Employer’s Gross-Up Obligation. This Agreement is intended to comply with Code Section 409A, and it is intended that no amounts payable hereunder shall be subject to tax under Section 409A. If, however, Executive pays taxes imposed pursuant to Code Section 409A, Employer shall reimburse Executive to the extent provided in Section 12.2 or 12.3.
Appears in 5 contracts
Samples: Employment Agreement (Emmis Communications Corp), Employment Agreement (Emmis Communications Corp), Employment Agreement (Emmis Communications Corp)
Employer’s Gross-Up Obligation. This Agreement is intended to comply with Code Section 409A, and it is intended that no amounts payable hereunder shall be subject to tax under Section 409A. If, however, Executive pays taxes imposed pursuant to Code Section 409A, Employer shall reimburse Executive to the extent provided in Section 12.2 13.2 or 12.313.3.
Appears in 3 contracts
Samples: Employment Agreement (Emmis Communications Corp), Employment Agreement (Emmis Communications Corp), Employment Agreement (Emmis Communications Corp)
Employer’s Gross-Up Obligation. This Agreement is intended to comply with Code Section 409A, and it is intended that no amounts payable hereunder shall be subject to tax under Section 409A. If, however, Executive pays taxes imposed pursuant to Code Section 409A, Employer shall reimburse Executive to the extent provided in Section 12.2 16.2 or 12.316.3.
Appears in 1 contract
