Common use of Tax Equalization Clause in Contracts

Tax Equalization. (a) As you will be subject to income tax and social security obligations arising from your services performed in Canada on behalf of Novelion Services, Novelion Services is prepared to address the overall tax and social security burden that you experience with the intention that your total tax and social security burden while working in both the United States and Canada will be equal to what your tax and social security burden would have been had you remained working solely in Massachusetts. Novelion Services will provide you with tax equalization in connection with all income tax and social security liabilities arising from the performance of your employment duties within Canada. Novelion Services intends that the income taxes and social security levies payable by you on all taxable employment income and related benefits, as prescribed by the applicable tax and social security laws, should be no better or worse than the personal taxes and social security levies you would have been required to pay on such amounts if your employment duties had been performed solely in the state of Massachusetts. Where your annual tax and social security obligation yields a higher total obligation than if your employment duties were solely performed in the state of Massachusetts, Novelion Services will reimburse you for the difference. Where your annual tax and social security obligations yields a lower total tax and social security impact than if your employment duties were solely performed in the state of Massachusetts, you will reimburse Novelion Services for the difference.

Tax Equalization. (ai) As you Executive will be subject to income tax and social security obligations arising from your his services performed in Canada on behalf of Novelion Servicesthe Company, Novelion Services the Company is prepared to address the overall tax and social security burden that you experience Executive experiences with the intention that your Executive’s total tax and social security burden while working in both the United States and Canada will be equal to what your his tax and social security burden would have been had you he remained working solely in Massachusetts. Novelion Services The Company will provide you Executive with tax equalization in connection with all income tax and social security liabilities arising from the performance of your his employment duties within Canada. Novelion Services The Company intends that the income taxes and social security levies payable by you Executive on all taxable employment income and related benefits, as prescribed by the applicable tax and social security laws, should be no better or worse than the personal taxes and social security levies you Executive would have been required to pay on such amounts if your his employment duties had been performed solely in the state of Massachusetts. Where your Executive’s annual tax and social security obligation yields a higher total obligation than if your his employment duties were solely performed in the state of Massachusetts, Novelion Services the Company will reimburse you him or her for the difference. Where your Executive’s annual tax and social security obligations yields a lower total tax and social security impact than if your his employment duties were solely performed in the state of Massachusetts, you Executive will reimburse Novelion Services the Company for the difference.