Common use of Adverse Tax Consequences Clause in Contracts

Adverse Tax Consequences. The Company and not the Trustee shall bear the responsibility, if any, in the event that this Trust Agreement gives rise to adverse tax consequences to any Participant, Beneficiary or the Company.

Appears in 6 contracts

Sources: Trust Agreement (Hubbell Inc), Trust Agreement (Hubbell Inc), Trust Agreement (Newmont Mining Corp /De/)