No Tax Liability. Under no circumstances will Facebook or Facebook’s Counsel have any liability for taxes or tax expenses under the Settlement. Plaintiffs, Plaintiffs’ Counsel, Class Members, and the recipients of cy pres funds are responsible for any taxes on their respective recoveries or awards. Nothing in this Settlement Agreement, or statements made during the negotiation of its terms, shall constitute tax advice by Facebook or Facebook’s Counsel.
Appears in 4 contracts
Samples: Amended Settlement Agreement and Release, Settlement Agreement and Release, Amended Settlement Agreement and Release