No Guarantees Regarding Tax Treatment Clause Example from Business Contracts

This example No Guarantees Regarding Tax Treatment clause appears in 2 contracts from 1 company

No Guarantees Regarding Tax Treatment. The Participant (or his beneficiaries) shall be responsible for all taxes with respect to the Option. The Committee and the Company make no guarantees regarding the tax treatment of the Option. Neither the Committee nor the Company has any obligation to take any action to prevent the assessment of any tax under Section 409A (as defined below), Section 4999 of the Code or otherwise and none of the Company, any Subsidiary or Affiliate, or any of their employees or representatives shall have any li...ability to a Participant with respect thereto. View More Arrow