Common use of Payment of compensation as a non-taxable consultant Clause in Contracts

Payment of compensation as a non-taxable consultant. It is hereby acknowledged and agreed that the Consultant will be classified as a non-taxable consultant of the Company for all purposes. In this regard, and for all matters relating to this Agreement therefore, the Consultant will be a consultant of the Company under the meaning or application of any and all applicable federal and state unemployment, insurance and workers' compensation laws, and otherwise.

Appears in 4 contracts

Samples: Consulting Services and Option Agreement (Strategic American Oil Corp), Consulting Services and Option Agreement (Strategic American Oil Corp), Finance Consulting Services Agreement (Uranium Energy Corp)

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Payment of compensation as a non-taxable consultant. It is hereby acknowledged and agreed that the Consultant Employee will be classified as a non-taxable consultant of the Company for all purposes. In this regard, and for all matters relating to this Agreement therefore, the Consultant Employee will be a consultant of the Company under the meaning or application of any and all applicable federal and state unemployment, insurance and workers' compensation laws, and otherwise.

Appears in 2 contracts

Samples: Employment Services Agreement (Strategic American Oil Corp), Employment Services Agreement (Strategic American Oil Corp)

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