Tax Consequences Clause Example from Business Contracts

This example Tax Consequences clause appears in 2 contracts from 1 company

Tax Consequences. The Participant acknowledges that the Company has not advised the Participant regarding the Participant's income tax liability in connection with the grant of the Restricted Stock Units and that the Company does not guarantee any particular tax treatment. The Participant acknowledges that the Participant has reviewed with the Participant's own tax advisors the tax treatment of the Restricted Stock Units and is relying solely on those advisors in that regard. The Participant understands that the ...Participant (and not the Company) will be responsible for the Participant's own tax liabilities arising in connection with the Restricted Stock Units. View More