have a duty to design its compensation policies in a manner that minimizes your tax liabilities, and you will not make any claim against the Company or the Board related to tax liabilities arising from your compensation.

Withholding; Tax Effect. All forms of compensation referred to in this Agreement are subject to reduction to reflect applicable withholding and payroll taxes and other deductions required by law. You The Executive hereby acknowledge acknowledges that the Company does not have a duty to design its compensation policies in a manner that minimizes your the Executive’s tax liabilities, and you the Executive will not make any claim against the Company or the Board related to tax liabilities arising from your the Executive’s compensation.

Withholding; Tax Effect. All forms of compensation referred to in this Agreement are subject to reduction to reflect applicable withholding and payroll taxes and other deductions required by law. You Further, to the extent required by applicable law, the Company will report to taxing authorities payments made or amounts reimbursed to the Executive. The Executive hereby acknowledge acknowledges that the Company does not have a duty to design its compensation policies in a manner that minimizes your the Executive’s tax liabilities, and you the Executive will not make any claim ​ ​ ​ against the Company or the Board related to tax liabilities arising from your the Executive’s compensation.