Common use of Computation of Excess Parachute Payment Clause in Contracts

Computation of Excess Parachute Payment. The computation of the excess parachute payment in accordance with Code Section 280G shall be done by a nationally recognized and reputable independent accounting or valuation firm mutually selected by the Executive and the Company, and if the Parties cannot so agree on the selection of a firm, then each Party shall select a firm and the two selected firms shall select a third firm that shall make the computations for this purpose,

Appears in 2 contracts

Samples: Employment Agreement (All American Pet Company, Inc.), Employment Agreement (Perry Ellis International Inc)

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Computation of Excess Parachute Payment. The computation of the excess parachute payment in accordance with Code Section 280G shall be done by a nationally recognized and reputable independent accounting or valuation firm mutually selected by the Executive and the Company, and if the Parties cannot so agree on the selection of a firm, then each Party shall select a firm and the two selected firms shall select a third firm that shall make the computations for this purpose,, [Missing Graphic Reference] Bxxxx Xxxxxxxx- EXECUTION COPY

Appears in 1 contract

Samples: Employment Agreement (All American Pet Company, Inc.)

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Computation of Excess Parachute Payment. The computation of the excess parachute payment in accordance with Code Section 280G shall be done by a nationally recognized and reputable independent accounting or valuation firm mutually selected by the Executive and the Company, and if the Parties cannot so agree on the selection of a firm, then each Party shall select a firm and the two selected firms shall select a third firm that shall make the computations for this purpose,.

Appears in 1 contract

Samples: Employment Agreement (Perry Ellis International Inc)

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