Section 280G of the Internal Revenue Code. Notwithstanding any provision of this Agreement to the contrary, the Company shall not pay any benefit under this Agreement to the extent the benefit would create an excise tax under the parachute rules of Section 280G of the Internal Revenue Code.
Appears in 12 contracts
Samples: Employment Agreement (ECD Automotive Design, Inc.), Employment Agreement (ECD Automotive Design, Inc.), Employment Agreement (ECD Automotive Design, Inc.)