Tax and Estate Planning Advice. Company shall pay for or reimburse the costs of tax and estate planning advice for Executive, including the costs of preparing estate planning and wealth preservation documents for Executive and his spouse, up to a maximum of $25,000 in any calendar year. Company shall provide Executive with additional cash compensation at the end of each calendar year to fully offset taxes attributable to Executive as a result of payment of such tax and estate planning advice by the Company. Notwithstanding anything in this Agreement to the contrary, any such reimbursement shall be made no later than March 15 of the calendar year following the calendar year in which such reimbursable expenses were incurred.
Appears in 12 contracts
Samples: Employment Agreement (Superior Offshore International Inc.), Employment Agreement (Superior Offshore International Inc.), Employment Agreement (Superior Offshore International Inc.)
