Common use of 280G Calculations Clause in Contracts

280G Calculations. All calculations and determinations under this Section 5.3 shall be made by an independent accounting firm or independent tax counsel appointed by the Company (the “Tax Counsel”) whose determinations shall be conclusive and binding on the Company and Executive for all purposes. For purposes of making the calculations and determinations required by this Section 5.3, the Tax Counsel may rely on reasonable, good faith assumptions and approximations concerning the application of Code §280G and Code §4999. The Company and Executive shall furnish the Tax Counsel with such information and documents as the Tax Counsel may reasonably request in order to make its determinations under this Section 5.3. The Company shall bear all costs the Tax Counsel may reasonably incur in connection with its services.

Appears in 7 contracts

Samples: Executive Employment Agreement (Benson Hill, Inc.), Executive Employment Agreement (Benson Hill, Inc.), Executive Employment Agreement (Star Peak Corp II)

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280G Calculations. All calculations and determinations under this Section 5.3 14 shall be made by an independent accounting firm or independent tax counsel appointed by the Company (the “Tax Counsel”) whose determinations shall be conclusive and binding on the Company and Executive for all purposes. For purposes of making the calculations and determinations required by this Section 5.314, the Tax Counsel may rely on reasonable, good faith assumptions and approximations concerning the application of Code §section 280G and Code §4999section 4999 of the Code. The Company and Executive shall furnish the Tax Counsel with such information and documents as the Tax Counsel may reasonably request in order to make its determinations under this Section 5.314. The Company shall bear all costs the Tax Counsel may reasonably incur in connection with its services.

Appears in 3 contracts

Samples: Employment Agreement (Resource Real Estate Opportunity REIT, Inc.), Employment Agreement (Resource Real Estate Opportunity REIT, Inc.), Employment Agreement (Resource Real Estate Opportunity REIT, Inc.)

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