Common use of NO PROVISION FOR TAXABLE BENEFIT Clause in Contracts

NO PROVISION FOR TAXABLE BENEFIT. The Employer shall not be obliged to reimburse or otherwise make allowance to the Employee in respect of any deemed benefit or income for income tax purposes as a result of the provision to and use by the Employee of any benefit or allowance provided by the Employer to the Employee.

Appears in 3 contracts

Samples: Employment Agreement (Free DA Connection Systems, Inc.), Employment Agreement (Free DA Connection Systems, Inc.), Employment Agreement (Free DA Connection Systems, Inc.)

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NO PROVISION FOR TAXABLE BENEFIT. The Employer shall not be obliged to reimburse or otherwise make allowance to the Employee in respect of any deemed benefit or income for income tax purposes as a result of the provision to and use by the Employee of any benefit company car or other allowance or reimbursement provided by the Employer to the EmployeeEmployer.

Appears in 2 contracts

Samples: Employment Agreement (Thinkpath Inc), Employment Agreement (Thinkpath Inc)

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