Common use of Gross Up for Additional Tax Clause in Contracts

Gross Up for Additional Tax. In all events, and to the extent not otherwise reimbursed, the Company hereby agrees that if any payment pursuant to this Section 2.1 is deemed to be taxable income to the Stockholders, the amount of such payment to the Stockholders shall be increased by an amount necessary to equal the Stockholders’ additional Tax Liability related to such amount (including, without limitation, any taxes on such additional amounts) so that the net amount received and retained by the Stockholders after payment by the Stockholders of all taxes associated with the payment is equal to the payment otherwise required to be made.

Gross Up for Additional Tax. In all events, and to the extent not otherwise reimbursed, the Company Stockholders hereby agrees agree that if any payment pursuant to this Section 2.1 2.2.2 is deemed to be taxable income to the StockholdersCompany, the amount of such payment to the Stockholders shall be increased by an amount necessary to equal the Stockholders’ Company’s additional Tax Liability related to such amount (including, without limitation, any taxes on such additional amounts) so that the net amount received and retained by the Stockholders Company after payment by the Stockholders Company of all taxes associated with the payment is equal to the payment otherwise required to be made.

Gross Up for Additional Tax. In all events, and to the extent not otherwise reimbursed, the Company Corporation hereby agrees that if any payment pursuant to this Section 2.1 section 2(a) is deemed to be taxable income to the Stockholdersa Shareholder, the amount of such payment to the Stockholders Shareholder shall be increased by an amount necessary to equal the Stockholders’ Shareholder's additional Tax Liability related to such amount (including, without limitation, limitation any taxes on such additional amounts) so that the net amount received and retained by the Stockholders a Shareholder after payment by the Stockholders Shareholder of all taxes associated with the payment is equal to the payment otherwise required to be made.