Tax Considerations Contract Clauses (29)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains Tax Considerations clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Tax Considerations. The Corporation has advised Participant to seek Participant's own tax and financial advice with regard to the federal and state tax considerations resulting from Participant's receipt of Restricted Stock Units pursuant to this Agreement. Participant understands that the Corporation will report to appropriate taxing authorities the payment to Participant of compensation income upon the issuance of shares in respect of vested Restricted Stock Units. Participant understands that Participant is sole...ly responsible for the payment of all federal and state taxes resulting from the Restricted Stock Units. View More
Found in Pershing Gold Corp. contract
View All 4 Similar Clauses
Tax Considerations. The Corporation has advised Participant to seek Participant's own tax and financial advice with regard to the federal and state tax considerations resulting from Participant's receipt of Restricted Stock Units pursuant to this Agreement. Participant understands that the Corporation will report to appropriate taxing authorities the payment to Participant of compensation income upon the issuance payment of the shares in respect of vested Restricted Stock Units. Common Stock. Participant understand...s that Participant he or she is solely responsible for the payment of all any federal and state taxes resulting from the Restricted this grant of Stock Units. View More
Found in Red Robin Gourmet Burgers, Inc. contract
Tax Considerations. The Corporation has advised Participant to seek Participant's own tax and financial advice with regard to the federal and state tax considerations resulting from Participant's receipt of Restricted Stock Units pursuant to this Agreement. Participant understands that the Corporation will report to appropriate taxing authorities the payment to Participant of compensation income upon the issuance of shares in respect of vested the Restricted Stock Units. Participant understands that Participant he ...is solely responsible for the payment of all federal and state taxes resulting from the Restricted Stock Units. 8. Binding Effect. This Agreement shall bind Participant and the Corporation and their respective beneficiaries, survivors, executors, administrators and transferees. View More
Found in Pershing Gold Corp. contract
View Variations (4)
Tax Considerations. The Company has advised Grantee to seek Grantee's own tax and financial advice with regard to the federal and state tax considerations resulting from Grantee's receipt of the Cash Award pursuant to this Award Agreement. Grantee understands that the Company will report to appropriate taxing authorities the payment to Grantee of compensation income upon the vesting and payment of the Cash Award. Grantee understands that he or she is solely responsible for the payment of all federal and state taxes... resulting from this grant of Cash Award. With respect to tax withholding amounts, the Company has all of the rights specified in Section 8 of this Award Agreement and has no obligations to Grantee except as expressly stated in Section 8 of this Award Agreement. View More
Found in Red Robin Gourmet Burgers, Inc. contract
Tax Considerations. The Company has advised Grantee to seek Grantee's own tax and financial advice with regard to the federal and state tax considerations resulting from Grantee's receipt of the Cash Performance Stock Unit Award pursuant to this Award Agreement. Grantee understands that the Company will report to appropriate taxing authorities the payment to Grantee of compensation income upon the vesting and payment of the Cash Performance Stock Unit Award. Grantee understands that he or she is solely responsible ...for the payment of all federal and state taxes resulting from this grant of Cash Performance Stock Unit Award. With respect to tax withholding amounts, the Company has all of the rights specified in Section 8 of this Award Agreement and has no obligations to Grantee except as expressly stated in Section 8 of this Award Agreement. View More
Found in Red Robin Gourmet Burgers, Inc. contract
View Variation
Tax Considerations. The intent of the parties is that payments and benefits under this Agreement comply with Section 409A of the Code, and the regulations and guidance promulgated thereunder (collectively "Section 409A") and, accordingly, to the maximum extent permitted, this Agreement will be interpreted to be in compliance therewith. Each payment made to Employee pursuant to Section 6 shall be treated as a separate payment for purposes of Section 409A . Notwithstanding any provision to the contrary in this Agreem...ent, to the extent that the Employee is a "specified employee" within the meaning of that term under Section 409A(a)(2)(B) of the Code, then with regard to any payment or the provision of any benefit that is required to be delayed in compliance with Section 409A(a)(2)(B) of the Code, such payment or benefit will not be made or provided prior to the earlier of (A) the expiration of the six-month period measured from the date of the Employee's "separation from service" (as such term is defined under Section 409A, or (B) the date of the Employee's death (the " Delay Period "). Upon the expiration of the Delay Period, all payments and benefits delayed pursuant to this Section 9 (whether they would have otherwise been payable in a single sum or in installments in the absence of such delay) will be paid or reimbursed to the Employee in a lump sum, and any remaining payments and benefits due under this Agreement will be paid or provided in accordance with the normal payment dates specified for them herein. View More
Found in TRANS LUX Corp contract
Tax Considerations. 1.1. Section 409A. The intent of the parties is that payments and benefits under this Agreement comply with Section 409A of the Code, and the regulations and guidance promulgated thereunder (collectively "Section 409A") and, accordingly, to the maximum extent permitted, this Agreement will be interpreted to be in compliance therewith. Each payment made to Employee pursuant to Section 6 5 shall be treated as a separate payment for purposes of Section 409A . 409A. Notwithstanding any provision to ...the contrary in this Agreement, to the extent that the Employee is a "specified employee" within the meaning of that term under Section 409A(a)(2)(B) of the Code, then with regard to any payment or the provision of any benefit that is required to be delayed in compliance with Section 409A(a)(2)(B) of the Code, such payment or benefit will not be made or provided prior to the earlier of (A) the expiration of the six-month period measured from the date of the Employee's "separation from service" (as such term is defined under Section 409A, or (B) the date of the Employee's Executive's death (the " Delay Period "). "Delay Period"). Upon the expiration of the Delay Period, all payments and benefits delayed pursuant to this Section 9 8 (whether they would have otherwise been payable in a single sum or in installments in the absence of such delay) will be paid or reimbursed to the Employee in a lump sum, and any remaining payments and benefits due under this Agreement will be paid or provided in accordance with the normal payment dates specified for them herein. 1.2. Section 280G. In the event it shall be determined that any payment or distribution of any type to or for the benefit of the Employee, by the Company, whether paid or payable or distributed or distributable pursuant to any of the terms of this Agreement or otherwise (the "Total Payments"), is or will be subject to the excise tax imposed by Section 4999 of the Code or any interest or penalties with respect to such excise tax (such excise tax, together with any such interest and penalties, are collectively referred to as the "280G Excise Tax"), then the Employee shall be entitled to receive an additional payment (a "280G Gross-Up Payment") in an amount such that after payment by the Employee of all taxes (including any interest or penalties imposed with respect to such taxes), including any income tax, employment tax or Excise Tax, imposed upon the 280G Gross-Up Payment, the Employee retains an amount of the 280G Gross-Up Payment equal to the 280G Excise Tax imposed upon the Total Payments. View More
Found in Global Arena Holding, Inc. contract
View Variation