Common use of Determination by Independent Public Accountants Clause in Contracts

Determination by Independent Public Accountants. Unless the Company and the Executive otherwise agree in writing, determination of whether the Executive would be subject to any United States federal excise tax pursuant to Section 4999 of the Code shall be made in writing by an independent public accountant agreed to by the Company and the Executive (the “Accountant”), whose determination shall be conclusive and binding upon the Executive and the Company for all purposes. For purposes of making the calculations required by this Section 3, the Accountant may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code. The Company and the Executive shall furnish the Accountant such information and documents as the Accountant may reasonably request in order to make the required determinations. The Company shall bear all reasonable fees and expenses of the Accountant in connection with the services contemplated by this Section 3.

Appears in 4 contracts

Samples: Change of Control and Retention Agreement (Diamond Foods Inc), Change of Control and Retention Agreement (Diamond Foods Inc), Change of Control and Retention Agreement (Diamond Foods Inc)

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Determination by Independent Public Accountants. Unless the Company and the Executive otherwise agree in writing, determination of whether the Executive would be subject to any United States federal excise tax pursuant to Section 4999 of the Code shall be made in writing by an independent public accountant agreed to by the Company and the Executive (the “Accountant”"ACCOUNTANT"), whose determination shall be conclusive and binding upon the Executive and the Company for all purposes. For purposes of making the calculations required by this Section 3, the Accountant may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code. The Company and the Executive shall furnish the Accountant such information and documents as the Accountant may reasonably request in order to make the required determinations. The Company shall bear all reasonable fees and expenses of the Accountant in connection with the services contemplated by this Section 3.

Appears in 1 contract

Samples: Change of Control and Retention Agreement (Diamond Foods Inc)

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