Common use of Subsequent Tax Liability Clause in Contracts

Subsequent Tax Liability. Federal and state income tax liability resulting from the ultimate disposition of the stock purchased pursuant to the Option will be the sole responsibility of the Option Holder.

Appears in 4 contracts

Sources: Non Statutory Stock Option Agreement (Aurelio Resource Corp), Non Statutory Stock Option Agreement (Aurelio Resource Corp), Non Statutory Option Agreement (GDC Group Inc)

Subsequent Tax Liability. Federal and state income tax liability resulting from the ultimate disposition of the stock purchased pursuant to the Option will shall be the sole responsibility of the Option Holder.

Appears in 1 contract

Sources: Stock Option Grant Agreement (Signalsoft Corp)