Excise Tax definition

Excise Tax means the excise tax imposed by Section 4999 of the Code, together with any interest or penalties imposed with respect to such excise tax.

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Excise Tax means any excise tax imposed under Section 4999 of the Code.

Excise Tax has the meaning assigned thereto in Section 8(a) hereof.

Examples of Excise Tax in a sentence

• If the Excise Tax is not eliminated pursuant to this Section 9(b), the Executive shall pay the Excise Tax.

• Notwithstanding the foregoing, the Repayment Amount with respect to such Payments shall be zero (0) if a Repayment Amount of more than zero (0) would not eliminate the Excise Tax imposed on such Payments or if a Repayment Amount of more than zero would not maximize the net amount received by the Executive from the Payments.

• The Company shall bear and pay directly all costs and expenses incurred in connection with any contests or disputes with the Internal Revenue Service relating to the Excise Tax, and Executive shall cooperate, to the extent his or her reasonable out-of pocket expenses are reimbursed by the Company, with any reasonable requests by the Company in connection with any such contests or disputes.

• If the Internal Revenue Service (the “IRS”) determines that any Payment is subject to the Excise Tax, then Section 9(b) hereof shall apply, and the enforcement of Section 9(b) shall be the exclusive remedy to the Company.

More Definitions of Excise Tax

Excise Tax shall have the meaning set forth in Paragraph 6(g)(i) hereof.

Excise Tax shall have the meaning set forth in Section 7.

Excise Tax has the meaning assigned to that term in Section 11.

Excise Tax means the excise tax on excess parachute payments under Section 4999 of the Code (or any successor or similar provision thereof), including any interest or penalties with respect to such excise tax.

Excise Tax means the excise tax imposed by Section 4999 of the Code, together with any interest or penalties imposed with respect to such tax.

Excise Tax means the tax imposed by Section 4999 of the Code;

Excise Tax shall have the meaning set forth in Section 12(b) hereof.