We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Tax Changes Clause in Contracts

Tax Changes. Adjusted Net Income for each Performance Year shall be adjusted to eliminate any positive or negative impacts on earnings resulting from changes to federal, state or local income tax rates or the imposition of a new tax during the period between the award of the RSUs and the completion of all Performance Years, and any resulting impact on deferred tax account balances.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Northwest Natural Gas Co), Restricted Stock Unit Award Agreement (Northwest Natural Gas Co), Restricted Stock Unit Award Agreement (Northwest Natural Gas Co)