Tax Consequences Clause Example from Business Contracts

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