Common use of Deduction of Taxes Clause in Contracts

Deduction of Taxes. The Company shall have the right to deduct or withhold from the compensation due to Employee hereunder any and all sums required for Federal Income and Social Security taxes and all other federal, state or local taxes now applicable or that may be enacted and become applicable in the future.

Appears in 4 contracts

Samples: Employment Agreement (Capricor Therapeutics, Inc.), Employment Agreement (Capricor Therapeutics, Inc.), Employment Agreement (Capricor Therapeutics, Inc.)

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Deduction of Taxes. The Company shall have the right to deduct or withhold from the compensation due to Employee Executive hereunder any and all sums required for Federal Income and Social Security taxes and all other federal, state or local taxes now applicable or that may be enacted and become applicable in the future.

Appears in 3 contracts

Samples: Employment Agreement (Capricor Therapeutics, Inc.), Employment Agreement (Capricor Therapeutics, Inc.), Employment Agreement (Capricor Therapeutics, Inc.)

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