Common use of Income and Employment Taxes Clause in Contracts

Income and Employment Taxes. Executives agrees that Executive will be responsible for any applicable taxes of any nature (including any penalties or interest that may apply to such taxes) that the Company reasonably determines apply to any payment made hereunder, that Executive’s receipt of any benefit hereunder is conditioned on Executive’s satisfaction of any applicable withholding or similar obligations that apply to such benefit, and that any cash payment owed hereunder will be reduced to satisfy any such withholding or similar obligations that may apply.

Appears in 21 contracts

Samples: Severance and Change in Control Agreement (Docusign, Inc.), Severance and Change in Control Agreement (Docusign, Inc.), Executive Severance and Change in Control Agreement (Docusign, Inc.)

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Income and Employment Taxes. Executives agrees that Executive will shall be responsible for any applicable taxes of any nature (including any penalties or interest that may apply to such taxes) that the Company reasonably determines apply to any payment made hereunder, that Executive’s receipt of any benefit hereunder is conditioned on Executive’s satisfaction of any applicable withholding or similar obligations that apply to such benefit, and that any cash payment owed hereunder will be reduced to satisfy any such withholding or similar obligations that may apply.

Appears in 20 contracts

Samples: Change in Control and Severance Agreement (Principia Biopharma Inc.), Change in Control and Severance Agreement (Principia Biopharma Inc.), Change in Control Agreement (Apollo Endosurgery, Inc.)

Income and Employment Taxes. Executives Executive agrees that Executive will shall be responsible for any applicable taxes of any nature (including any penalties or interest that may apply to such taxes) that the Company reasonably determines apply to any payment made hereunder, that Executive’s receipt of any benefit hereunder is conditioned on Executive’s satisfaction of any applicable withholding or similar obligations that apply to such benefit, and that any cash payment owed hereunder will be reduced to satisfy any such withholding or similar obligations that may apply.

Appears in 7 contracts

Samples: Executive Severance Agreement (Personalis, Inc.), Executive Severance Agreement (Personalis, Inc.), Executive Severance Agreement (Personalis, Inc.)

Income and Employment Taxes. Executives Executive agrees that Executive will shall be responsible for any employee-side (but not employer-side) applicable taxes of any nature (including any penalties or interest that may apply to such taxes) that the Company reasonably determines apply to any payment made hereunder, that Executive’s receipt of any benefit hereunder is conditioned on Executive’s satisfaction of any applicable withholding or similar obligations that apply to such benefit, and that any cash payment owed hereunder will be reduced to satisfy any such withholding or similar obligations that may apply.

Appears in 7 contracts

Samples: Severance and Change of Control Agreement (Phoenix Technologies LTD), Severance and Change of Control Agreement (Phoenix Technologies LTD), Severance and Change of Control Agreement (Phoenix Technologies LTD)

Income and Employment Taxes. Executives agrees that Executive will be is responsible for any applicable taxes of any nature (including any penalties or interest that may apply to such taxes) that the Company reasonably determines apply to any payment made hereunder, that . Executive’s receipt of any benefit hereunder is conditioned on Executive’s his or her satisfaction of any applicable withholding or similar obligations that apply to such benefit, benefit and that any cash payment owed hereunder will be reduced to satisfy any such withholding or similar obligations that may apply.

Appears in 4 contracts

Samples: Release Agreement (Fibrogen Inc), Release Agreement (Fibrogen Inc), Release Agreement (Fibrogen Inc)

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Income and Employment Taxes. Executives Executive agrees that Executive will be responsible for any applicable taxes of any nature (including any penalties or interest that may apply to such taxes) that the Company reasonably determines apply to any payment made hereunder, that Executive’s receipt of any benefit hereunder is conditioned on Executive’s satisfaction of any applicable withholding or similar obligations that apply to such benefit, and that any cash payment owed hereunder will be reduced to satisfy any such withholding or similar obligations that may apply.

Appears in 1 contract

Samples: Severance and Change in Control Agreement (Docusign, Inc.)

Income and Employment Taxes. Executives agrees that Executive will be responsible for any applicable taxes of any nature (including any penalties or interest that may apply to such taxes) that the Company reasonably determines apply to any payment made hereunder, that Executive’s 's receipt of any benefit hereunder is conditioned on Executive’s 's satisfaction of any applicable withholding or similar obligations that apply to such benefit, and that any cash payment owed hereunder will be reduced to satisfy any such withholding or similar obligations that may apply.

Appears in 1 contract

Samples: Severance and Change in Control Agreement (Docusign, Inc.)

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