Common use of Company Withholding Clause in Contracts

Company Withholding. Notwithstanding anything contained in this Agreement to the contrary, in the event that, according to the Determination, an Excise Tax will be imposed on any Payment or Payments, the Company shall pay to the applicable government taxing authorities as Excise Tax withholding, the amount of the Excise Tax that the Company has actually withheld from the Payment or Payments.

Appears in 14 contracts

Samples: Executive Employment Agreement (Colfax CORP), Executive Employment Agreement (Colfax CORP), Executive Employment Agreement (Colfax CORP)

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Company Withholding. Notwithstanding anything contained in this Agreement to the contrary, in the event that, according to the Determinationdeterminations in the paragraph above, an Excise Tax will be imposed on any Payment or Payments, the Company shall pay to the applicable government taxing authorities as Excise Tax withholding, the amount of the Excise Tax that the Company has actually withheld from the Payment or Payments.

Appears in 11 contracts

Samples: Executive Employment Agreement (Kite Realty Group Trust), Executive Employment Agreement (Kite Realty Group Trust), Executive Employment Agreement (Kite Realty Group Trust)

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