BROOKSIDE COUNTRY CLUB Sample Clauses

BROOKSIDE COUNTRY CLUB. The Company's payment of Mahoxxx'x xxxbership at Brookside Country Club shall be continued during the Severance Period subject to normal payroll deductions. As of the Retirement Date, Mahoxxx'x xxxbership at Brookside Country Club (i.e., the stock certificate) shall revert to him, and the value of that membership shall constitute taxable income to Mahoxxx xx that time and shall be factored into the amount of payroll taxes withheld from the Continued Salary payments made to Mahoxxx xxxsuant to Paragraph 3. a. After the Retirement Date, Mahoxxx xxxll bear the costs of membership at Brookside Country Club.
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