Common use of Tax Computation Clause in Contracts

Tax Computation. The determination of whether any of the Total Payments will be subject to the Excise Tax and the assumptions to be used in arriving at such determination, shall be made by a nationally recognized certified public accounting firm that does not serve as an accountant or auditor for any individual, entity or group effecting the Change in Control as designated by the Company (the “Accounting Firm”). The Accounting Firm will provide detailed supporting calculations to the Company and the Executive within fifteen (15) business days of the receipt of notice from the Executive or the Company requesting a calculation hereunder. All fees and expenses of the Accounting Firm will be paid by the Company.

Appears in 14 contracts

Samples: Change in Control Executive Severance Agreement (John Bean Technologies CORP), Change in Control Executive Severance Agreement (John Bean Technologies CORP), Executive Change in Control and Indemnity Agreement (Celsius Holdings, Inc.)

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Tax Computation. The determination of whether any of the Total Payments will be subject to the Excise Tax and the assumptions to be used in arriving at such determination, shall be made by a nationally recognized certified public accounting firm that does not serve as an accountant or auditor for any individual, entity or group effecting the Change in Control as designated by the Company (the “Accounting Firm”). The Accounting Firm will provide detailed supporting calculations to the Company and the Executive within fifteen (15) business days of the receipt of notice from the Executive or the Company requesting a calculation hereunder. All fees and expenses of the Accounting Firm will be paid by the Company. Except as modified hereby, the Agreement shall remain in full force and effect.

Appears in 1 contract

Samples: Executive Change in Control Agreement (Medidata Solutions, Inc.)

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