Tax Consequences Clause Example from Business Contracts

This example Tax Consequences clause appears in 4 contracts from 1 company

Tax Consequences. The Participant acknowledges that (i) there may be tax consequences upon acquisition or disposition of the shares of Common Stock issued pursuant to this Award or the receipt of cash dividends hereunder and (ii) Participant should consult a tax adviser prior to such acquisition or disposition or receipt. The Participant is solely responsible for determining the tax consequences of the Award and for satisfying the Participant's tax obligations with respect to the Award (including, but not limited... to, any income or excise taxes resulting from the application of Code Sections 409A or 4999), and the Company shall not be liable if this Award is subject to Code Sections 409A or 4999. View More Arrow