Common use of Income Tax Treatment Clause in Contracts

Income Tax Treatment. Employee and the Company acknowledge that it is -------------------- the intention of the Company to deduct all amounts paid under SECTION 2 hereof as ordinary and necessary business expenses for income tax purposes. Employee agrees and represents that he will treat all such amounts as required pursuant to all applicable tax laws and regulations.

Appears in 11 contracts

Samples: Employment Agreement (Compass International Services Corp), Employment Agreement (Compass International Services Corp), Employment Agreement (Compass International Services Corp)

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Income Tax Treatment. Employee and the Company acknowledge that it is -------------------- the intention of the Company to deduct all amounts paid under SECTION Section 2 hereof as ordinary and necessary business expenses for income tax purposes. Employee agrees and represents that he will treat all such amounts as required pursuant to all applicable tax laws and regulations.

Appears in 2 contracts

Samples: Employment Agreement (Compass International Services Corp), Employment Agreement (Compass International Services Corp)

Income Tax Treatment. Employee and the Company acknowledge that it is -------------------- the intention of the Company to deduct all amounts paid under SECTION 2 hereof as ordinary and necessary business expenses for income tax purposes. Employee agrees and represents that he she will treat all such amounts as required pursuant to all applicable tax laws and regulations.

Appears in 2 contracts

Samples: Employment Agreement (Compass International Services Corp), Employment Agreement (Compass International Services Corp)

Income Tax Treatment. Employee and the Company acknowledge that it is -------------------- the intention of the Company to deduct all amounts paid under SECTION Section 2 hereof as ordinary and necessary business expenses for income tax purposes. Employee agrees and represents that he will treat all such amounts as required pursuant to all applicable tax laws and regulations.

Appears in 1 contract

Samples: Employment Agreement (Centerpoint Advisors Inc)

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Income Tax Treatment. Employee and the Company acknowledge that it is -------------------- the intention of the Company to deduct all amounts paid under SECTION Section 2 hereof as ordinary and necessary business expenses for income tax purposes. Employee agrees and represents that he or she will treat all such amounts as required pursuant to all applicable tax laws and regulations.

Appears in 1 contract

Samples: Employment Agreement (Centerpoint Advisors Inc)

Income Tax Treatment. (i) The Employee and the Company acknowledge that it is -------------------- the intention of the Company to deduct all amounts paid under SECTION Section 2 hereof as ordinary and necessary business expenses for income tax purposes. The Employee agrees and represents that he the Employee will treat all such amounts paid hereunder as required pursuant to all applicable ordinary income for income tax laws and regulationspurposes.

Appears in 1 contract

Samples: Change in Control Agreement (Kips Bay Medical, Inc.)

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