Common use of Tax Consequences Clause in Contracts

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 25 contracts

Samples: Executive Employment Agreement (Savara Inc), Executive Employment Agreement (Savara Inc), Confidential Separation Agreement And (Pricesmart Inc)

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Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his his/her behalf under the terms of this Agreement. Employee agrees and understands that he he/she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 15 contracts

Samples: Employment Agreement (Hortonworks, Inc.), Employment Agreement (Hortonworks, Inc.), Employment Agreement (Hortonworks, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his behalf under the terms of this Agreement. Employee Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 13 contracts

Samples: Separation Agreement and Release (Aqua Metals, Inc.), Separation Agreement and Release (Aqua Metals, Inc.), Employment Agreement and Release (Cypress Semiconductor Corp /De/)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 11 contracts

Samples: Separation Agreement and Release of Claims (Core Scientific, Inc./Tx), Consulting Agreement, Separation Agreement and General Release (MINDBODY, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 11 contracts

Samples: Supplemental Release Agreement (Fabrinet), Supplemental Release Agreement (Fabrinet), Transition Agreement and Release (Active Power Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 7 contracts

Samples: Separation Agreement and Release (Graphite Bio, Inc.), Transition Agreement (Okta, Inc.), Transition Agreement and Release (Okta, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this AgreementRelease. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or the Company’s failure to withhold, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 6 contracts

Samples: Release of Claims (Business Objects S.A.), Change of Control Severance Agreement (Business Objects S.A.), Change of Control Severance Agreement (Business Objects S.A.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 5 contracts

Samples: Separation Agreement and Release (KC Holdco, LLC), Separation Agreement and Release (KC Holdco, LLC), Separation Agreement and Release (KC Holdco, LLC)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee the Executive or made on his behalf under the terms of this Separation Agreement. Employee The Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee The Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employeethe Executive’s failure to pay or delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 5 contracts

Samples: Separation Agreement and Release of Claims (Healing Co Inc.), Separation Agreement and Release of Claims (Smart for Life, Inc.), Separation Agreement and Release (1847 Goedeker Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay pay, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 5 contracts

Samples: Separation Agreement and Release (ARCA Biopharma, Inc.), Advisor Agreement (Bakkt Holdings, Inc.), Retirement & Transition Agreement and Release (InterDigital, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee the Executive or made on his the Executive’s behalf under the terms of this Agreement. Employee The Executive agrees and understands that he the Executive is responsible for payment, if any, of the employee portion of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee The Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employeethe Executive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 4 contracts

Samples: Employment Agreement (UpHealth, Inc.), Employment Agreement (UpHealth, Inc.), Employment Agreement (UpHealth, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his behalf under the terms of this Agreement. Employee Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or the Company’s failure to withhold, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 4 contracts

Samples: Separation Agreement and Release (Spansion Inc.), Separation Agreement and Release (Spansion Inc.), Separation Agreement and Release (Dolby Laboratories, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, judgments or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 3 contracts

Samples: Confidential Separation Agreement and Release of Claims (Integral Ad Science Holding Corp.), Confidential Separation Agreement and Release of Claims (Integral Ad Science Holding Corp.), Separation Agreement and Release of Claims (Integral Ad Science Holding Corp.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 3 contracts

Samples: Separation Agreement and Release (Active Power Inc), Separation Agreement and Release (Active Power Inc), Separation Agreement and Release (Active Power Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided to Employee or made on his behalf sums under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company and any penalties or assessments thereon, including any penalties or assessments resulting from the allocation of the sums paid hereunder. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s 's failure to pay pay, or delayed payment of of, federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including reasonable attorneys’ fees and costs' fees.

Appears in 3 contracts

Samples: Settlement Agreement and Mutual Release (Zapme Corp), Final Terms Agreement and Release (Rstar Corp), Employment and Mutual Release (Rstar Corp)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 3 contracts

Samples: Separation Agreement and Release (Upland Software, Inc.), Transition Agreement (Homeaway Inc), Separation Agreement and Release (Active Power Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his behalf under the terms of this Agreement. Employee Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s Executive's failure to pay or the Company's failure to withhold, or Executive's delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys' fees and costs.

