Common use of Tax and Legal Clause in Contracts

Tax and Legal. You acknowledge that you are not relying upon Company or anyone representing Company for legal or tax advice, representations or warranties (and you acknowledge that none has been given) in connection with this Award agreement and the Plan benefits, rights, interests and obligations. Company does not represent or warrant compliance with the requirements applicable to nonqualified deferred compensation under Section 409A of the Code and will have no liability to you or any other person if the Plan or this Award fails to satisfy the requirements of Section 409A of the Code. You acknowledge your right to consult (at your personal expense) with personal legal and tax advisors for all aspects of the Plan and this Award agreement. The Company or an Affiliate will have the right to deduct and withhold from the amounts paid pursuant to the Plan and this Award agreement or from compensation otherwise payable to you, such amounts as may be necessary to satisfy the Company’s withholding obligations to federal, state, local and foreign tax authorities.

Appears in 6 contracts

Samples: Interface Security Systems, L.L.C., Interface Security Systems, L.L.C., Interface Security Systems, L.L.C.

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