Common use of Payments Calculation Notice Clause in Contracts

Payments Calculation Notice. At the time that payments are made under this Agreement, the Company shall provide the Executive with a written statement setting forth the manner in which such payments were calculated and the basis for such calculations including, without limitation, any opinions or other advice the Company has received from Tax Counsel, the Auditor or other advisors or consultants (and any such opinions or advice which are in writing shall be attached to the statement). If the Executive objects to the Company’s calculations, the Company shall pay to the Executive such portion of the Severance Payments (up to 100% thereof) as the Executive determines is necessary to result in the proper application of subsection A of this Section 6.2.

Appears in 7 contracts

Samples: Change in Control Severance Agreement (Sapient Corp), Change in Control Severance Agreement (Sapient Corp), Change in Control Severance Agreement (Sapient Corp)

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