Applicable Tax Rates. For purposes of determining whether Employee would receive a greater net after-tax benefit if the amounts payable under this Agreement are reduced in accordance with Section 2.05(c), Employee shall be deemed to pay:
Appears in 9 contracts
Samples: Severance Agreement, Severance Agreement (Pharmaceutical Product Development Inc), Severance Agreement (Furiex Pharmaceuticals, Inc.)
Applicable Tax Rates. For purposes of determining whether the Employee would receive a greater net after-tax benefit if were the amounts payable under this Agreement are reduced in accordance with Section 2.05(c3(e)(iii), the Employee shall be deemed to pay:
Appears in 3 contracts
Samples: Employment Protection Agreement (Allied Life Financial Corp), Key Employee Employment Protection Agreement (Allied Life Financial Corp), Employment Protection Agreement (Allied Life Financial Corp)
Applicable Tax Rates. For purposes of determining whether the -------------------- Employee would receive a greater net after-tax benefit if were the amounts payable under this Agreement are reduced in accordance with Section 2.05(c3(e)(iii), the Employee shall be deemed to pay:
Appears in 1 contract
