Common use of Additional Payments Clause in Contracts

Additional Payments. The amount of compensation payable to Executive pursuant to Sections 2(b)(i) and (ii) above shall be "grossed up" as necessary (on an after-tax basis) to compensate for any additional social security withholding taxes due as a result of Executive's shared employment by any subsidiary and/or affiliate of the Company, the Company, if applicable.

Appears in 31 contracts

Samples: Employment Agreement (Zicix Corp), Employment Agreement (Zicix Corp), Employment Agreement (Atomic Studios, Inc.)

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Additional Payments. The amount of compensation payable to Executive pursuant to Sections 2(b)(i) and (ii) above shall be "grossed up" as necessary (on an after-tax basis) to compensate for any additional social security withholding taxes due as a result of Executive's ’s shared employment by any subsidiary and/or affiliate of the Company, the Company, if applicable.

Appears in 4 contracts

Samples: Employment Agreement (MC Endeavors, Inc.), Employment Agreement (Soligen Technologies Inc), Employment Agreement (Square Chain Corp.)

Additional Payments. The amount of compensation payable to Executive pursuant to Sections 2(b)(i) and (ii) above shall be "grossed up" as necessary (on an after-tax basis) to compensate for any additional social security withholding taxes due as a result of Executive's shared employment by the Operating Partnership, the REIT and, if applicable, any subsidiary and/or affiliate of the Company, the Company, if applicablethereof.

Appears in 1 contract

Samples: Employment Agreement (Maguire Properties Inc)

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Additional Payments. The amount of compensation payable to Executive pursuant to Sections 2(b)(i) and (ii) above shall be "grossed up" as necessary (on an after-tax basis) to compensate for any additional social security withholding taxes due as a result of Executive's shared employment by any subsidiary and/or affiliate of the Company, the Company, if applicable.

Appears in 1 contract

Samples: Employment Agreement (Dna Brands Inc)

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