Appears in 3 contracts

Samples: Separation Agreement and Release (Us Ecology, Inc.), Separation Agreement and Release (Itron Inc /Wa/), Separation Agreement and Release (Aehr Test Systems)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided sums to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company and any penalties or assessments thereonthereon and that all such sums shall be paid less all applicable withholdings and deductions. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including reasonable attorneys’ fees and costsfees.

Appears in 3 contracts

Samples: Employment and Separation Agreement (Silicon Image Inc), Transitional Employment and Severance Agreement (Silicon Image Inc), Employment and Separation Agreement (Opsware Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay pay, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 3 contracts

Samples: Separation Agreement and Release (Outdoor Channel Holdings Inc), Separation Agreement and Release (Outdoor Channel Holdings Inc), Separation Agreement and Release (Outdoor Channel Holdings Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Separation Agreement and Release (M Wave Inc), Separation Agreement and Release (M Wave Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay pay, or Employee’s delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Severance Agreement and Release (New Focus Inc), Severance Agreement and Release (New Focus Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of Employee’s personal federal or personal state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Separation Agreement and Release (Nutanix, Inc.), Separation Agreement and Release (Nutanix, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive acknowledges and agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Confidential Separation and General Release Agreement (Great Elm Group, Inc.), Confidential Separation and General Release Agreement (Great Elm Group, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s 's failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys' fees and costs.

Appears in 2 contracts

Samples: Release Agreement (Mattson Technology Inc), Transition Agreement and Release (Mattson Technology Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Retention Bonus and Release Agreement (Symphonix Devices Inc), Severance and Release Agreement (Symphonix Devices Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Transition, Separation and General Release Agreement (Appdynamics Inc), Transition, Separation and General Release Agreement (Appdynamics Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay pay, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Separation Agreement and Release (Rocket Fuel Inc.), Separation Agreement and Release (Nanometrics Inc)

Tax Consequences. The Company Corporation makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his his/her behalf under the terms of this Agreement. Employee agrees and understands that he he/she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company Corporation and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Corporation harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company Corporation for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company Corporation by reason of any such claims, including attorneys’ fees and costs.

Appears in 2 contracts

Samples: Change of Control Agreement (Quantum Corp /De/), Change of Control Agreement (Quantum Corp /De/)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Applied Materials Inc /De)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Xxxxxxxxx or made on his behalf under the terms of this Agreement. Employee Xxxxxxxxx agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Xxxxxxxxx further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s Xxxxxxxxx’x failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Consulting Agreement (Mylan N.V.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Release of Claims (Tintri, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his his/her behalf under the terms of this Agreement. Employee agrees and understands that he he/she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Peekay Boutiques, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his behalf under the terms of this Agreement. Employee Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereonrelated to such taxes (including but not limited to under Section 409A). Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or the Company’s failure to withhold, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Randhir Thakur Separation Agreement and Release (Applied Materials Inc /De)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Supplemental Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Transition Agreement and Release (Tibco Software Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided sums to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for paymentpayment (to the extent not previously withheld by the Company), if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay (other than with respect to the Company’s failure to withhold and pay the amount so withheld), or Employee’s delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Severance Agreement and Release (Xenogen Corp)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Xxxxxx or made on his behalf under the terms of this Agreement. Employee Xxxxxx agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Xxxxxx further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s Xxxxxx’x failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Retirement and Consulting Agreement and Release (Mylan Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or Welcx xx made on his behalf under the terms of this Agreement. Employee agrees Welcx xxxees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further Welcx xxxther agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure Welcx’x xxxlure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Confidential Severance Agreement and Mutual Release (Trovagene, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided sums to or forgiveness of indebtedness of Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments sums paid and any other consideration provided debt forgiven hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s 's failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including reasonable attorneys’ fees and costs' fees.

