Common use of Recipient’s Responsibilities for Tax Consequences Clause in Contracts

Recipient’s Responsibilities for Tax Consequences. Tax consequences on the Recipient (including without limitation federal, state, local and foreign income tax consequences) with respect to the Restricted Stock (including without limitation the grant, vesting and/or forfeiture thereof) are the sole responsibility of the Recipient. The Recipient shall consult with his or her own personal accountant(s) and/or tax advisor(s) regarding these matters, the making of a Section 83(b) Election, and the Recipient’s filing, withholding and payment (or tax liability) obligations.

Appears in 22 contracts

Samples: Restricted Stock Agreement (Jarden Corp), Restricted Stock Agreement (Jarden Corp), Restricted Stock Agreement (Jarden Corp)

AutoNDA by SimpleDocs

Recipient’s Responsibilities for Tax Consequences. Tax The tax consequences on to the Recipient (including without limitation federal, state, local and foreign income tax consequences) with respect to the Shares of Restricted Stock (including without limitation the grant, vesting and/or forfeiture thereof) are the sole responsibility of the Recipient. The Recipient shall consult with his or her own personal accountant(s) and/or tax advisor(s) regarding these matters, the making of a Section 83(b) Election, and the Recipient’s filing, withholding and payment (or tax liability) obligations.

Appears in 3 contracts

Samples: Advisory Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Restricted Stock Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Restricted Stock Agreement (McMillan Peter)

Recipient’s Responsibilities for Tax Consequences. Tax The tax consequences on to the Recipient (including without limitation federal, state, local local, and foreign income tax consequences) with respect to the Restricted Stock Units (including without limitation the grant, vesting vesting, and/or forfeiture delivery of Shares in settlement thereof) are the sole responsibility of the Recipient. The Recipient shall consult with his or her own personal accountant(s) and/or tax advisor(s) regarding these matters, the making of a Section 83(b) Election, matters and the Recipient’s filing, withholding withholding, and payment (or tax liability) obligations.

Appears in 2 contracts

Samples: Stock Option Agreement, Stock Option Agreement (Lifelock, Inc.)

Recipient’s Responsibilities for Tax Consequences. Tax The tax consequences on to the Recipient (including without limitation federal, state, local and foreign income tax consequences) with respect to the Restricted Stock Bonus (including without limitation the grant, vesting and/or forfeiture delivery thereof) are the sole responsibility of the Recipient. The Recipient shall consult with his or her own personal accountant(s) and/or tax advisor(s) regarding these matters, the making of a Section 83(b) Election, matters and the Recipient’s filing, withholding and payment (or tax liability) obligations.

Appears in 1 contract

Samples: Long Term Cash Bonus Award (Platform Specialty Products Corp)

Recipient’s Responsibilities for Tax Consequences. Tax consequences on the Recipient (including without limitation federal, state, local and foreign income tax consequences) with respect to the Shares of Restricted Stock (including without limitation the grant, vesting and/or forfeiture thereof) are the sole responsibility of the Recipient. The Recipient shall consult with his or her own personal accountant(s) and/or tax advisor(s) regarding these matters, the making of a Section 83(b) Electionelection, and the Recipient’s filing, withholding and payment (or tax liability) obligations.

Appears in 1 contract

Samples: Restricted Stock Agreement (Destination Xl Group, Inc.)

AutoNDA by SimpleDocs

Recipient’s Responsibilities for Tax Consequences. Tax The tax consequences on to the Recipient (including without limitation federal, state, local local, and foreign income tax consequences) with respect to the Restricted Stock Units (including without limitation the grant, vesting vesting, and/or forfeiture delivery of Shares in settlement thereof) are the sole responsibility of the Recipient. The Recipient shall consult with his or her the Recipients’ own personal accountant(s) and/or tax advisor(s) regarding these matters, the making of a Section 83(b) Election, matters and the Recipient’s filing, withholding withholding, and payment (or tax liability) obligations.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Surna Inc.)

Recipient’s Responsibilities for Tax Consequences. Tax The tax consequences on the to Recipient (including without limitation federal, state, local and foreign income tax consequences) with respect to the Restricted Stock Units (including without limitation any tax consequences resulting from the grant, vesting and/or forfeiture delivery thereof) are the sole responsibility of the Recipient. The Recipient shall consult with his or her own personal accountant(s) and/or tax advisor(s) regarding these matters, the making of a Section 83(b) Election, matters and the Recipient’s filing, withholding and payment (or tax liability) obligations.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Vocus, Inc.)

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