Common use of Determination of Gross Up Payment Amount Clause in Contracts

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive and approved by the Company, which approval will not be unreasonably withheld. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph (c).

Appears in 19 contracts

Samples: Executive Employment Agreement (Wyndham International Inc), Executive Employment Agreement (Wyndham International Inc), Executive Employment Agreement (Wyndham International Inc)

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Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive and approved by the Company, which approval will not be unreasonably withheldEmployee. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subsection (c).

Appears in 4 contracts

Samples: Employment Agreement (Orthalliance Inc), Employment Agreement (Physicians Resource Group Inc), Employment Agreement (Physicians Resource Group Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive and approved by the Company, which approval will not be unreasonably withheld. The costs of obtaining the opinion of tax counsel shall be borne by the Company. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph (c).

Appears in 4 contracts

Samples: Executive Employment Agreement (Patriot American Hospitality Inc/De), Executive Employment Agreement (Wyndham International Inc), Executive Employment Agreement (Wyndham International Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive and reasonably approved by the CompanyCorporation, which approval will not be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph (cSection 7(d)(iv).

Appears in 1 contract

Samples: Employment Agreement (Siga Technologies Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive and approved by the CompanyEmployer, which approval will not be unreasonably withheld. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph (c).

Appears in 1 contract

Samples: Executive Employment Agreement (Bradley Real Estate Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel (“Tax Counsel”) selected by the Executive and reasonably approved by the Company, which approval will not be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or other applicable (including, without limitation, state and local or local) taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph (cSection 8(b).

Appears in 1 contract

Samples: Employment Agreement (Randgold Resources LTD)

Determination of Gross Up Payment Amount. The determination ---------------------------------------- of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive and approved by the CompanyEmployer, which approval will not be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subparagraph (cd).

Appears in 1 contract

Samples: Executive Employment Agreement (Wyndham International Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Cxxxxx and reasonably approved by the Company, which approval will not be unreasonably withheldwithheld or delayed whether or not the Company is required to make the Gross-Up Payment. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subparagraph (ce).

Appears in 1 contract

Samples: Employment Agreement (Lev Pharmaceuticals Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Employee and approved by reasonable acceptable to the Company, which approval will not be unreasonably withheld. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subsection (c).

Appears in 1 contract

Samples: Employment Agreement (Sonic Innovations Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Cooper and reasonably approved by the Company, which approval will not wxxx xxt be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subparagraph (cd).

Appears in 1 contract

Samples: Employment Agreement (Fun City Popcorn Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive and approved by the CompanyCompanies, which approval will not be unreasonably withheld. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph (c).

Appears in 1 contract

Samples: Executive Employment Agreement (Wyndham International Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Hruby and reasonably approved by the CompanyCorporation, which xxxxh approval will not be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph (cParagraph 8(d)(iv).

Appears in 1 contract

Samples: Employment Agreement (Siga Technologies Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Schein and reasonably approved by the CompanyCorporation, which approval will not be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subparagraph (cd).

Appears in 1 contract

Samples: Employment Agreement (Siga Technologies Inc)

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Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Schein and reasonably approved by the Company, which approval will not be unreasonably withheldwithheld or delayed whether or not the Company is required to make the Gross-Up Payment. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subparagraph (ce).

Appears in 1 contract

Samples: Employment Agreement (Lev Pharmaceuticals Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Schein and reasonably approved by the Company, which approval will not be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subparagraph (cd).

Appears in 1 contract

Samples: Employment Agreement (Fun City Popcorn Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Schein and reasonably approved by the Company, which approval will not be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subparagraph (cb).

Appears in 1 contract

Samples: Amended and Restated Employment Agreement (Lev Pharmaceuticals Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Xxxxxx and reasonably approved by the Company, which approval will not be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subparagraph (cb).

Appears in 1 contract

Samples: Amended and Restated Employment Agreement (Lev Pharmaceuticals Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive and approved by the Company, which approval will not be unreasonably withheld. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Gross-Up Payments will be made in the manner provided by this Subparagraph (c).

Appears in 1 contract

Samples: Executive Employment Agreement (Wyndham International Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Xxxxxx and reasonably approved by the CompanyCorporation, which approval will not be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subparagraph (cd).

Appears in 1 contract

Samples: Employment Agreement (Siga Technologies Inc)

Determination of Gross Up Payment Amount. The determination of whether the Excise Tax is payable and the amount thereof will be based upon the opinion of tax counsel selected by Executive Konatich and reasonably approved by the CompanyCorporation, which approval will not be unreasonably withheldwithheld or delayed. If such opinion is not finally accepted by the Internal Revenue Service (or state and local taxing authorities), then appropriate adjustments to the Excise Tax will be computed and additional Gross Up Payments will be made in the manner provided by this Subparagraph subparagraph (cd).

Appears in 1 contract

Samples: Employment Agreement (Siga Technologies Inc)

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