Common use of No Guarantee of Tax Consequences Clause in Contracts

No Guarantee of Tax Consequences. The Company and the Committee make no commitment or guarantee that any federal, state, local or other tax treatment will (or will not) apply or be available to any person eligible for compensation or benefits under this Agreement. The Grantee has been advised and been provided the opportunity to obtain independent legal and tax advice regarding the granting, vesting and settlement of RSUs pursuant to the Plan and this Agreement and the disposition of any Common Stock acquired thereby.

Appears in 20 contracts

Samples: Performance Unit Award Agreement (Independence Contract Drilling, Inc.), Restricted Stock Unit Award Agreement (Independence Contract Drilling, Inc.), Restricted Stock Unit Award Agreement (Independence Contract Drilling, Inc.)

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No Guarantee of Tax Consequences. The Company and the Committee make no commitment or guarantee that any federal, state, local federal or other state tax treatment will (or will not) apply or be available to any person eligible for compensation or benefits under this Agreement. The Grantee has been advised and been provided the opportunity to obtain independent legal and tax advice regarding the granting, vesting and settlement award of RSUs Restricted Stock pursuant to the Plan and this Agreement and the disposition of any Common Stock acquired thereby.

Appears in 3 contracts

Samples: Performance Based Award Agreement (Basic Energy Services Inc), Performance Based Award Agreement (Basic Energy Services Inc), Performance Based Award Agreement (Basic Energy Services Inc)

No Guarantee of Tax Consequences. The Company and the Committee make no commitment or guarantee that any federal, state, local federal or other state tax treatment will (or will not) apply or be available to any person eligible for compensation or benefits under this Agreement. The Grantee has been advised and been provided the opportunity to obtain independent legal and tax advice regarding the granting, vesting and settlement award of RSUs Shares pursuant to the Plan and this Agreement and the disposition of any Common Stock acquired thereby.

Appears in 2 contracts

Samples: Restricted Stock Grant Agreement (Basic Energy Services Inc), Restricted Stock Grant Agreement (Basic Energy Services Inc)

No Guarantee of Tax Consequences. The Company and the Committee make no commitment or guarantee that any federal, state, local or other tax treatment will (or will not) apply or be available to any person eligible for compensation or benefits under this Agreement. The Grantee has been advised and been provided the opportunity to obtain independent legal and tax advice regarding the granting, vesting and settlement of RSUs Restricted Shares pursuant to the Plan and this Agreement and the disposition of any Common Stock acquired therebyAgreement.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Independence Contract Drilling, Inc.), Restricted Stock Award Agreement (Independence Contract Drilling, Inc.)

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No Guarantee of Tax Consequences. The Company and the Committee make no commitment or guarantee that any federal, state, local or other tax treatment will (or will not) apply or be available to any person eligible for compensation or benefits under this Agreement. The Grantee has been advised and been provided the opportunity to obtain independent legal and tax advice regarding the granting, vesting and settlement of RSUs Awards pursuant to the Plan and this Agreement and the disposition of any Common Stock acquired therebyAgreement.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Independence Contract Drilling, Inc.)

No Guarantee of Tax Consequences. The Company and the Committee make no commitment or guarantee that any federal, state, local or other tax treatment will (or will not) apply or be available to any person eligible for compensation or benefits under this Agreement. The Grantee has been advised and been provided the opportunity to obtain independent legal and tax advice regarding the granting, vesting and settlement of RSUs pursuant to the Plan and this Agreement and the disposition of any Common Stock acquired thereby.. ​ HOU:3760738.2 ‌ ​

Appears in 1 contract

Samples: Performance Unit Award Agreement (Independence Contract Drilling, Inc.)

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