Common use of Indemnification and Reimbursement of Payments on Behalf of Executive Clause in Contracts

Indemnification and Reimbursement of Payments on Behalf of Executive. Employer shall be entitled to deduct or withhold from any amounts owing from Employer to Executive any federal, state, local or foreign withholding taxes, excise taxes, or employment taxes ("Taxes") imposed with respect to Executive's compensation or other payments from Employer, including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity. In the event Employer does not make such deductions or withholdings, Executive shall indemnify Employer for any amounts paid with respect to any such Taxes, together with any interest, penalties and related expenses thereto.

Indemnification and Reimbursement of Payments on Behalf of Executive. Employer shall be entitled to deduct or withhold from any amounts owing from Employer to Executive any federal, state, local or foreign withholding taxes, excise taxes, or employment taxes ("“Taxes"”) imposed with respect to Executive's ’s compensation or other payments from Employer, including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity. In the event Employer does not make such deductions or withholdings, Executive shall indemnify Employer for any amounts paid with respect to any such Taxes, together with any interest, penalties and related expenses thereto.

Indemnification and Reimbursement of Payments on Behalf of Executive. Employer shall be entitled to deduct or withhold from any amounts owing from Employer to Executive any federal, state, local or foreign withholding taxes, excise taxes, or employment taxes ("Taxes") imposed with respect to Executive's compensation or other payments from Employer, including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity. In the event Employer does not make such deductions or withholdings, Executive shall indemnify Employer for any amounts paid or required to be paid by Employer to the relevant taxing authorities with respect to any such Taxes, together with any interest, penalties and related expenses thereto.

Indemnification and Reimbursement of Payments on Behalf of Executive. Employer shall be entitled to deduct or withhold from any amounts owing from Employer to Executive any federal, state, local or foreign withholding taxes, excise taxes, or employment taxes ("Taxes") imposed with respect to Executive's compensation or other payments from Employer, including, without limitation, wages, bonuses, dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity. In the event Employer does not make such deductions or withholdings, Executive shall indemnify Employer for any amounts paid to the relevant taxing authorities with respect to any such Taxes, together with any interest, penalties and related expenses thereto.