Common use of Contested Taxes Clause in Contracts

Contested Taxes. The Employee shall notify the Company in writing of any claim by the Internal Revenue Service that, if successful, would result in an Underpayment. Such notification shall be given as soon as practicable but no later than ten (10) business days after the Employee is informed in writing of such claim and shall apprise the Company of the nature of such claim and the date on which such claim is requested to be paid or appealed. The Employee shall not pay such claim prior to the expiration of the 30 day period following the date on which it gives such notice to the Company (or such shorter period ending on the date than any payment of taxes with respect to such claim is due). If the Company notifies the Employee in writing prior to the expiration of such period that it desires to contest such claim, the Employee shall:

Contested Taxes. The Employee shall notify the Company Hxxxx in writing of any claim by the Internal Revenue Service that, if successful, would result in an Underpayment. Such notification shall be given as soon as practicable but no later than ten (10) business days after the Employee is informed in writing of such claim and shall apprise the Company Hxxxx of the nature of such claim and the date on which such claim is requested to be paid or appealed. The Employee shall not pay such claim prior to the expiration of the 30 day period following the date on which it gives such notice to the Company Hxxxx (or such shorter period ending on the date than any payment of taxes with respect to such claim is due). If the Company Hxxxx notifies the Employee in writing prior to the expiration of such period that it desires to contest such claim, the Employee shall:

Contested Taxes. The Employee shall notify the Company Partnership in writing of any claim by the Internal Revenue Service that, if successful, would result in an Underpayment. Such notification shall be given as soon as practicable but no later than ten (10) business days after the Employee is informed in writing of such claim and shall apprise the Company Partnership of the nature of such claim and the date on which such claim is requested to be paid or appealed. The Employee shall not pay such claim prior to the expiration of the 30 day period following the date on which it gives such notice to the Company Partnership (or such shorter period ending on the date than any payment of taxes with respect to such claim is due). If the Company Partnership notifies the Employee in writing prior to the expiration of such period that it desires to contest such claim, the Employee shall: