SELECTION OF C. P. A. Within fifteen (15) days after any termination of Executive's employment following a Change of Control, the majority of the Continuing Directors as of the date immediately prior to the Change of Control shall select a certified public accounting firm (the "C.P.A.") to determine the amount, if any, of the Excise Tax and the amount, if any, of the Gross-Up Payments.
Appears in 11 contracts
Samples: Employment Agreement (Cpi Corp), Employment Agreement (Cpi Corp), Employment Agreement (Cpi Corp)
SELECTION OF C. P.
A. Within fifteen (15) days after any termination of Executive's employment following the occurrence of a Change of Controltransaction that causes an Excise Tax to become due, the majority of the Continuing Directors as of the date immediately prior to the Change of Control such a transaction shall select a certified public accounting firm (the "C.P.A.") reasonably acceptable to Executive to determine the amount, if any, of the Excise Tax and the amount, if any, of the Gross-Up Payments.
Appears in 1 contract
Samples: Employment Agreement (Cpi Corp)