Repayment of Disallowed Salary. In the event that any portion of the compensation paid by Company to Executive is disallowed as an income tax deduction on an income tax return of Company, Executive agrees to immediately repay to Company the full amount of that portion.
Appears in 8 contracts
Samples: Employment Agreement (Kiwa Bio-Tech Products Group Corp), Employment Agreement (Kiwa Bio-Tech Products Group Corp), Employment Agreement (Kiwa Bio-Tech Products Group Corp)
Repayment of Disallowed Salary. In the event that any portion of the compensation paid by Company to Executive is disallowed as an income tax deduction on an income tax return of Company, Executive agrees to immediately repay to Company the full amount of that portion. 5.
Appears in 2 contracts
Samples: Employment Agreement (Kiwa Bio-Tech Products Group Corp), Employment Agreement (Kiwa Bio-Tech Products Group Corp)
