No Obligation to Minimize Taxes Clause Example from Business Contracts

This example No Obligation to Minimize Taxes clause appears in 2 contracts from 1 company

No Obligation to Minimize Taxes. You acknowledge that the Company is not making representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the Award, including, but not limited to, the grant, vesting or settlement of the Award, the subsequent sale of shares of Common Stock acquired pursuant to such settlement and the receipt of any dividends and/or any dividend equivalent payments. Further, you acknowledge that the Company does not have any duty or obligation to minimize yo...ur liability for Tax-Related Items arising from the Award and will not be liable to you for any Tax-Related Items arising in connection with the Award. Although the Award is intended to comply with the requirements of Section 409A of the Code, the Company makes no representations to you in that regard. View More Arrow