Common use of Financial Planning Clause in Contracts

Financial Planning. The Company shall reimburse the Executive for all legal, and accounting costs, fees, and expenses incurred each year by the Executive in connection with (a) income tax preparation and (b) estate planning, provided that the aggregate annual expenses to be reimbursed shall not exceed Twenty Thousand Dollars ($20,000). To the extent that any and all such reimbursements or payments by the Company are includable in Executive’s gross income and taxable, then the Company shall, on or before June 1 of the year after the payment is made, reimburse the Executive for such taxes.

Appears in 3 contracts

Samples: Employment Agreement (Eightco Holdings Inc.), Employment Agreement (Cryptyde, Inc.), Employment Agreement (Cryptyde, Inc.)

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Financial Planning. The Company shall reimburse the Executive for all legal, and accounting costs, fees, and expenses incurred each year by the Executive in connection with (a) income tax preparation and (b) estate planning, provided that the aggregate annual expenses to be reimbursed shall not exceed Twenty Thousand Dollars ($20,00020,000.00). To the extent that any and all such reimbursements or payments by the Company are includable in Executive’s gross income and taxable, then the Company shall, on or before June 1 of the year after the payment is made, reimburse pay the Executive for such taxesTax Effect thereof to Executive.

Appears in 2 contracts

Samples: Employment Agreement (Cryptyde, Inc.), Employment Agreement (Cryptyde, Inc.)

Financial Planning. The Company shall reimburse the Executive for all legal, and accounting costs, fees, and expenses incurred each year by the Executive in connection with (a) income tax preparation and (b) estate planning, provided that the aggregate annual expenses to be reimbursed shall not exceed Twenty Ten Thousand Dollars ($20,00010,000.00). To the extent that any and all such reimbursements or payments by the Company are includable in Executive’s gross income and taxableincome, then the Company shall, on or before June 1 of the year after the payment is made, reimburse pay the Executive for such taxesTax Effect thereof to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Meridian Waste Solutions, Inc.), Employment Agreement (Brooklyn Cheesecake & Desert Com)

Financial Planning. The Company shall reimburse the Executive for all legal, and accounting costs, fees, and expenses incurred each year by the Executive in connection with (a) income tax preparation and (b) estate planning, provided that the aggregate annual expenses to be reimbursed shall not exceed Twenty Ten Thousand Dollars ($20,00010,000.00). To the extent that any and all such reimbursements or payments by the Company are includable in Executive’s gross income and taxableincome, then the Company shall, on or before June April 1 of the year after the payment is made, reimburse pay the Executive for such taxesTax Effect thereof to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Stakool, Inc.)

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Financial Planning. The Company shall reimburse the Executive for all legal, and accounting costs, fees, and expenses incurred each year by the Executive in connection with (a) income tax preparation and (b) estate planning, provided that the aggregate annual expenses to be reimbursed shall not exceed Twenty Ten Thousand Dollars ($20,00010,000.00). To the extent that any and all such reimbursements or payments by the Company are includable in Executive’s gross income and taxable, then the Company shall, on or before June 1 of the year after the payment is made, reimburse pay the Executive for such taxesTax Effect thereof to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Esports Entertainment Group, Inc.)

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