Tax Consequences Clause Example from Business Contracts

This example Tax Consequences clause appears in 5 contracts from 4 companies

Tax Consequences. The Company makes no representations or warranties with respect to the tax consequences of the payments and any other consideration provided to Employee or made on Employee's behalf under the terms of this Agreement. Employee agrees and understands that Employee is responsible for payment, if any, of local, state, and/or federal taxes on the payments and any other consideration provided hereunder by the Company and any penalties or assessments thereon. Employee further agrees to indemnify and ho...ld the Releasees harmless from any claims, demands, deficiencies, penalties, interest, assessments, executions, judgments, or recoveries by any government agency against the Company for any amounts claimed due on account of (a) Employee's failure to pay or delayed payment of federal or state taxes, or (b) damages sustained by the Company by reason of any such claims, including attorneys' fees and costs. The Parties agree and acknowledge that the payments made pursuant to section 1 of this Agreement are not related to sexual harassment or sexual abuse and not intended to fall within the scope of 26 U.S.C. Section 162(q). View More
Found in Fabrinet contract
Cutera, Inc. Contracts

Separation Agreement and Release by and between James A. Reinstein and Cutera, Inc. dated as of January 4, 2019 (Filed With SEC on January 9, 2019)

Separation and Release Agreementby and between Cutera, Inc. and Jason Richey (Filed With SEC on May 12, 2021)

ALPINE IMMUNE SCIENCES, INC. Contracts

Separation Agreement, dated as of October 8, 2021, by and between the Registrant and Zelanna Goldberg (Filed With SEC on March 17, 2022)

SVMK Inc. Contracts

Transition Agreement and Release by and between Registrant and Thomas E. Hale, dated February 27, 2022 (Filed With SEC on May 5, 2022)

Fabrinet Contracts

Separation Agreement and Release, dated July 16, 2018, by and between David T. Mitchell and the registrant (Filed With SEC on August 22, 2018)