Override. For purpose of this paragraph, if any federal or state income taxes would be attributable to the receipt of any Eliminated Payment, the amount of such taxes shall be computed by multiplying the amount of the Eliminated Payment by the maximum combined federal and state income tax rate provided by law.
Appears in 6 contracts
Samples: Employment Agreement (Nabriva Therapeutics PLC), Employment Agreement (Nabriva Therapeutics PLC), Employment Agreement (Nabriva Therapeutics PLC)
Override. For purpose of this paragraph, if any federal or state income taxes would be attributable to the receipt of any Eliminated Payment, the amount of such taxes shall be computed by multiplying the amount of the Eliminated Payment by the maximum combined federal and state income tax rate provided by law. .
Appears in 4 contracts
Samples: Employment Agreement (Hasbro, Inc.), Employment Agreement, Employment Agreement (Achillion Pharmaceuticals Inc)
Override. For purpose of this paragraph, if any federal or state income taxes would be attributable to the receipt of any Eliminated Payment, the amount of such taxes shall be computed by multiplying the amount of the Eliminated Payment by the maximum combined federal and state income tax rate provided by law. .
(c) For purposes of this Section 19 the following terms shall have the following respective meanings:
Appears in 2 contracts
Samples: Employment Agreement (PSQ Holdings, Inc.), Employment Agreement (PSQ Holdings, Inc.)
Override. For purpose of this paragraphSection, if any federal or state income taxes would be attributable to the receipt of any Eliminated Payment, the amount of such taxes shall be computed by multiplying the amount of the Eliminated Payment by the maximum combined federal and state income tax rate provided by law. .
Appears in 2 contracts
Samples: Executive Severance and Retention Agreement (Sm&A), Executive Severance and Retention Agreement (Sm&A)