Appears in 1 contract

Samples: Settlement Agreement and Mutual Release (Centigram Communications Corp)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Chairman or made on his Chairman’s behalf under the terms of this Agreement. Employee Chairman agrees and understands that he Chairman is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Chairman further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeChairman’s failure to pay pay, or Chairman’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation and Settlement Agreement and Release (fuboTV Inc. /FL)

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Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his his/her behalf under the terms of this Agreement. Employee Executive agrees and understands that he he/she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Pacific Biosciences of California Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his behalf under the terms of this Agreement. Employee Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or the Company’s failure to withhold, or Executive’s delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Dolby Laboratories, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his his/her behalf under the terms of this Agreement. Employee Executive agrees and understands that he he/she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Harmonic Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company (or any other entity in the Company Group) for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company (or any other entity in the Company Group) by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Sarcos Technology & Robotics Corp)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Advisor or made on his Advisor’s behalf under the terms of this Agreement. Employee Advisor agrees and understands that he Advisor is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Advisor further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeAdvisor’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Transition Agreement (Okta, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee's behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Block, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Transition Agreement and Release (Bazaarvoice Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Consultant or made on his behalf under the terms of this Agreement. Employee Consultant agrees and understands that he is responsible for payment, if any, of all local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Consultant further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeConsultant’s failure to pay or if required by law the Company’s failure to withhold, or Consultant ‘s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Consultant Agreement (Ascent Solar Technologies, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, judgments or recoveries by any government agency against the Company (or any other entity in the Company Group) for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company (or any other entity in the Company Group) by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Palladyne AI Corp.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his Executive’s behalf under the terms of this Agreement. Employee Executive agrees and understands that he Executive is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs. 21.

Appears in 1 contract

Samples: Separation Agreement And (BlackSky Technology Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Supplemental Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Transition Agreement and Release (Tibco Software Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s 's failure to pay or the Company's failure to withhold, or Employee's delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys' fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Active Power Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Inogen Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and payment of any other consideration provided sums to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company and any penalties or assessments thereonthereon (except those otherwise imposed by Federal or State law on the Company). Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including reasonable attorneys’ fees and costsfees.

Appears in 1 contract

Samples: Separation and Release of Claims Agreement (Infospace Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his her behalf under the terms of this Agreement. Employee Executive agrees and understands that he she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay or the Company’s failure to withhold, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and General Release (Raptor Pharmaceutical Corp)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his Employee’s behalf under the terms of this Agreement. Employee agrees and understands that he Employee is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Cafepress Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Executive or made on his behalf under the terms of this AgreementTAR. Employee Executive agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Executive further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeExecutive’s failure to pay pay, or Executive’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Transition Agreement and Release (Limelight Networks, Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Plantronics Inc /Ca/)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided made hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of of: (a) Employee’s 's failure to pay pay, or Employee's delayed payment of of, federal or state taxes, ; or (b) damages sustained by the Company by reason of any such claims, including attorneys' fees and costs.

Appears in 1 contract

Samples: Severance Agreement and Release (New Focus Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay pay, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs. 18.

Appears in 1 contract

Samples: 10 Separation Agreement and Release (Rocket Fuel Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his her behalf under the terms of this Agreement. Employee agrees and understands that he she is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and Release (Active Power Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s failure to pay or if required by law the Company’s failure to withhold, or Employee’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation Agreement and General Release (Ascent Solar Technologies, Inc.)

Tax Consequences. The Company makes no representations or warranties ---------------- with respect to the tax consequences of the payments and payment of any sums or other consideration provided to Employee or made on his behalf under the terms of this Agreement. Employee agrees and understands that he is responsible for payment, if any, of local, state, state and/or federal taxes on the payments and any other consideration provided sums paid hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s 's failure to pay or delayed payment of federal or state taxes, taxes or (b) damages sustained by the Company by reason of any such claims, including reasonable attorneys’ fees and costs' fees.

Appears in 1 contract

Samples: Separation Agreement and Release (New Focus Inc)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Mr. Xxxxxx or made on his behalf under the terms of this Agreement. Employee Xx. Xxxxxx agrees and understands that he is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Xx. Xxxxxx further agrees to indemnify and hold the Company harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee’s Xx. Xxxxxx’x failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Agreement (Mylan Inc.)

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee Individual or made on his Individual’s behalf under the terms of this Agreement. Employee Individual agrees and understands that he Individual is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee Individual further agrees to indemnify and hold the Company Individual harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) EmployeeIndividual’s failure to pay pay, or Individual’s delayed payment of of, federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys’ fees and costs.

Appears in 1 contract

Samples: Separation and Settlement Agreement and Release (fuboTV Inc. /FL)

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