Common use of Tax Acknowledgment Clause in Contracts

Tax Acknowledgment. By accepting the Award, the Recipient agrees to notify the Employer of the amount of any gain realized at the taxable event. If the Recipient fails to advise the Employer of the gain realized at the taxable event, the Recipient may be liable for a fine. The Recipient will be responsible for paying any difference between the actual tax liability and the amount withheld.

Appears in 6 contracts

Samples: Performance Share Agreement (Coca Cola Co), Restricted Stock Unit Agreement (Coca Cola Co), Performance Share Agreement (Coca Cola Co)

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