Equalization Agreement definition
Examples of Equalization Agreement in a sentence
In the event that the Executive’s duties necessitate that the Executive file tax returns in any other country besides the United States of America, Lithium Nevada will provide the Executive with tax preparation assistance, up to US $10,000, on terms and conditions to be memorialized in a separate Tax Equalization Agreement.
Subject to the provisions of the Companies Acts, the Equalization Agreement and Articles 234 to 236 (inclusive), the Board may pay interim dividends if it appears to the Board that they are justified by the profits of the Company available for distribution.
On the terms and subject to the conditions set forth in this Agreement, at the Closing, Purchaser shall assume, effective as of the Closing, and shall timely perform and discharge in accordance with their respective terms, all obligations and Liabilities of each of LBSF and LB1 with respect to and under its respective Note and Note Purchase Agreement, and its respective interest in the Equalization Agreement (collectively, the “Assumed Liabilities”).
Copies of the Notes, Note Purchase Agreements and Equalization Agreement heretofore delivered to Purchaser are true and correct copies of the originals thereof and constitute the entire agreement between the parties thereto about each of such Notes, Note Purchase Agreements and Equalization Agreement.
If Executive becomes subject to tax in the United Kingdom solely as a result of having performed services for the Company or its Affiliates (as defined in the Employment Agreement) in the United Kingdom and only if Executive’s presence in any such jurisdiction was required by the Company, Executive’s eligibility for tax equalization (if any) shall be as stated in and according to the terms of the Tax Equalization Agreement attached as Exhibit A to the Agreement.