Common use of Limitation or Additional Payment Clause in Contracts

Limitation or Additional Payment. In the event that any portion of the payments and benefits provided to you under this Amendment and any other payments and benefits under any other agreement with or plan of the Company (in the aggregate, "Total Payments") would be subject to the excise tax imposed by Section 4999 of the Internal Revenue Code (the "Excise Tax"), then (4.1(a)) or (4.1(b)) below shall apply:

Appears in 2 contracts

Samples: Your Agreement (Chyron Corp), Chyron Corp

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Limitation or Additional Payment. In the event that any portion of the payments and benefits provided to you under this Amendment and any other payments and benefits under any other agreement with or plan of the Company (in the aggregate, "β€œTotal Payments"”) would be subject to the excise tax imposed by Section 4999 of the Internal Revenue Code (the "Excise Tax"), then (4.1(a)) or (4.1(b)) below shall apply:

Appears in 2 contracts

Samples: Your Agreement (Chyron Corp), Chyron Corp

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Limitation or Additional Payment. In the event that any portion of the payments and benefits provided to you under this Amendment and any other payments and benefits under any other agreement with or plan of the Company (in the aggregate, "Total Payments") would be subject to the excise tax imposed by Section 4999 of the Internal Revenue Code (the "Excise Tax"), then (4.1(a)) or (4.1(b4.2(b)) below shall apply:

Appears in 1 contract

Samples: Chyron Corp

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