Common use of Payment to Issuer for Benefit of Deduction to Employer Clause in Contracts

Payment to Issuer for Benefit of Deduction to Employer. (i) Trident shall pay an amount equal to twenty-five percent (25%) of any Deferred Compensation Deduction claimed by Trident or any of its Affiliates in accordance with Section 6.1(a) (x) to Fountain with respect to stock issued by Fountain and (y) to Athens NA with respect to stock issued by Athens NA.

Appears in 5 contracts

Samples: Sharing Agreement, Tax Sharing Agreement (Tyco International LTD), Tax Sharing Agreement (ADT Corp)

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Payment to Issuer for Benefit of Deduction to Employer. (i) Trident shall pay an amount equal to twenty-five percent (25%) of any Deferred Compensation Deduction claimed by Trident or any of its Affiliates in accordance with Section 6.1(a6.l(a) (x) to Fountain with respect to stock issued by Fountain and (y) to Athens NA with respect to stock issued by Athens NA.

Appears in 2 contracts

Samples: Tax Sharing Agreement (ADT, Inc.), Tax Sharing Agreement (ADT, Inc.)

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