Compensation for Excess. Should the Artist be required to provide more than two (2) hours of additional services in rehearsal, the Artist shall invoice the Engager for further additional services at Rate 2 of Clause 13:01(F) for each half-hour or portion thereof beyond the two (2) hours. Also see Clauses 22:02(B), (C) and (D) and Clauses 22:04(D) and (E) concerning span.
Compensation for Excess. Parachute Payments". If all or any portion of the payments or other benefits provided to Executive under this Agreement, either alone or together with other payments and benefits which Executive receives or is entitled to receive from Company, constitutes an excess "parachute payment" within the meaning of section 280G of the Internal Revenue Code of 1986, as amended, and as it may be amended on or after the date of this Agreement (the "Code"), and results in the imposition on Executive of an excise tax under section 4999 of the Code, then, in addition to any other benefits to which Executive is entitled under this Agreement, Company shall pay Executive an amount equal to the sum of (i) the excise taxes payable by Executive by reason of receiving excess parachute payments; and (ii) a gross-up amount necessary to offset any and all applicable federal, state, and local excise, income, or other taxes incurred by Executive by reason of Company's payment of the excise tax described in (i) above on or after the date of this Agreement.
Compensation for Excess. Parachute Payments". If all or any portion of the payments or other benefits provided to Executive under this Agreement or Executives's prior Employment Agreement with TRC, either alone or together with other payments and benefits which Executive receives or is entitled to receive from Company or TRC, constitutes an excess "parachute payment" within the meaning of section 280G of the Internal Revenue Code of 1986, as amended, and as it may be amended on or after the date of this Agreement (the "Code"), and results in the imposition on Executive of an excise tax under section 4999 of the Code, then, in addition to any other benefits to which Executive is entitled under this Agreement, Company shall pay or cause TRC to pay Executive an amount equal to the sum of (i) the excise taxes payable by Executive by reason of receiving excess parachute payments; and (ii) a gross-up amount necessary to offset any and all applicable federal, state, and local excise, income, or other taxes incurred by Executive by reason of Company's payment of the excise tax described in (i) above on or after the date of this Agreement.
