Common use of Circular 230 Disclaimer Clause in Contracts

Circular 230 Disclaimer. The Parties acknowledge and agree that (1) no provision of this Settlement Agreement and no written communication or disclosure between or among the Parties or their attorneys and other advisors is or was intended to be, nor shall any communication or disclosure constitute or be construed or be relied upon as tax advice within the meaning of the United States Treasury Department Circular 230 (31 (CFR Part 10, as amended)); (2) Each Party (a) has relied exclusively upon his, her or its own, independent legal and tax advisors for advice (including tax advice) in connection with this Settlement Agreement (b) has not entered into this Settlement Agreement based upon the recommendation of any other party or any attorney or advisor to any other party, and (c) is not entitled to rely upon any communication or disclosure by any attorney or advisor to any other party to avoid any tax penalty that may be imposed on the Party; and (3) no attorney or advisor to any other party has imposed any limitation that protects the confidentiality of any such attorney’s or advisor’s tax strategies (regardless whether such limitation is legally binding) upon disclosure by the Party of the tax treatment or tax structure of any transaction, including transaction contemplated by this Settlement Agreement.

Circular 230 Disclaimer. The Parties acknowledge Each party to this General Release acknowledges and agree agrees that (1) no provision of this Settlement Agreement General Release, and no written communication or disclosure between or among the Parties or their attorneys and other advisors advisors, is or was intended to be, nor shall any such communication or disclosure constitute or be construed or be relied upon as as, tax advice within the meaning of the United States Treasury Department Circular 230 (31 (CFR Part part 10, as amended)); (2) Each Party Executive (a) has relied exclusively upon his, her or its own, Executive’s own independent legal and tax advisors for advice (including tax advice) in connection with this Settlement Agreement General Release, (b) has not entered into this Settlement Agreement General Release based upon the recommendation of any other party or any attorney or advisor to any other party, and (c) is not entitled to rely upon any communication or disclosure by any attorney or advisor to any other party to avoid any tax penalty that may be imposed on the PartyExecutive; and (3) no attorney or advisor to any other party has imposed any limitation that protects the confidentiality of any such attorney’s or advisor’s tax strategies (regardless of whether such limitation is legally binding) upon disclosure by the Party Executive of the tax treatment or tax structure of any transaction, including any transaction contemplated by this Settlement AgreementGeneral Release.

Circular 230 Disclaimer. The Parties acknowledge and agree that (1) no provision of this Settlement Agreement Agreement, and no written communication or disclosure between or among the Parties or their attorneys and other advisors is or was intended to be, nor shall any communication or disclosure constitute or be construed or be relied upon as tax advice within the meaning of the United States Treasury Department Circular 230 (31 (CFR Part 10, as amended)); (2) Each Party (a) has relied exclusively upon his, her or its own, independent legal and tax advisors for advice (including tax advice) in connection with this Settlement Agreement (b) has not entered into this Settlement Agreement based upon the recommendation of any other party or any attorney or advisor to any other party, and (c) is not entitled to rely upon any communication or disclosure by any attorney or advisor to any other party to avoid any tax penalty that may be imposed on the Party; and (3) no attorney or advisor to any other party has imposed any limitation that protects the confidentiality of any such attorney’s or advisor’s tax strategies (regardless whether such limitation is legally binding) upon disclosure by the Party of the tax treatment or tax structure of any transaction, including transaction contemplated by this Settlement Agreement.