Common use of Payment of Fee and status as a non-taxable consultant Clause in Contracts

Payment of Fee and status as a non-taxable consultant. It is hereby also acknowledged and agreed that the Executive will be classified as a non-taxable consultant of the Company for all purposes, such that all compensation which is provided by the Company to the Executive under this Agreement, or otherwise, will be calculated on the foregoing and gross Fee basis and otherwise for which no statutory taxes will first be deducted by the Company.

Appears in 10 contracts

Samples: Executive Services Agreement (Uranium Energy Corp), Executive Consulting Services Agreement (Handeni Gold Inc.), Executive Services Agreement (Pulse Beverage Corp)

AutoNDA by SimpleDocs

Payment of Fee and status as a non-taxable consultant. It is hereby also acknowledged and agreed that the Executive Consultant will be classified as a non-taxable consultant of the Company for all purposes, such that all compensation which is provided by the Company to the Executive Consultant under this Agreement, or otherwise, will be calculated on the foregoing and gross Fee basis and otherwise for which no statutory taxes will first be deducted by the Company.

Appears in 6 contracts

Samples: Executive Services Agreement (Uranium Energy Corp), Consulting Services Agreement (Duma Energy Corp), Consultant Services Agreement (Pulse Beverage Corp)

AutoNDA by SimpleDocs

Payment of Fee and status as a non-taxable consultant. It is hereby also acknowledged and agreed that the Executive will be classified as a non-taxable consultant of the Company Companies for all purposes, such that all compensation which is provided by the Company to the Executive under this Agreement, or otherwise, will be calculated on the foregoing and gross Fee basis and otherwise for which no statutory taxes will first be deducted by the Company.

Appears in 2 contracts

Samples: Executive Services Agreement (I-Level Media Group Inc), Executive Services Agreement (I-Level Media Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!