Shareholder Expenses. If, pursuant to Section 16 hereof, shares of Common Stock owned by the Executive is included in a registration statement, then the Executive shall pay all transfer taxes, if any, relating to the sale of his shares, the fees and expenses of his own counsel, and his pro rata portion of any underwriting discounts, fees or commissions or the equivalent thereof.
Appears in 6 contracts
Samples: Employment Agreement (El Banco Financial Corp), Employment Agreement (El Banco Financial Corp), Employment Agreement (El Banco Financial Corp)
Shareholder Expenses. If, pursuant to Section 16 17 or 18 hereof, shares of Common Stock common stock owned by the Executive is are included in a registration statement, then the Executive shall pay all transfer taxes, if any, relating to the sale of his its shares, the fees and expenses of his own counsel, and his its pro rata portion of any underwriting discounts, fees or commissions or the equivalent thereof.
Appears in 1 contract
Samples: Employment Agreement (Professional Transportation Group LTD Inc)
