Common use of Deduction and Reimbursement Clause in Contracts

Deduction and Reimbursement. Brackpool hereby agrees that the Company may deduct and withhold from the compensation payable to Brackpool hereunder any amounts of money required to be deducted or withheld by the Company under the provisions of any and all applicable local, state or federal statutes or regulations or any amendments thereto hereafter enacted requiring the withholding or deducting of compensation. In the event the Company makes any payments or incurs any charges for Brackpool's account, the Company shall have the right, and Brackpool hereby authorizes the Company, to deduct from any compensation payable to Brackpool hereunder any charges so paid or incurred by the Company, but such right of deduction shall not be deemed to limit or exclude any other rights of credit or recovery or any other remedies the Company otherwise may have. Nothing hereinabove set forth shall be deemed to obligate the Company to make any such payments or incur any such charges. If it is determined that such deduction is unauthorized, the Company agrees to reimburse Brackpool promptly, it being understood, however, that notwithstanding the determination that any deduction was unauthorized, the making of such deductions shall not be deemed to be a breach by the Company of any of its obligations to Brackpool hereunder.

Deduction and Reimbursement. Brackpool ________________hereby agrees that the Company may deduct and withhold from the compensation payable to Brackpool ________________hereunder any amounts of money required to be deducted or withheld by the Company under the provisions of any and all applicable local, state or federal statutes or regulations or any amendments thereto hereafter enacted requiring the withholding or deducting of compensation. In the event the Company makes any payments or incurs any charges for Brackpool________________'s account, the Company shall have the right, and Brackpool ________________hereby authorizes the Company, to deduct from any compensation payable to Brackpool ________________hereunder any charges so paid or incurred by the Company, but such right of deduction shall not be deemed to limit or exclude any other rights of credit or recovery or any other remedies the Company otherwise may have. Nothing hereinabove set forth shall be deemed to obligate the Company to make any such payments or incur any such charges. If it is determined that such deduction is unauthorized, the Company agrees to reimburse Brackpool ________________promptly, it being understood, however, that notwithstanding the determination that any deduction was unauthorized, the making of such deductions shall not be deemed to be a breach by the Company of any of its obligations to Brackpool ________________hereunder.

Deduction and Reimbursement. Brackpool Speer hereby agrees that the Company may deduct and withhold wixxxxxd from the compensation payable to Brackpool Speer hereunder any amounts of money required to be deducted dexxxxxd or withheld by the Company under the provisions of any and all applicable local, state or federal statutes or regulations or any amendments thereto hereafter enacted requiring the withholding or deducting of compensation. In the event the Company makes any payments or incurs any charges for BrackpoolSpeer's account, the Company shall have the right, and Brackpool Xxxxx hereby authorizes the Company, to deduct from any compensation anx xxxpensation payable to Brackpool Speer hereunder any charges so paid or incurred by the CompanyXxxxany, but such right of deduction shall not be deemed to limit or exclude any other rights of credit or recovery or any other remedies the Company otherwise may have. Nothing hereinabove set forth shall be deemed to obligate the Company to make any such payments or incur any such charges. If it is determined that such deduction is unauthorized, the Company agrees to reimburse Brackpool Speer promptly, it being understood, however, that notwithstanding notxxxxxtanding the determination that any deduction was unauthorized, the making of such deductions shall not be deemed to be a breach by the Company of any of its obligations to Brackpool Speer hereunder.

Deduction and Reimbursement. Brackpool Shaheen hereby agrees that the Company may deduct and withhold from the compensation payable to Brackpool Shaheen hereunder any amounts of money required to be deducted or withheld by the Company under the provisions of any and all applicable local, state or federal statutes or regulations or any amendments thereto hereafter enacted requiring the withholding or deducting of compensation. In the event the Company makes any payments or incurs any charges for BrackpoolShaheen's account, the Company shall have the right, and Brackpool Shaheen hereby authorizes the Company, to deduct from any compensation payable to Brackpool Shaheen hereunder any charges so paid or incurred by the Company, but such right of deduction shall not be deemed to limit or exclude any other rights of credit or recovery or any other remedies the Company otherwise may have. Nothing hereinabove set forth shall be deemed to obligate the Company to make any such payments or incur any such charges. If it is determined that such deduction is unauthorized, the Company agrees to reimburse Brackpool Shaheen promptly, it being understood, however, that notwithstanding the determination that any deduction was unauthorized, the making of such deductions shall not be deemed to be a breach by the Company of any of its obligations to Brackpool Shaheen hereunder.