Excise Tax Equalization Payment. In the event that the Executive becomes entitled to payments and/or benefits which would constitute "parachute payments" within the meaning of Section 280G(b)(2) of the Code, the provisions of Exhibit A will apply.
Appears in 13 contracts
Samples: Employment Agreement (Textron Inc), Employment Agreement (Textron Inc), Employment Agreement (Textron Inc)
Excise Tax Equalization Payment. In the event that the Executive becomes entitled to payments and/or benefits which would constitute "parachute payments" within the meaning of Section 280G(b)(2) of the Code, the provisions of Exhibit A B will apply.
Appears in 5 contracts
Samples: Employment Agreement (Textron Inc), Employment Agreement (Textron Inc), Employment Agreement (Textron Inc)
Excise Tax Equalization Payment. In the event that the Executive becomes entitled to payments and/or benefits which would constitute "βparachute payments" β within the meaning of Section 280G(b)(2) of the Code, the provisions of Exhibit A will apply.
Appears in 1 contract
Samples: Employment Agreement (Textron Inc)
Excise Tax Equalization Payment. In the event that the Executive becomes entitled to payments and/or benefits which that would constitute "parachute payments" within the meaning of Section 280G(b)(2) of the Code, the provisions of Exhibit A will apply.
Appears in 1 contract
Samples: Employment Agreement (Textron Inc)