Common use of Excise Tax Withholding Clause in Contracts

Excise Tax Withholding. Notwithstanding anything contained in this Agreement to the contrary, in the event that according to the determination, an Excise Tax will be imposed on any Payment or Payments, Employer or its successor shall pay to the applicable government taxing authorities as Excise Tax withholding, the amount of the Excise Tax that Employer has actually withheld from the Payment or Payments.

Appears in 24 contracts

Samples: Agreement and General Release (Farmers & Merchants Bancorp), Agreement and General Release (Farmers & Merchants Bancorp), Non Disclosure Agreement (Farmers & Merchants Bancorp)

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Excise Tax Withholding. Notwithstanding anything contained in this Agreement to the contrary, in the event that according to the determination, an Excise Tax will be imposed on any Payment or Payments, Employer the Bank or its successor shall pay to the applicable government taxing authorities as Excise Tax withholding, the amount of the Excise Tax that Employer the Bank has actually withheld from the Payment or Payments.

Appears in 14 contracts

Samples: Agreement and General Release (Farmers & Merchants Bancorp), Agreement and General Release (Farmers & Merchants Bancorp), Agreement and General Release (Farmers & Merchants Bancorp)

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Excise Tax Withholding. Notwithstanding anything contained in this Agreement to the contrary, in the event that according to the determination, an Excise Tax will be imposed on any Payment or Payments, the Employer or its successor shall pay to the applicable government taxing authorities as Excise Tax withholding, the amount of the Excise Tax that the Employer has actually withheld from the Payment or Payments.

Appears in 6 contracts

Samples: Employment Agreement (Farmers & Merchants Bancorp), Employment Agreement (Farmers & Merchants Bancorp), Employment Agreement (Farmers & Merchants Bancorp)

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