Tax and Estate Planning. The tax and estate planning services to be provided during the Continuation Period in accordance with Paragraphs 4(c), 8 and 9 of Section B of the Employment Agreement shall be provided by a third party not affiliated with the Company selected by the Executive in his sole discretion. It is understood and acknowledged by both parties that the initial costs for providing such tax and estate planning services may be significant and all such costs during the Continuation Period shall be paid by the Company.
Tax and Estate Planning. During the term of this Agreement, the Employee shall be reimbursed, on an annual basis, for all out-of-pocket expenses reasonably incurred by him for financial, tax and estate planning, provided that the total amount of such reimbursement for any year shall not exceed two percent (2%) of his Base Salary in such year. The Employee shall retain the right to determine the provider for any such services.
B. For all purposes therein, Section 4(a) of the Employment Agreement is hereby deleted and substituted in lieu thereof is the following:
Tax and Estate Planning. The Company shall provide the Executive with annual personal tax and estate planning services.
Tax and Estate Planning. The Company agrees to ------------------------ reimburse Executive for the cost of financial, tax and estate planning for each 365-day period in which this Agreement is in effect in amount not to exceed US $3,000 for each 365-day period. In the event that Executive is required to pay any tax on such reimbursement, the amount to be reimbursed to Executive shall be grossed up by such amount as shall ensure that Executive receives the same amount as he would have received had not such tax been payable.
Tax and Estate Planning. The Company shall provide Executive with comprehensive annual personal tax and estate planning services including tax planning for Executive's gross income. In addition, the Company shall provide the services of an accountant to keep Executive's financial records and to assist in tax reporting. Tax planning and accounting services shall be provided in-house by the Company, or at Executive's option, by the firm of Xxxxxx Xxxxxxxx or such other accounting firm as Executive may select, in his sole discretion. Further, the estate planning services shall be provided by Xxxxx Bisingano or such other professional as Executive shall select, in his sole discretion. The Company shall pay for the full cost of such services at the customary commercial rates charged by such service providers.
Tax and Estate Planning. During the term of this Agreement, the Employee shall be reimbursed, on an annual basis, for all out-of-pocket expenses reasonably incurred by him for financial, tax and estate planning, provided that the total amount of such reimbursement for any year shall not exceed two percent (2%) of his Base Salary in such year. The Employee shall retain the right to determine the provider for any such services.
Tax and Estate Planning. During the term of this Agreement, the Employee shall be reimbursed, on an annual basis, for all out-of-pocket expenses reasonably incurred by him for financial, tax and estate planning, provided that the total amount of such reimbursement for any year shall not exceed two percent (2%) of his Base Salary in such year. The Employee shall retain the right to determine the provider for any such services.
B. All other provisions or terms of the Employment Agreement are hereby ratified and confirmed, including but not limited to, the provisions and terms of Sections 5, 6, and 7 thereof.
Tax and Estate Planning. During the Term, the Company shall reimburse ----------------------- Executive for, or pay on behalf of Executive, reasonable expenses for Executive's estate planning, taxation and tax planning services, including reasonable legal and accounting fees and expenses not to exceed $15,000 per year in the aggregate.
