Common use of Parachute Tax Clause in Contracts

Parachute Tax. (a) Except in the specific circumstance hereinafter described in this paragraph 14, the Company shall pay to the Executive the full amount to which he is entitled under this Agreement.

Appears in 4 contracts

Samples: Champion International Corp, Champion International Corp, Champion International Corp

AutoNDA by SimpleDocs

Parachute Tax. (a) Except in the specific circumstance hereinafter described in this paragraph 1421, the Company shall pay to the Executive the full amount to which he is entitled under this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Champion International Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.